In the Canadian markets, Alabama Graphite Corp (TSXV: ALP) rallied over 17% Friday, breaching all the key technical resistance levels of 30, 50 and 200 DMAs (Daily Moving Average) at C$0.18 each and ended at C$0.21. Tekmira Pharmaceuticals Corp (TSX: TKM), Brick Brewing Co Ltd (TSX: BRB), Cornerstone Capital Resources Inc (TSXV: CGP), and Ivernia Inc (TSX: IVW) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Ginguro Exploration Inc (TSXV: GEG), Laramide Resources Ltd (TSX: LAM), Cascades Inc (TSX: CAS), Uex Corp (TSX: UEX), and Tirex Resources Ltd (TSXV: TXX).
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Alabama Graphite Corp (TSXV: ALP) – Technical Chart |
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In the U.S. markets, Pike Corp (NYSE: PIKE), Hutchinson Technology Inc (NASDAQ: HTCH), Synergy Resources Corp (NYSE: SYRG), Durata Therapeutics Inc (NASDAQ: DRTX), and Elite Pharmaceuticals Inc (OTC BB: ELTP) witnessed strong price gains and breakouts above their 200 DMAs Monday. Insmed Inc (NASDAQ: INSM), Alere Inc (NYSE: ALR), Demand Media Inc (NYSE: DMD), American Apparel Inc (NYSE: APP), and Vical Inc (NASDAQ: VICL) witnessed price declines and fell below their 200 DMAs Monday.
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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 |
Pivotal Therapeutics Inc |
71.4% |
0.12 |
0.10 |
Fortune Minerals Ltd |
-12.5% |
0.35 |
0.37 |
|
Alabama Graphite Corp |
16.7% |
0.21 |
0.18 |
BrightPath Early Learning Inc |
-7.0% |
0.40 |
0.40 |
|
|
Lynden Energy Corp |
15.9% |
1.02 |
0.89 |
Keek Inc |
-6.3% |
0.15 |
0.16 |
|
|
IBC Advanced Alloys Corp |
10.7% |
0.16 |
0.15 |
Flinders Resources Ltd |
-4.7% |
0.81 |
0.83 |
|
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Alamos Gold Inc |
7.8% |
10.46 |
10.44 |
Uex Corp |
-4.5% |
0.43 |
0.43 |
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|
50 DMA |
Alabama Graphite Corp |
16.7% |
0.21 |
0.18 |
Westport Innovations Inc |
-8.0% |
17.23 |
17.94 |
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Aroway Energy Inc |
9.1% |
0.24 |
0.22 |
BrightPath Early Learning Inc |
-7.0% |
0.40 |
0.41 |
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Black Iron Inc |
8.7% |
0.13 |
0.12 |
Clarke Inc |
-6.1% |
10.33 |
10.91 |
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Detour Gold Corp |
8.6% |
13.35 |
13.13 |
theScore Inc |
-6.1% |
0.31 |
0.33 |
|
|
Orosur Mining Inc |
8.0% |
0.27 |
0.25 |
Cascades Inc |
-4.5% |
6.36 |
6.55 |
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|
200 DMA |
Alabama Graphite Corp |
16.7% |
0.21 |
0.18 |
Ginguro Exploration Inc |
-12.5% |
0.18 |
0.19 |
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Tekmira Pharmaceuticals Corp |
12.4% |
15.55 |
14.57 |
Laramide Resources Ltd |
-8.7% |
0.48 |
0.49 |
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Brick Brewing Co Ltd |
8.0% |
1.35 |
1.30 |
Cascades Inc |
-4.5% |
6.36 |
6.60 |
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Cornerstone Capital Resources Inc |
4.8% |
0.11 |
0.11 |
Uex Corp |
-4.5% |
0.43 |
0.44 |
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Ivernia Inc |
3.8% |
0.14 |
0.13 |
Tirex Resources Ltd |
-3.3% |
0.29 |
0.30 |
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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 |
Pike Corp |
48.6% |
11.83 |
8.66 |
Alere Inc |
-13.0% |
34.75 |
38.44 |
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Saleen Automotive Inc |
21.8% |
0.13 |
0.11 |
GreenHunter Resources Inc |
-11.7% |
2.12 |
2.31 |
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Synergy Resources Corp |
18.6% |
12.22 |
12.22 |
Emulex Corp |
-7.4% |
5.26 |
5.52 |
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PDC Energy Inc |
12.3% |
60.34 |
58.27 |
Manchester United Plc |
-7.1% |
17.18 |
18.38 |
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Coast Distribution System Inc/The |
11.8% |
3.32 |
3.09 |
Vical Inc |
-5.1% |
1.22 |
1.23 |
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|
50 DMA |
Pike Corp |
48.6% |
11.83 |
8.74 |
Insmed Inc |
-26.6% |
12.66 |
16.41 |
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Saleen Automotive Inc |
21.8% |
0.13 |
0.13 |
Alere Inc |
-13.0% |
34.75 |
37.48 |
|
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Synergy Resources Corp |
18.6% |
12.22 |
12.15 |
Emulex Corp |
-7.4% |
5.26 |
5.47 |
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Trex Co Inc |
15.1% |
33.00 |
29.61 |
Silver Bull Resources Inc |
-7.3% |
0.26 |
0.28 |
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Coast Distribution System Inc/The |
11.8% |
3.32 |
3.18 |
Celladon Corp |
-7.3% |
11.72 |
12.43 |
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200 DMA |
Pike Corp |
48.6% |
11.83 |
9.94 |
Insmed Inc |
-26.6% |
12.66 |
16.67 |
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Hutchinson Technology Inc |
28.1% |
3.69 |
2.93 |
Alere Inc |
-13.0% |
34.75 |
35.74 |
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Synergy Resources Corp |
18.6% |
12.22 |
10.53 |
Demand Media Inc |
-7.1% |
9.94 |
10.12 |
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Durata Therapeutics Inc |
18.5% |
15.17 |
13.34 |
American Apparel Inc |
-5.6% |
0.85 |
0.90 |
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Elite Pharmaceuticals Inc |
16.4% |
0.36 |
0.32 |
Vical Inc |
-5.1% |
1.22 |
1.27 |
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