Technical Breakouts to Watch for September 09, 2014 (TSXV: LOY) (NASDAQ: MGAM)

Published:

In the Canadian markets, Loyalist Group Ltd (TSXV: LOY) gained 6% Monday, piercing the long term 200 DMA (Daily Moving Average) of C$0.57. Element Financial Corp (TSX: EFN), CWC Well Services Corp (TSXV: CWC), Orbit Garant Drilling Inc (TSX: OGD), and NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH-U) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Sabina Gold & Silver Corp (TSX: SBB), Lexam VG Gold Inc (TSX: LEX), OceanaGold Corp (TSX: OGC), Scorpio Mining Corp (TSX: SPM), and Crocodile Gold Corp (TSX: CRK).

Loyalist Group Ltd (TSXV: LOY) – Technical Chart

Loyalist Group Ltd (TSXV: LOY)

In the U.S. markets, Multimedia Games Holding Co Inc (NASDAQ: MGAM), Threshold Pharmaceuticals Inc (NASDAQ: THLD), Mexco Energy Corp (NYSE: MXC), Luna Innovations Inc (NASDAQ: LUNA), and Metabolix Inc (NASDAQ: MBLX) witnessed strong price gains and breakouts above their 200 DMAs Monday. MGT Capital Investments Inc (NYSE: MGT), CAMAC Energy Inc (NYSE: CAK), Basic Energy Services Inc (NYSE: BAS), SGOCO Group Ltd (NASDAQ: SGOC), and Penn Virginia Corp (NYSE: PVA) witnessed price declines and fell below their 200 DMAs Monday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Mega Precious Metals Inc
(TSXV: MGP)

9.5%

0.12

0.11

International Northair Mines Ltd
(TSXV: INM)

-27.3%

0.12

0.12

Komet Resources Inc
(TSXV: KMT)

8.7%

0.50

0.49

TriMetals Mining Inc
(TSX: TMI)

-11.9%

0.19

0.20

Graphite One Resources Inc
(TSXV: GPH)

7.4%

0.15

0.14

Nemaska Lithium Inc
(TSXV: NMX)

-9.1%

0.20

0.20

Aveda Transportation and Energy Services Inc  (TSXV: AVE)

6.9%

5.40

5.22

Pershimco Resources Inc
(TSXV: PRO)

-8.7%

0.32

0.34

Marquee Energy Ltd
(TSXV: MQL)

2.7%

1.16

1.14

Orex Minerals Inc
(TSXV: REX)

-7.2%

0.32

0.33

50 DMA

Terrax Minerals Inc
(TSXV: TXR)

10.0%

0.44

0.44

TriMetals Mining Inc
(TSX: TMI)

-11.9%

0.19

0.19

Mega Precious Metals Inc
(TSXV: MGP)

9.5%

0.12

0.11

Pershimco Resources Inc
(TSXV: PRO)

-8.7%

0.32

0.34

Komet Resources Inc
(TSXV: KMT)

8.7%

0.50

0.46

Orex Minerals Inc
(TSXV: REX)

-7.2%

0.32

0.33

Graphite One Resources Inc
(TSXV: GPH)

7.4%

0.15

0.14

Focus Graphite Inc
(TSXV: FMS)

-7.0%

0.53

0.56

Aveda Transportation and Energy Services Inc
(TSXV: AVE)

6.9%

5.40

5.30

Victoria Gold Corp
(TSXV: VIT)

-6.7%

0.14

0.14

200 DMA

Loyalist Group Ltd
(TSXV: LOY)

5.6%

0.57

0.57

Sabina Gold & Silver Corp
(TSX: SBB)

-10.0%

0.72

0.79

Element Financial Corp
(TSX: EFN)

3.6%

14.20

13.93

Lexam VG Gold Inc
(TSX: LEX)

-8.0%

0.12

0.12

CWC Well Services Corp
(TSXV: CWC)

3.2%

0.97

0.94

OceanaGold Corp
(TSX: OGC)

-7.7%

2.52

2.56

Orbit Garant Drilling Inc
(TSX: OGD)

1.4%

1.47

1.45

Scorpio Mining Corp
(TSX: SPM)

-6.3%

0.30

0.31

NorthWest Healthcare Properties Real Estate Investment Trust
(TSX: NWH-U)

0.1%

10.10

10.10

Crocodile Gold Corp
(TSX: CRK)

-4.7%

0.21

0.21

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Dynasil Corp of America
(NASDAQ: DYSL)

17.9%

1.78

1.67

Ekso Bionics Holdings Inc
(OTC BB: EKSO)

-11.8%

1.05

1.11

Acorn Energy Inc
(NASDAQ: ACFN)

16.9%

1.94

1.94

Keryx Biopharmaceuticals Inc
(NASDAQ: KERX)

-11.2%

15.11

16.44

Threshold Pharmaceuticals Inc
(NASDAQ: THLD)

16.4%

4.61

4.13

Abraxas Petroleum Corp
(NASDAQ: AXAS)

-7.7%

5.29

5.48

Stemline Therapeutics Inc
(NASDAQ: STML)

14.6%

12.18

11.56

CAMAC Energy Inc
(NYSE: CAK)

-7.7%

0.66

0.67

GenVec Inc
(NASDAQ: GNVC)

12.2%

2.30

2.11

Halcon Resources Corp
(NYSE: HK)

-7.6%

5.24

5.53

50 DMA

Multimedia Games Holding Co Inc
(NASDAQ: MGAM)

30.1%

36.15

28.04

Keryx Biopharmaceuticals Inc
(NASDAQ: KERX)

-11.2%

15.11

15.84

Dynasil Corp of America
(NASDAQ: DYSL)

17.9%

1.78

1.68

Abraxas Petroleum Corp
(NASDAQ: AXAS)

-7.7%

5.29

5.66

Threshold Pharmaceuticals Inc
(NASDAQ: THLD)

16.4%

4.61

4.13

CAMAC Energy Inc
(NYSE: CAK)

-7.7%

0.66

0.67

Stemline Therapeutics Inc
(NASDAQ: STML)

14.6%

12.18

12.13

Mitek Systems Inc
(NASDAQ: MITK)

-7.5%

2.97

3.02

Hemispherx Biopharma Inc
(NYSE: HEB)

13.9%

0.32

0.28

Lentuo International Inc
(NYSE: LAS)

-7.0%

2.51

2.55

200 DMA

Multimedia Games Holding Co Inc
(NASDAQ: MGAM)

30.1%

36.15

29.44

MGT Capital Investments Inc
(NYSE: MGT)

-8.9%

1.73

1.77

Threshold Pharmaceuticals Inc
(NASDAQ: THLD)

16.4%

4.61

4.41

CAMAC Energy Inc
(NYSE: CAK)

-7.7%

0.66

0.66

Mexco Energy Corp
(NYSE: MXC)

13.0%

8.25

7.46

Basic Energy Services Inc
(NYSE: BAS)

-5.8%

22.03

22.87

Luna Innovations Inc
(NASDAQ: LUNA)

11.8%

1.52

1.42

SGOCO Group Ltd
(NASDAQ: SGOC)

-5.4%

2.64

2.74

Metabolix Inc
(NASDAQ: MBLX)

10.5%

1.16

1.06

Penn Virginia Corp
(NYSE: PVA)

-4.6%

13.50

13.96

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