Technical Breakouts to Watch for August 21, 2014 (TSX: SAM) (OTC BB: EMIS)

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In the Canadian markets, Starcore International Mines Ltd (TSX: SAM) rallied 23% Wednesday breaching all the key technical levels of 30-day, 50-day and 200-day DMAs (Daily Moving Average) at C$0.16, 0.17 & C$0.19 respectively. Phoscan Chemical Corp (TSX: FOS), Hemisphere Energy Corp (TSXV: HME), Peyto Exploration & Development Corp (TSX: PEY), and Aecon Group Inc (TSX: ARE) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in North American Nickel Inc (TSXV: NAN), Raise Production Inc (TSXV: RPC), Levon Resources Ltd (TSX: LVN), Lydian International Ltd (TSX: LYD), and Bellatrix Exploration Ltd (TSX: BXE).

Starcore International Mines Ltd (TSX: SAM) – Technical Chart

Starcore International Mines Ltd (TSX: SAM)

In the U.S. markets, Emisphere Technologies Inc (OTC BB: EMIS), Biostar Pharmaceuticals Inc (NASDAQ: BSPM), American Eagle Outfitters Inc (NYSE: AEO), Hain Celestial Group Inc/The (NASDAQ: HAIN), and ChinaCache International Holdings Ltd (NASDAQ: CCIH) witnessed strong price gains and breakouts above their 200 DMAs Wednesday. Novabay Pharmaceuticals Inc (NYSE: NBY), Digital Ally Inc (NASDAQ: DGLY), Noah Holdings Ltd (NYSE: NOAH), JA Solar Holdings Co Ltd (NASDAQ: JASO), and Taser International Inc (NASDAQ: TASR) witnessed price declines and fell below their 200 DMAs Wednesday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Starcore International Mines Ltd
(TSX: SAM)

22.6%

0.19

0.16

North American Nickel Inc
(TSXV: NAN)

-35.2%

0.35

0.51

Banro Corp
(TSX: BAA)

18.0%

0.30

0.29

Kaminak Gold Corp
(TSXV: KAM)

-8.5%

0.97

0.98

Flyht Aerospace Solutions Ltd
(TSXV: FLY)

13.6%

0.38

0.37

Cynapsus Therapeutics Inc
(TSXV: CTH)

-7.8%

0.59

0.63

Sunridge Gold Corp
(TSXV: SGC)

7.7%

0.21

0.21

Metanor Resources Inc
(TSXV: MTO)

-7.1%

0.13

0.14

PRD Energy Inc
(TSXV: PRD)

7.1%

0.91

0.89

Callinex Mines Inc
(TSXV: CNX)

-6.4%

0.22

0.22

50 DMA

Starcore International Mines Ltd
(TSX: SAM)

22.6%

0.19

0.17

North American Nickel Inc
(TSXV: NAN)

-35.2%

0.35

0.52

Mission Ready Services Inc
(TSXV: MRS)

15.0%

0.23

0.20

Cynapsus Therapeutics Inc
(TSXV: CTH)

-7.8%

0.59

0.63

Flyht Aerospace Solutions Ltd
(TSXV: FLY)

13.6%

0.38

0.37

Redhawk Resources Inc/Canada
(TSX: RDK)

-7.3%

0.19

0.20

Stans Energy Corp
(TSXV: HRE)

8.8%

0.19

0.17

Metanor Resources Inc
(TSXV: MTO)

-7.1%

0.13

0.14

Terraco Gold Corp
(TSXV: TEN)

5.6%

0.19

0.18

Callinex Mines Inc
(TSXV: CNX)

-6.4%

0.22

0.23

200 DMA

Starcore International Mines Ltd
(TSX: SAM)

22.6%

0.19

0.19

North American Nickel Inc
(TSXV: NAN)

-35.2%

0.35

0.37

Phoscan Chemical Corp
(TSX: FOS)

1.7%

0.30

0.30

Raise Production Inc
(TSXV: RPC)

-19.3%

1.63

1.81

Hemisphere Energy Corp
(TSXV: HME)

1.5%

0.69

0.68

Levon Resources Ltd
(TSX: LVN)

-10.5%

0.26

0.28

Peyto Exploration & Development Corp (TSX: PEY)

1.1%

36.26

35.93

Lydian International Ltd
(TSX: LYD)

-4.8%

0.99

1.02

Aecon Group Inc
(TSX: ARE)

0.7%

16.44

16.42

Bellatrix Exploration Ltd
(TSX: BXE)

-2.4%

8.52

8.68

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

International Rectifier Corp
(NYSE: IRF)

47.2%

39.10

26.79

Novabay Pharmaceuticals Inc
(NYSE: NBY)

-35.2%

0.81

0.98

Lucas Energy Inc
(NYSE: LEI)

20.0%

0.60

0.54

Noranda Aluminum Holding Corp
(NYSE: NOR)

-12.2%

4.19

4.42

Pernix Therapeutics Holdings
(NASDAQ: PTX)

17.8%

8.26

7.69

Noah Holdings Ltd
(NYSE: NOAH)

-11.3%

14.44

15.63

Vicon Industries Inc
(NYSE: VII)

11.3%

2.36

2.33

China Digital TV Holding Co Ltd
(NYSE: STV)

-10.7%

4.10

4.58

Hain Celestial Group Inc/The
(NASDAQ: HAIN)

11.0%

96.51

86.93

Youku Tudou Inc
(NYSE: YOKU)

-9.3%

19.52

20.36

50 DMA

International Rectifier Corp
(NYSE: IRF)

47.2%

39.10

27.37

Novabay Pharmaceuticals Inc
(NYSE: NBY)

-35.2%

0.81

0.93

Emisphere Technologies Inc
(OTC BB: EMIS)

42.3%

0.35

0.35

Noah Holdings Ltd
(NYSE: NOAH)

-11.3%

14.44

15.07

Zenosense Inc
(OTC BB: ZENO)

28.0%

0.32

0.32

China Digital TV Holding Co Ltd
(NYSE: STV)

-10.7%

4.10

4.54

Lucas Energy Inc
(NYSE: LEI)

20.0%

0.60

0.57

Intra-Cellular Therapies Inc
(NASDAQ: ITCI)

-10.1%

15.55

16.08

Pernix Therapeutics Holdings
(NASDAQ: PTX)

17.8%

8.26

8.01

Youku Tudou Inc
(NYSE: YOKU)

-9.3%

19.52

21.06

200 DMA

Emisphere Technologies Inc
(OTC BB: EMIS)

42.3%

0.35

0.25

Novabay Pharmaceuticals Inc
(NYSE: NBY)

-35.2%

0.81

1.10

Biostar Pharmaceuticals Inc
(NASDAQ: BSPM)

16.4%

1.99

1.82

Digital Ally Inc
(NASDAQ: DGLY)

-18.2%

5.79

6.36

American Eagle Outfitters Inc
(NYSE: AEO)

12.0%

12.98

12.80

Noah Holdings Ltd
(NYSE: NOAH)

-11.3%

14.44

15.77

Hain Celestial Group Inc/The
(NASDAQ: HAIN)

11.0%

96.51

88.47

JA Solar Holdings Co Ltd
(NASDAQ: JASO)

-6.3%

9.36

9.94

ChinaCache International Holdings Ltd (NASDAQ: CCIH)

7.3%

14.98

14.51

Taser International Inc
(NASDAQ: TASR)

-4.0%

15.46

15.68

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