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 |
|
|
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 |
22.6% |
0.19 |
0.16 |
North American Nickel Inc |
-35.2% |
0.35 |
0.51 |
|
Banro Corp |
18.0% |
0.30 |
0.29 |
Kaminak Gold Corp |
-8.5% |
0.97 |
0.98 |
|
|
Flyht Aerospace Solutions Ltd |
13.6% |
0.38 |
0.37 |
Cynapsus Therapeutics Inc |
-7.8% |
0.59 |
0.63 |
|
|
Sunridge Gold Corp |
7.7% |
0.21 |
0.21 |
Metanor Resources Inc |
-7.1% |
0.13 |
0.14 |
|
|
PRD Energy Inc |
7.1% |
0.91 |
0.89 |
Callinex Mines Inc |
-6.4% |
0.22 |
0.22 |
|
|
50 DMA |
Starcore International Mines Ltd |
22.6% |
0.19 |
0.17 |
North American Nickel Inc |
-35.2% |
0.35 |
0.52 |
|
Mission Ready Services Inc |
15.0% |
0.23 |
0.20 |
Cynapsus Therapeutics Inc |
-7.8% |
0.59 |
0.63 |
|
|
Flyht Aerospace Solutions Ltd |
13.6% |
0.38 |
0.37 |
Redhawk Resources Inc/Canada |
-7.3% |
0.19 |
0.20 |
|
|
Stans Energy Corp |
8.8% |
0.19 |
0.17 |
Metanor Resources Inc |
-7.1% |
0.13 |
0.14 |
|
|
Terraco Gold Corp |
5.6% |
0.19 |
0.18 |
Callinex Mines Inc |
-6.4% |
0.22 |
0.23 |
|
|
200 DMA |
Starcore International Mines Ltd |
22.6% |
0.19 |
0.19 |
North American Nickel Inc |
-35.2% |
0.35 |
0.37 |
|
Phoscan Chemical Corp |
1.7% |
0.30 |
0.30 |
Raise Production Inc |
-19.3% |
1.63 |
1.81 |
|
|
Hemisphere Energy Corp |
1.5% |
0.69 |
0.68 |
Levon Resources Ltd |
-10.5% |
0.26 |
0.28 |
|
|
Peyto Exploration & Development Corp (TSX: PEY) |
1.1% |
36.26 |
35.93 |
Lydian International Ltd |
-4.8% |
0.99 |
1.02 |
|
|
Aecon Group Inc |
0.7% |
16.44 |
16.42 |
Bellatrix Exploration Ltd |
-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 |
47.2% |
39.10 |
26.79 |
Novabay Pharmaceuticals Inc |
-35.2% |
0.81 |
0.98 |
|
Lucas Energy Inc |
20.0% |
0.60 |
0.54 |
Noranda Aluminum Holding Corp |
-12.2% |
4.19 |
4.42 |
|
|
Pernix Therapeutics Holdings |
17.8% |
8.26 |
7.69 |
Noah Holdings Ltd |
-11.3% |
14.44 |
15.63 |
|
|
Vicon Industries Inc |
11.3% |
2.36 |
2.33 |
China Digital TV Holding Co Ltd |
-10.7% |
4.10 |
4.58 |
|
|
Hain Celestial Group Inc/The |
11.0% |
96.51 |
86.93 |
Youku Tudou Inc |
-9.3% |
19.52 |
20.36 |
|
|
50 DMA |
International Rectifier Corp |
47.2% |
39.10 |
27.37 |
Novabay Pharmaceuticals Inc |
-35.2% |
0.81 |
0.93 |
|
Emisphere Technologies Inc |
42.3% |
0.35 |
0.35 |
Noah Holdings Ltd |
-11.3% |
14.44 |
15.07 |
|
|
Zenosense Inc |
28.0% |
0.32 |
0.32 |
China Digital TV Holding Co Ltd |
-10.7% |
4.10 |
4.54 |
|
|
Lucas Energy Inc |
20.0% |
0.60 |
0.57 |
Intra-Cellular Therapies Inc |
-10.1% |
15.55 |
16.08 |
|
|
Pernix Therapeutics Holdings |
17.8% |
8.26 |
8.01 |
Youku Tudou Inc |
-9.3% |
19.52 |
21.06 |
|
|
200 DMA |
Emisphere Technologies Inc |
42.3% |
0.35 |
0.25 |
Novabay Pharmaceuticals Inc |
-35.2% |
0.81 |
1.10 |
|
Biostar Pharmaceuticals Inc |
16.4% |
1.99 |
1.82 |
Digital Ally Inc |
-18.2% |
5.79 |
6.36 |
|
|
American Eagle Outfitters Inc |
12.0% |
12.98 |
12.80 |
Noah Holdings Ltd |
-11.3% |
14.44 |
15.77 |
|
|
Hain Celestial Group Inc/The |
11.0% |
96.51 |
88.47 |
JA Solar Holdings Co Ltd |
-6.3% |
9.36 |
9.94 |
|
|
ChinaCache International Holdings Ltd (NASDAQ: CCIH) |
7.3% |
14.98 |
14.51 |
Taser International Inc |
-4.0% |
15.46 |
15.68 |
|
$(document).ready(function(){
$("#hor-minimalist ").find('th').removeAttr('nowrap'); $("#hor-minimalist ").find('th').removeAttr('style'); $("#hor-minimalist ").find('th').removeAttr('width'); $("#hor-minimalist ").find('td').removeAttr('nowrap'); $("#hor-minimalist ").find('td').removeAttr('style'); $("#hor-minimalist ").find('td').removeAttr('width'); $("#hor-minimalist ").find('td').removeAttr('height'); $("#hor-minimalist ").find('tr').removeAttr('width'); $("#hor-minimalist ").find('tr').removeAttr('height');
});



