Technical Breakouts to Watch for July 14, 2014 (TSX: GBU) (NASDAQ: JOEZ)

Published:

In the Canadian markets, Gabriel Resources Ltd (TSX: GBU) gained 14% Friday, piercing the long term 200 DMA (Daily Moving Average) of C$0.96. Luna Gold Corp (TSX: LGC), IAMGOLD Corp (TSX: IMG), Focus Graphite Inc (TSXV: FMS), and AuRico Gold Inc (TSX: AUQ) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Global Cobalt Corp (TSXV: GCO), Mason Graphite Inc (TSXV: LLG), San Gold Corp (TSX: SGR), Bonavista Energy Corp (TSX: BNP), and Goldquest Mining Corp (TSXV: GQC).

Gabriel Resources Ltd (TSX: GBU) – Technical Chart

Gabriel Resources Ltd (TSX: GBU)

In the U.S. markets, Joe’s Jeans Inc (NASDAQ: JOEZ), ORBCOMM Inc (NASDAQ: ORBC), Spectranetics Corp (NASDAQ: SPNC), Synacor Inc (NASDAQ: SYNC), and QIWI plc (NASDAQ: QIWI) witnessed strong price gains and breakouts above their 200 DMAs Friday. MGIC Investment Corp (NYSE: MTG), Zep Inc (NYSE: ZEP), NeuroMetrix Inc (NASDAQ: NURO), Uranerz Energy Corp (NYSE: URZ), and PDC Energy Inc (NASDAQ: PDCE) witnessed price declines and fell below their 200 DMAs Friday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Focus Ventures Ltd
(TSXV: FCV)

11.1%

0.30

0.28

Formation Metals Inc
(TSX: FCO)

-13.0%

0.20

0.21

Azincourt Uranium Inc
(TSXV: AAZ)

9.1%

0.12

0.12

Erdene Resource Development Corp (TSX: ERD)

-8.1%

0.17

0.18

Soltoro Ltd
(TSXV: SOL)

7.7%

0.14

0.14

PetroNova Inc
(TSXV: PNA)

-5.4%

0.27

0.27

Cynapsus Therapeutics Inc
(TSXV: CTH)

6.3%

0.67

0.64

Enerflex Ltd
(TSX: EFX)

-4.3%

18.69

19.48

DualEx Energy International Inc
(TSXV: DXE)

6.3%

0.17

0.16

Arctic Star Exploration Corp
(TSXV: ADD)

-4.0%

0.12

0.12

50 DMA

Focus Ventures Ltd
(TSXV: FCV)

11.1%

0.30

0.28

Formation Metals Inc
(TSX: FCO)

-13.0%

0.20

0.21

Abattis Bioceuticals Corp
(CNSX: ATT)

10.3%

0.75

0.72

Erdene Resource Development Corp (TSX: ERD)

-8.1%

0.17

0.17

Soltoro Ltd
(TSXV: SOL)

7.7%

0.14

0.14

Delphi Energy Corp
(TSX: DEE)

-6.1%

3.71

3.82

Redhawk Resources Inc/Canada
(TSX: RDK)

5.1%

0.21

0.20

PetroNova Inc
(TSXV: PNA)

-5.4%

0.27

0.28

Integra Gold Corp
(TSXV: ICG)

4.5%

0.23

0.23

NuVista Energy Ltd
(TSX: NVA)

-4.8%

11.00

11.33

200 DMA

Gabriel Resources Ltd
(TSX: GBU)

13.7%

1.08

0.96

Global Cobalt Corp
(TSXV: GCO)

-19.2%

0.11

0.11

Luna Gold Corp
(TSX: LGC)

5.5%

1.34

1.30

Mason Graphite Inc
(TSXV: LLG)

-4.8%

0.60

0.61

IAMGOLD Corp
(TSX: IMG)

3.6%

4.36

4.22

San Gold Corp
(TSX: SGR)

-3.2%

0.15

0.15

Focus Graphite Inc
(TSXV: FMS)

2.1%

0.50

0.49

Bonavista Energy Corp
(TSX: BNP)

-2.4%

14.85

14.95

AuRico Gold Inc
(TSX: AUQ)

1.6%

4.54

4.52

Goldquest Mining Corp
(TSXV: GQC)

-1.7%

0.30

0.30

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Max Sound Corp
(OTC BB: MAXD)

23.6%

0.11

0.10

Rent-A-Center Inc/TX
(NASDAQ: RCII)

-10.9%

25.88

28.68

Joe’s Jeans Inc
(NASDAQ: JOEZ)

20.4%

1.24

1.04

MGIC Investment Corp
(NYSE: MTG)

-9.5%

8.36

9.12

Cyclacel Pharmaceuticals Inc
(NASDAQ: CYCC)

8.3%

3.39

3.15

Alkaline Water Co Inc/The
(OTC BB: WTER)

-8.0%

0.12

0.12

Curis Inc
(NASDAQ: CRIS)

8.3%

1.83

1.72

Mandalay Digital Group Inc
(NASDAQ: MNDL)

-7.1%

3.66

3.77

Ruckus Wireless Inc

(NYSE: RKUS)

7.9%

11.88

11.29

Zep Inc
(NYSE: ZEP)

-6.1%

16.93

17.73

50 DMA

WPCS International Inc
(NASDAQ: WPCS)

60.0%

0.92

0.60

Rent-A-Center Inc/TX
(NASDAQ: RCII)

-10.9%

25.88

28.75

Max Sound Corp
(OTC BB: MAXD)

23.6%

0.11

0.10

Kofax Ltd
(NASDAQ: KFX)

-9.9%

7.28

8.08

Cyclacel Pharmaceuticals Inc
(NASDAQ: CYCC)

8.3%

3.39

3.17

MGIC Investment Corp
(NYSE: MTG)

-9.5%

8.36

8.88

Curis Inc
(NASDAQ: CRIS)

8.3%

1.83

1.82

Mandalay Digital Group Inc
(NASDAQ: MNDL)

-7.1%

3.66

3.72

Forward Industries Inc
(NASDAQ: FORD)

7.4%

1.45

1.35

Zep Inc
(NYSE: ZEP)

-6.1%

16.93

17.63

200 DMA

Joe’s Jeans Inc
(NASDAQ: JOEZ)

20.4%

1.24

1.13

MGIC Investment Corp
(NYSE: MTG)

-9.5%

8.36

8.45

ORBCOMM Inc
(NASDAQ: ORBC)

6.4%

6.81

6.48

Zep Inc
(NYSE: ZEP)

-6.1%

16.93

17.85

Spectranetics Corp
(NASDAQ: SPNC)

5.6%

24.90

23.79

NeuroMetrix Inc
(NASDAQ: NURO)

-4.0%

2.15

2.21

Synacor Inc
(NASDAQ: SYNC)

5.3%

2.60

2.50

Uranerz Energy Corp
(NYSE: URZ)

-3.6%

1.35

1.36

QIWI plc
(NASDAQ: QIWI)

5.2%

42.06

40.43

PDC Energy Inc
(NASDAQ: PDCE)

-3.3%

58.84

59.67

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