Technical Breakouts to Watch for April 09, 2014 (TSXV: DCK) (NYSE: HNR)

Published:

In the Canadian markets, Donnycreek Energy Inc (TSXV: DCK) gained 13% Tuesday, piercing the long term 200 DMA (Daily Moving Average) of C$2.14. Kirkland Lake Gold Inc (TSX: KGI), Bengal Energy Ltd (TSX: BNG), Asanko Gold Inc (TSX: AKG), and Premier Gold Mines Ltd (TSX: PG) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Orca Gold Inc (TSXV: ORG), Aldridge Minerals Inc (TSXV: AGM), Patient Home Monitoring Corp (TSXV: PHM), Africa Hydrocarbons Inc (TSXV: NFK), and AGF Management Ltd (TSX: AGF/B).

Donnycreek Energy Inc (TSXV: DCK) – Technical Chart

Critical Elements Corp (TSXV: CRE)

In the U.S. markets, Harvest Natural Resources Inc (NYSE: HNR), SemiLEDs Corp/Taiwan (NASDAQ: LEDS), InterXion Holding NV (NYSE: INXN), EXCO Resources Inc (NYSE: XCO), and Cirrus Logic Inc (NASDAQ: CRUS) witnessed strong price gains and breakouts above their 200 DMAs Tuesday. Sorrento Therapeutics Inc (NASDAQ: SRNE), Rovi Corp (NASDAQ: ROVI), Nordic American Tankers Ltd (NYSE: NAT), Pacific Biosciences of California Inc (NASDAQ: PACB), and China Sunergy Co Ltd (NASDAQ: CSUN) witnessed price declines and fell below their 200 DMAs Tuesday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Valeura Energy Inc
(TSX: VLE)

18.2%

0.65

0.59

Orca Gold Inc
(TSXV: ORG)

-9.1%

0.45

0.47

Graphite One Resources Inc
(TSXV: GPH)

11.1%

0.20

0.19

Aldridge Minerals Inc
(TSXV: AGM)

-8.3%

0.22

0.22

PNI Digital Media Inc
(TSX: PN)

10.0%

1.43

1.34

RDX Technologies Corp
(TSXV: RDX)

-7.1%

0.46

0.46

Empire Industries Ltd/Canada
(TSXV: EIL)

9.5%

0.12

0.11

Focus Ventures Ltd
(TSXV: FCV)

-5.2%

0.275

0.28

Western Lithium USA Corp
(TSX: WLC)

7.5%

0.72

0.68

Arcan Resources Ltd
(TSXV: ARN)

-5.0%

0.285

0.29

50 DMA

Pinetree Capital Ltd
(TSX: PNP)

11.6%

0.53

0.50

Orca Gold Inc
(TSXV: ORG)

-9.1%

0.45

0.47

PNI Digital Media Inc
(TSX: PN)

10.0%

1.43

1.32

CGX Energy Inc
(TSXV: OYL)

-8.9%

0.205

0.22

Empire Industries Ltd/Canada
(TSXV: EIL)

9.5%

0.12

0.11

Forsys Metals Corp
(TSX: FSY)

-7.4%

0.5

0.53

Taipan Resources Inc
(TSXV: TPN)

5.1%

0.41

0.39

Arcan Resources Ltd
(TSXV: ARN)

-5.0%

0.285

0.29

Novagold Resources Inc
(TSX: NG)

5.0%

4.17

4.02

Cortex Business Solutions Inc
(TSXV: CBX)

-4.2%

0.115

0.12

200 DMA

Donnycreek Energy Inc
(TSXV: DCK)

13.3%

2.22

2.14

Orca Gold Inc
(TSXV: ORG)

-9.1%

0.45

0.45

Kirkland Lake Gold Inc
(TSX: KGI)

6.0%

3.54

3.53

Aldridge Minerals Inc
(TSXV: AGM)

-8.3%

0.22

0.22

Bengal Energy Ltd
(TSX: BNG)

5.5%

0.58

0.57

Patient Home Monitoring Corp
(TSXV: PHM)

-4.1%

0.235

0.24

Asanko Gold Inc
(TSX: AKG)

4.3%

2.40

2.37

Africa Hydrocarbons Inc
(TSXV: NFK)

-3.7%

0.13

0.13

Premier Gold Mines Ltd
(TSX: PG)

3.5%

2.05

2.04

AGF Management Ltd
(TSX: AGF/B)

-2.5%

12.51

12.60

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Terra Tech Corp
(OTC BB: TRTC)

16.5%

0.93

0.91

US Energy Corp Wyoming
(NASDAQ: USEG)

-3.4%

4.27

4.40

La Jolla Pharmaceutical Co
(OTC BB: LJPC)

12.2%

11.52

11.31

Hooper Holmes Inc
(NYSE: HH)

-3.3%

0.59

0.59

Quicksilver Resources Inc
(NYSE: KWK)

10.2%

2.93

2.79

Pain Therapeutics Inc
(NASDAQ: PTIE)

-3.2%

5.43

5.55

US Ecology Inc
(NASDAQ: ECOL)

7.7%

38.49

37.28

Identive Group Inc
(NASDAQ: INVE)

-3.1%

0.935

0.95

Alpha Natural Resources Inc
(NYSE: ANR)

7.3%

4.88

4.65

CatchMark Timber Trust Inc
(NYSE: CTT)

-3.1%

13.32

13.56

50 DMA

Catalyst Pharmaceutical Partners Inc
(NASDAQ: CPRX)

7.8%

2.22

2.12

Regado Biosciences Inc
(NASDAQ: RGDO)

-12.5%

7.96

8.80

US Ecology Inc
(NASDAQ: ECOL)

7.7%

38.49

36.42

MEI Pharma Inc
(NASDAQ: MEIP)

-7.3%

9.27

9.46

TeleCommunication Systems Inc
(NASDAQ: TSYS)

7.2%

2.38

2.24

Synchronoss Technologies Inc
(NASDAQ: SNCR)

-4.7%

31.73

32.67

Pozen Inc
(NASDAQ: POZN)

6.6%

8.52

8.12

PetroLogistics LP
(NYSE: PDH)

-4.1%

12.08

12.31

Zhone Technologies Inc
(NASDAQ: ZHNE)

5.9%

4.29

4.12

Zygo Corp
(NASDAQ: ZIGO)

-3.8%

14.75

15.07

200 DMA

Harvest Natural Resources Inc
(NYSE: HNR)

6.7%

4.49

4.40

Sorrento Therapeutics Inc
(NASDAQ: SRNE)

-16.5%

8.92

9.25

SemiLEDs Corp/Taiwan
(NASDAQ: LEDS)

6.4%

1.17

1.17

Rovi Corp
(NASDAQ: ROVI)

-11.9%

20.5

20.51

InterXion Holding NV
(NYSE: INXN)

5.2%

24.86

23.89

Nordic American Tankers Ltd
(NYSE: NAT)

-10.1%

8.5

9.05

EXCO Resources Inc
(NYSE: XCO)

4.4%

6.21

6.20

Pacific Biosciences of California Inc
(NASDAQ: PACB)

-5.6%

4.57

4.72

Cirrus Logic Inc
(NASDAQ: CRUS)

4.4%

20.56

20.36

China Sunergy Co Ltd
(NASDAQ: CSUN)

-5.2%

4.78

4.88

Related articles

Recent articles