Technical Breakouts to Watch for April 07, 2014 (TSXV: CRE) (NASDAQ: ATRM)

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In the Canadian markets, Critical Elements Corp (TSXV: CRE) gained 15% Friday, piercing the long term 200 DMA (Daily Moving Average) of C$0.17. Medifocus Inc (TSXV: MFS), Goldrock Mines Corp (TSXV: GRM), Pan Orient Energy Corp (TSXV: POE), and Magor Corp (TSXV: MCC) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Levon Resources Ltd (TSX: LVN), Canada Carbon Inc (TSXV: CCB), Solid Resources Ltd (TSXV: SRW), Africa Hydrocarbons Inc (TSXV: NFK), and Adriana Resources Inc (TSXV: ADI).

Critical Elements Corp (TSXV: CRE) – Technical Chart

Critical Elements Corp (TSXV: CRE)

In the U.S. markets, Aetrium Inc (NASDAQ: ATRM), Eagle Bulk Shipping Inc (NASDAQ: EGLE), Escalon Medical Corp (NASDAQ: ESMC), Metalico Inc (NYSE: MEA), and Tetraphase Pharmaceuticals Inc (NASDAQ: TTPH) witnessed strong price gains and breakouts above their 200 DMAs Friday. On Track Innovations Ltd (NASDAQ: OTIV), ChannelAdvisor Corp (NYSE: ECOM), Medidata Solutions Inc (NASDAQ: MDSO), E2open Inc (NASDAQ: EOPN), and CytRx Corp (NASDAQ: CYTR) witnessed price declines and fell below their 200 DMAs Friday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Tinka Resources Ltd
(TSXV: TK)

42.6%

0.49

0.44

Labrador Iron Mines Holdings Ltd
(TSX: LIM)

-7.7%

0.12

0.12

Critical Elements Corp
(TSXV: CRE)

15.2%

0.19

0.18

Spectra7 Microsystems Inc
(TSXV: SEV)

-7.5%

0.37

0.39

Medifocus Inc
(TSXV: MFS)

13.9%

0.21

0.20

Canada Carbon Inc
(TSXV: CCB)

-5.3%

0.18

0.18

Robex Resources Inc
(TSXV: RBX)

9.1%

0.24

0.22

Traverse Energy Ltd
(TSXV: TVL)

-3.6%

0.8

0.82

Pan Orient Energy Corp
(TSXV: POE)

7.9%

1.92

1.88

Mega Uranium Ltd
(TSX: MGA)

-3.6%

0.27

0.27

50 DMA

Tinka Resources Ltd
(TSXV: TK)

42.6%

0.49

0.41

Strategic Metals Ltd
(TSXV: SMD)

-6.7%

0.42

0.45

Critical Elements Corp
(TSXV: CRE)

15.2%

0.19

0.19

Newmarket Gold Inc
(TSXV: NGN)

-5.9%

0.32

0.32

Magor Corp
(TSXV: MCC)

5.7%

0.37

0.35

Prometic Life Sciences Inc
(TSX: PLI)

-4.3%

1.32

1.38

Touchstone Exploration Inc
(TSXV: TAB)

5.6%

0.19

0.18

Tekmira Pharmaceuticals Corp
(TSX: TKM)

-4.0%

22.28

22.77

Empire Industries Ltd/Canada
(TSXV: EIL)

4.8%

0.11

0.11

Arcan Resources Ltd
(TSXV: ARN)

-3.3%

0.29

0.29

200 DMA

Critical Elements Corp
(TSXV: CRE)

15.2%

0.19

0.17

Levon Resources Ltd
(TSX: LVN)

-6.9%

0.27

0.29

Medifocus Inc
(TSXV: MFS)

13.9%

0.21

0.19

Canada Carbon Inc
(TSXV: CCB)

-5.3%

0.18

0.18

Goldrock Mines Corp
(TSXV: GRM)

11.6%

0.48

0.43

Solid Resources Ltd
(TSXV: SRW)

-3.7%

0.13

0.13

Pan Orient Energy Corp
(TSXV: POE)

7.9%

1.92

1.88

Africa Hydrocarbons Inc
(TSXV: NFK)

-3.7%

0.13

0.13

Magor Corp
(TSXV: MCC)

5.7%

0.37

0.37

Adriana Resources Inc
(TSXV: ADI)

-2.4%

0.2

0.20

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Aetrium Inc
(NASDAQ: ATRM)

41.9%

6.10

5.91

Regado Biosciences Inc
(NASDAQ: RGDO)

-16.5%

9.55

10.45

Genco Shipping & Trading Ltd
(NYSE: GNK)

26.8%

1.94

1.56

Vanda Pharmaceuticals Inc
(NASDAQ: VNDA)

-10.0%

15.07

16.36

Eagle Bulk Shipping Inc
(NASDAQ: EGLE)

13.0%

4.52

4.41

Insulet Corp
(NASDAQ: PODD)

-9.7%

44.31

48.18

USA Technologies Inc
(NASDAQ: USAT)

4.9%

2.12

2.07

Five Prime Therapeutics Inc
(NASDAQ: FPRX)

-9.3%

16.22

17.51

Old Second Bancorp Inc
(NASDAQ: OSBC)

3.2%

4.85

4.74

Alimera Sciences Inc
(NASDAQ: ALIM)

-9.2%

6.74

6.94

50 DMA

Aetrium Inc
(NASDAQ: ATRM)

41.9%

6.10

5.98

Ocean Power Technologies Inc
(NASDAQ: OPTT)

-19.7%

3.05

3.73

Genco Shipping & Trading Ltd
(NYSE: GNK)

26.8%

1.94

1.71

Prothena Corp PLC
(NASDAQ: PRTA)

-14.0%

29.6

34.03

Eagle Bulk Shipping Inc
(NASDAQ: EGLE)

13.0%

4.52

4.18

Enanta Pharmaceuticals Inc
(NASDAQ: ENTA)

-10.5%

34.47

37.90

Escalon Medical Corp
(NASDAQ: ESMC)

10.5%

1.69

1.67

Sorrento Therapeutics Inc
(NASDAQ: SRNE)

-10.1%

11.26

11.87

Baltic Trading Ltd
(NYSE: BALT)

6.4%

6.49

6.38

Mavenir Systems Inc
(NYSE: MVNR)

-10.0%

15.16

15.42

200 DMA

Aetrium Inc
(NASDAQ: ATRM)

41.9%

6.10

5.15

On Track Innovations Ltd
(NASDAQ: OTIV)

-12.9%

2.23

2.38

Eagle Bulk Shipping Inc
(NASDAQ: EGLE)

13.0%

4.52

4.44

ChannelAdvisor Corp
(NYSE: ECOM)

-9.9%

31.29

34.66

Escalon Medical Corp
(NASDAQ: ESMC)

10.5%

1.69

1.55

Medidata Solutions Inc
(NASDAQ: MDSO)

-9.6%

48.78

52.79

Metalico Inc
(NYSE: MEA)

3.6%

1.71

1.68

E2open Inc
(NASDAQ: EOPN)

-9.5%

20.39

22.46

Tetraphase Pharmaceuticals Inc
(NASDAQ: TTPH)

2.7%

11.43

11.36

CytRx Corp
(NASDAQ: CYTR)

-7.8%

3.64

3.71

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