In the Canadian markets, Intertape Polymer Group Inc (TSX: ITP) gained 12% Tuesday, breaking all the major key technical resistance levels of 30, 50 and 200 DMA (Daily Moving Average) of C$12.40, C$12.37 & C$13.17 respectively. San Gold Corp (TSX: SGR), Ivernia Inc (TSX: IVW), IBC Advanced Alloys Corp (TSXV: IB), and IC Potash Corp (TSX: ICP) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in IntelliPharmaCeutics International Inc/CA (TSX: I), Valeura Energy Inc (TSX: VLE), Goldquest Mining Corp (TSXV: GQC), Theralase Technologies Inc (TSXV: TLT), and NOVX21 Inc (TSXV: NOV).
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Intertape Polymer Group Inc (TSX: ITP) – Technical Chart |
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In the U.S. markets, TherapeuticsMD Inc (NYSE: TXMD), NeuroMetrix Inc (NASDAQ: NURO), Regis Corp (NYSE: RGS), PDC Energy Inc (NASDAQ: PDCE), and LeapFrog Enterprises Inc (NYSE: LF) witnessed strong price gains and breakouts above their 200 DMAs Tuesday. Intrexon Corp (NYSE: XON), Sangamo BioSciences Inc (NASDAQ: SGMO), JinkoSolar Holding Co Ltd (NYSE: JKS), Retrophin Inc (NASDAQ: RTRX), and Novavax Inc (NASDAQ: NVAX) witnessed price declines and fell below their 200 DMAs Tuesday.
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Breakouts – Canada |
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DMA |
Bullish |
Bearish |
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|
Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
|
|
30 DMA |
Stream Oil & Gas Ltd |
13.6% |
0.50 |
0.49 |
IntelliPharmaCeutics International Inc/CA |
-13.0% |
3.62 |
4.05 |
|
Treasury Metals Inc |
12.3% |
0.37 |
0.33 |
Naturally Splendid Enterprises Ltd |
-11.3% |
0.28 |
0.28 |
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|
Intertape Polymer Group Inc |
11.6% |
13.65 |
12.40 |
Soltoro Ltd |
-10.7% |
0.13 |
0.14 |
|
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Rockhaven Resources Ltd |
9.5% |
0.23 |
0.22 |
Canamax Energy Ltd |
-10.4% |
1.64 |
1.66 |
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Cortex Business Solutions Inc |
8.3% |
0.13 |
0.13 |
Colorado Resources Ltd |
-8.3% |
0.22 |
0.23 |
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|
50 DMA |
Quattro Exploration & Production Ltd |
16.1% |
0.72 |
0.66 |
IntelliPharmaCeutics International Inc/CA |
-13.0% |
3.62 |
4.14 |
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Treasury Metals Inc |
12.3% |
0.37 |
0.34 |
Naturally Splendid Enterprises Ltd |
-11.3% |
0.28 |
0.29 |
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Intertape Polymer Group Inc |
11.6% |
13.65 |
12.37 |
Soltoro Ltd |
-10.7% |
0.13 |
0.14 |
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Rockhaven Resources Ltd |
9.5% |
0.23 |
0.21 |
Geomega Resources Inc |
-9.5% |
0.38 |
0.41 |
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Cortex Business Solutions Inc |
8.3% |
0.13 |
0.13 |
Divestco Inc |
-6.7% |
0.14 |
0.14 |
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|
200 DMA |
Intertape Polymer Group Inc |
11.6% |
13.65 |
13.17 |
IntelliPharmaCeutics International Inc/CA |
-13.0% |
3.62 |
3.76 |
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San Gold Corp |
6.9% |
0.16 |
0.15 |
Valeura Energy Inc |
-7.5% |
0.49 |
0.49 |
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Ivernia Inc |
3.8% |
0.14 |
0.13 |
Goldquest Mining Corp |
-6.5% |
0.29 |
0.30 |
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IBC Advanced Alloys Corp |
3.4% |
0.30 |
0.15 |
Theralase Technologies Inc |
-5.6% |
0.34 |
0.35 |
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IC Potash Corp |
3.4% |
8.75 |
0.29 |
NOVX21 Inc |
-3.7% |
0.13 |
0.13 |
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Breakouts – U.S. |
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DMA |
Bullish |
Bearish |
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Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
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|
30 DMA |
TherapeuticsMD Inc |
32.4% |
5.47 |
4.54 |
China Cord Blood Corp |
-19.8% |
4.34 |
4.86 |
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NeuroMetrix Inc |
23.8% |
2.34 |
1.92 |
Sunvault Energy Inc |
-15.6% |
0.15 |
0.17 |
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China Biologic Products Inc |
10.8% |
49.58 |
45.36 |
Skystar Bio-Pharmaceutical Co |
-14.1% |
6.44 |
6.67 |
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WPCS International Inc |
7.4% |
0.58 |
0.56 |
Medizone International Inc |
-13.6% |
0.19 |
0.20 |
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US Geothermal Inc |
6.7% |
0.64 |
0.63 |
Zogenix Inc |
-12.7% |
1.86 |
1.95 |
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|
50 DMA |
TherapeuticsMD Inc |
32.4% |
5.47 |
4.26 |
China Cord Blood Corp |
-19.8% |
4.34 |
4.67 |
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Synthesis Energy Systems Inc |
5.6% |
1.70 |
1.65 |
Medizone International Inc |
-13.6% |
0.19 |
0.20 |
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Celadon Group Inc |
4.6% |
22.23 |
22.20 |
Zogenix Inc |
-12.7% |
1.86 |
2.08 |
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SIGA Technologies Inc |
3.7% |
2.77 |
2.75 |
Actions Semiconductor Co Ltd |
-12.6% |
2.08 |
2.11 |
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Federated National Holding Co |
3.5% |
23.65 |
23.08 |
Axcelis Technologies Inc |
-10.7% |
1.75 |
1.83 |
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|
200 DMA |
TherapeuticsMD Inc |
32.4% |
5.47 |
4.96 |
Intrexon Corp |
-9.2% |
23.66 |
23.70 |
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NeuroMetrix Inc |
23.8% |
2.34 |
2.20 |
Sangamo BioSciences Inc |
-9.0% |
13.52 |
14.85 |
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Regis Corp |
3.4% |
14.42 |
14.13 |
JinkoSolar Holding Co Ltd |
-8.8% |
26.99 |
28.31 |
|
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PDC Energy Inc |
2.1% |
60.48 |
59.67 |
Retrophin Inc |
-8.6% |
10.79 |
11.47 |
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LeapFrog Enterprises Inc |
2.0% |
7.71 |
7.69 |
Novavax Inc |
-8.4% |
4.34 |
4.45 |
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