In the Canadian markets, Pershimco Resources Inc (TSXV: PRO) jumped 23% Wednesday, breaking all the key technical resistance levels of 30, 50 and 200 DMA (Daily Moving Average) of C$0.34, C$0.37 & C$0.35. Alberta Oilsands Inc (TSXV: AOS), Continental Gold Ltd (TSX: CNL), Atna Resources Ltd (TSX: ATN), and Las Vegas From Home.Com Entertainment Inc (TSXV: LVH) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Lamelee Iron Ore Ltd (TSXV: LIR), Exchange Income Corp (TSX: EIF), IBC Advanced Alloys Corp (TSXV: IB), Integra Gold Corp (TSXV: ICG), and Mason Graphite Inc (TSXV: LLG).
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Pershimco Resources Inc (TSXV: PRO) – Technical Chart |
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In the U.S. markets, GSI Technology Inc (NASDAQ: GSIT), The9 Ltd (NASDAQ: NCTY), La Jolla Pharmaceutical Co (NASDAQ: LJPC), Novavax Inc (NASDAQ: NVAX), and Alexander & Baldwin Inc (NYSE: ALEX) witnessed strong price gains and breakouts above their 200 DMAs Wednesday. USEC Inc (NYSE: USU), Rosetta Genomics Ltd (NASDAQ: ROSG), iRobot Corp (NASDAQ: IRBT), Five Prime Therapeutics Inc (NASDAQ: FPRX), and OM Group Inc (NYSE: OMG) witnessed price declines and fell below their 200 DMAs Wednesday.
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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 |
Pershimco Resources Inc |
23.0% |
0.38 |
0.34 |
Happy Creek Minerals Ltd |
-11.4% |
0.16 |
0.16 |
|
Naturally Splendid Enterprises Ltd |
20.0% |
0.33 |
0.28 |
Yorbeau Resources Inc |
-6.7% |
0.14 |
0.15 |
|
|
TransGaming Inc |
13.6% |
0.13 |
0.12 |
Starcore International Mines Ltd |
-5.7% |
0.17 |
0.17 |
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|
Formation Metals Inc |
12.2% |
0.23 |
0.21 |
Ur-Energy Inc |
-4.0% |
1.21 |
1.24 |
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Soltoro Ltd |
12.0% |
0.14 |
0.14 |
Tuckamore Capital Management Inc (TSX: TX) |
-3.7% |
0.79 |
0.79 |
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|
50 DMA |
Pershimco Resources Inc |
23.0% |
0.38 |
0.37 |
Marksmen Energy Inc |
-32.7% |
0.37 |
0.55 |
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Naturally Splendid Enterprises Ltd |
20.0% |
0.33 |
0.29 |
Exchange Income Corp |
-7.6% |
20.00 |
21.13 |
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Alberta Oilsands Inc |
17.9% |
0.17 |
0.14 |
Integra Gold Corp |
-6.2% |
0.23 |
0.23 |
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Antibe Therapeutics Inc |
14.5% |
0.63 |
0.57 |
Canamax Energy Ltd |
-6.1% |
1.54 |
1.56 |
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Continental Gold Ltd |
13.5% |
3.86 |
3.53 |
Starcore International Mines Ltd |
-5.7% |
0.17 |
0.17 |
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|
200 DMA |
Pershimco Resources Inc |
23.0% |
0.38 |
0.35 |
Lamelee Iron Ore Ltd |
-8.3% |
0.11 |
0.12 |
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Alberta Oilsands Inc |
17.9% |
0.17 |
0.14 |
Exchange Income Corp |
-7.6% |
20.00 |
21.31 |
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Continental Gold Ltd |
13.5% |
3.86 |
3.71 |
IBC Advanced Alloys Corp |
-6.7% |
0.14 |
0.15 |
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Atna Resources Ltd |
12.0% |
0.14 |
0.14 |
Integra Gold Corp |
-6.2% |
0.23 |
0.23 |
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Las Vegas From Home.Com Entertainment Inc (TSXV: LVH) |
10.5% |
0.11 |
0.10 |
Mason Graphite Inc |
-4.8% |
0.60 |
0.60 |
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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 |
|
|
30 DMA |
Vasomedical Inc |
18.1% |
0.32 |
0.28 |
Gigamon Inc |
-32.4% |
12.29 |
18.00 |
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CombiMatrix Corp |
15.6% |
2.52 |
2.24 |
MYR Group Inc |
-6.2% |
25.15 |
25.29 |
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Ventrus Biosciences Inc |
14.0% |
1.51 |
1.36 |
Nordic American Tankers Ltd |
-5.3% |
8.60 |
8.92 |
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Aerovironment Inc |
13.2% |
35.05 |
32.66 |
Harvard Apparatus Regenerative Technology Inc (NASDAQ: HART) |
-5.0% |
8.75 |
9.11 |
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La Jolla Pharmaceutical Co |
9.5% |
9.01 |
8.56 |
Bob Evans Farms Inc/DE |
-4.4% |
47.57 |
48.83 |
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50 DMA |
Vasomedical Inc |
18.1% |
0.32 |
0.28 |
Gigamon Inc |
-32.4% |
12.29 |
17.61 |
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CombiMatrix Corp |
15.6% |
2.52 |
2.27 |
LogMeIn Inc |
-6.6% |
41.18 |
43.94 |
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|
Aerovironment Inc |
13.2% |
35.05 |
32.72 |
Metalico Inc |
-5.3% |
1.25 |
1.28 |
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The9 Ltd |
11.4% |
2.63 |
2.37 |
Nordic American Tankers Ltd |
-5.3% |
8.60 |
8.73 |
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La Jolla Pharmaceutical Co |
9.5% |
9.01 |
8.61 |
InspireMD Inc |
-5.1% |
2.62 |
2.63 |
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|
200 DMA |
GSI Technology Inc |
13.1% |
6.56 |
6.52 |
USEC Inc |
-11.3% |
5.60 |
5.61 |
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The9 Ltd |
11.4% |
2.63 |
2.48 |
Rosetta Genomics Ltd |
-5.8% |
3.73 |
3.76 |
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La Jolla Pharmaceutical Co |
9.5% |
9.01 |
8.77 |
iRobot Corp |
-3.6% |
36.81 |
36.83 |
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Novavax Inc |
7.8% |
4.68 |
4.46 |
Five Prime Therapeutics Inc |
-2.9% |
14.48 |
14.53 |
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Alexander & Baldwin Inc |
6.9% |
42.00 |
39.52 |
OM Group Inc |
-2.6% |
31.85 |
32.62 |
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