In the Canadian markets, IBI Group Inc (TSX: IBG) climbed 24% Wednesday, piercing the 30-DMA and 200-DMA (Daily Moving Average) of C$1.49 & C$1.48 respectively. AQM Copper Inc (TSXV: AQM), Xinergy Ltd (TSX: XRG), Bri-Chem Corp (TSX: BRY), and Nulegacy Gold Corp (TSXV: NUG) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Sunward Resources Ltd (TSX: SWD), Red Eagle Mining Corp (TSXV: RD), TSO3 Inc (TSX: TOS), Sabina Gold & Silver Corp (TSX: SBB), and Ascot Resources Ltd (TSXV: AOT).
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IBI Group Inc (TSX: IBG) – Technical Chart |
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In the U.S. markets, ZipRealty Inc (NASDAQ: ZIPR), American Superconductor Corp (NASDAQ: AMSC), Netlist Inc (NASDAQ: NLST), Mellanox Technologies Ltd (NASDAQ: MLNX), and AAR Corp (NYSE: AIR) witnessed strong price gains and breakouts above their 200 DMAs Wednesday. Venaxis Inc (NASDAQ: APPY), iBio Inc (NYSE: IBIO), FBR & Co (NASDAQ: FBRC), Interactive Brokers Group Inc (NASDAQ: IBKR), and Alliance Fiber Optic Products Inc (NASDAQ: AFOP) 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 |
IBI Group Inc |
23.8% |
1.61 |
1.49 |
Red Eagle Mining Corp |
-8.9% |
0.26 |
0.27 |
|
AQM Copper Inc |
22.2% |
0.11 |
0.10 |
Erdene Resource Development Corp (TSX: ERD) |
-8.3% |
0.17 |
0.18 |
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|
Lithium Americas Corp |
19.0% |
0.25 |
0.24 |
Luna Gold Corp |
-7.6% |
1.10 |
1.15 |
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|
Mega Uranium Ltd |
11.1% |
0.20 |
0.18 |
Mega Precious Metals Inc |
-4.3% |
0.11 |
0.11 |
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Tuckamore Capital Management Inc |
10.4% |
0.85 |
0.79 |
Merus Labs International Inc |
-4.3% |
2.21 |
2.24 |
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|
50 DMA |
AQM Copper Inc |
22.2% |
0.11 |
0.10 |
Red Eagle Mining Corp |
-8.9% |
0.26 |
0.26 |
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Lithium Americas Corp |
19.0% |
0.25 |
0.25 |
Abattis Bioceuticals Corp |
-8.5% |
0.65 |
0.69 |
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Tuckamore Capital Management Inc |
10.4% |
0.85 |
0.79 |
Erdene Resource Development Corp (TSX: ERD) |
-8.3% |
0.17 |
0.18 |
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Pine Cliff Energy Ltd |
9.0% |
1.46 |
1.44 |
Flyht Aerospace Solutions Ltd |
-8.1% |
0.40 |
0.41 |
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North Arrow Minerals Inc |
8.1% |
0.80 |
0.75 |
Commerce Resources Corp |
-5.6% |
0.26 |
0.26 |
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|
200 DMA |
IBI Group Inc |
23.8% |
1.61 |
1.48 |
Sunward Resources Ltd |
-13.3% |
0.20 |
0.22 |
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AQM Copper Inc |
22.2% |
0.11 |
0.11 |
Red Eagle Mining Corp |
-8.9% |
0.26 |
0.27 |
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Xinergy Ltd |
11.8% |
0.43 |
0.40 |
TSO3 Inc |
-4.9% |
0.58 |
0.60 |
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Bri-Chem Corp |
9.6% |
1.71 |
1.62 |
Sabina Gold & Silver Corp |
-3.7% |
0.78 |
0.79 |
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Nulegacy Gold Corp |
8.3% |
0.13 |
0.13 |
Ascot Resources Ltd |
-2.2% |
0.90 |
0.90 |
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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 |
ZipRealty Inc |
121.8% |
6.70 |
3.17 |
Neonode Inc |
-6.3% |
3.14 |
3.34 |
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BioFuel Energy Corp |
18.8% |
7.85 |
6.61 |
Marketo Inc |
-6.2% |
26.01 |
27.01 |
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Flexible Solutions International Inc |
12.5% |
0.81 |
0.79 |
AOL Inc |
-5.2% |
38.57 |
38.60 |
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Sunvault Energy Inc |
12.4% |
0.18 |
0.17 |
Amyris Inc |
-5.0% |
3.63 |
3.72 |
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dELiA*s Inc |
10.2% |
0.77 |
0.71 |
AirMedia Group Inc |
-4.8% |
2.19 |
2.27 |
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|
50 DMA |
ZipRealty Inc |
121.8% |
6.70 |
3.22 |
Lannett Co Inc |
-17.1% |
39.04 |
43.73 |
|
Netlist Inc |
12.7% |
1.33 |
1.23 |
Miller Energy Resources Inc |
-8.3% |
4.95 |
5.27 |
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Flexible Solutions International Inc |
12.5% |
0.81 |
0.74 |
Venaxis Inc |
-7.6% |
2.06 |
2.15 |
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dELiA*s Inc |
10.2% |
0.77 |
0.73 |
Pozen Inc |
-7.3% |
8.20 |
8.69 |
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AAR Corp |
9.3% |
28.02 |
26.16 |
Durata Therapeutics Inc |
-6.4% |
15.09 |
16.11 |
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|
200 DMA |
ZipRealty Inc |
121.8% |
6.70 |
4.42 |
Venaxis Inc |
-7.6% |
2.06 |
2.19 |
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American Superconductor Corp |
28.0% |
2.06 |
1.69 |
iBio Inc |
-6.0% |
0.42 |
0.44 |
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|
Netlist Inc |
12.7% |
1.33 |
1.27 |
FBR & Co |
-4.5% |
25.92 |
26.39 |
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Mellanox Technologies Ltd |
10.9% |
39.68 |
37.08 |
Interactive Brokers Group Inc |
-3.8% |
22.50 |
22.53 |
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AAR Corp |
9.3% |
28.02 |
27.62 |
Alliance Fiber Optic Products Inc |
-3.8% |
16.03 |
16.64 |
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