In the Canadian markets, Edge Resources Inc (TSXV: EDE) gained 16% Wednesday, piercing the long term 200 DMA (Daily Moving Average) of C$0.13. IBI Group Inc (TSX: IBG), Patient Home Monitoring Corp (TSXV: PHM), Turquoise Hill Resources Ltd (TSX: TRQ), and Northern Graphite Corp (TSXV: NGC) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Cynapsus Therapeutics Inc (TSXV: CTH), Barisan Gold Corp (TSXV: BG), Magor Corp (TSXV: MCC), Calvalley Petroleums Inc (TSX: CVI/A), and Brookfield Property Partners LP (TSX: BPY-U).
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Edge Resources Inc (TSXV: EDE) – Technical Chart |
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In the U.S. markets, Health Insurance Innovations Inc (NASDAQ: HIIQ), Radisys Corp (NASDAQ: RSYS), TeleCommunication Systems Inc (NASDAQ: TSYS), Rovi Corp (NASDAQ: ROVI), and AcelRx Pharmaceuticals Inc (NASDAQ: ACRX) witnessed strong price gains and breakouts above their 200 DMAs Wednesday. Armco Metals Holdings Inc (NYSE: AMCO), Eagle Bulk Shipping Inc (NASDAQ: EGLE), Aviv REIT Inc (NYSE: AVIV), Sturm Ruger & Co Inc (NYSE: RGR), and Newcastle Investment Corp (NYSE: NCT) witnessed price declines and fell below their 200 DMAs Wednesday.
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Breakouts – Canada |
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DMA |
Bullish |
Bearish |
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Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
|
|
30 DMA |
Largo Resources Ltd |
7.4% |
0.29 |
0.28 |
Spectral Diagnostics Inc |
-12.5% |
0.28 |
0.30 |
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Timmins Gold Corp |
6.8% |
1.58 |
1.55 |
Medallion Resources Ltd |
-11.8% |
0.15 |
0.17 |
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Thompson Creek Metals Co Inc |
4.3% |
2.67 |
2.63 |
Magellan Minerals Ltd |
-11.5% |
0.115 |
0.12 |
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Romarco Minerals Inc |
4.1% |
0.76 |
0.75 |
Valdor Technology International Inc |
-8.3% |
0.11 |
0.12 |
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Northern Graphite Corp |
4.1% |
0.76 |
0.75 |
Western Potash Corp |
-7.3% |
0.51 |
0.54 |
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50 DMA |
Largo Resources Ltd |
7.4% |
0.29 |
0.28 |
Valdor Technology International Inc |
-8.3% |
0.11 |
0.11 |
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Timmins Gold Corp |
6.8% |
1.58 |
1.55 |
Elgin Mining Inc |
-8.0% |
0.23 |
0.24 |
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Turquoise Hill Resources Ltd |
5.4% |
3.91 |
3.87 |
Roxgold Inc |
-4.5% |
0.63 |
0.64 |
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Tekmira Pharmaceuticals Corp |
5.4% |
23.70 |
23.32 |
Xmet Inc |
-3.8% |
0.125 |
0.13 |
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Sunridge Gold Corp |
3.8% |
0.27 |
0.26 |
Brazil Resources Inc |
-2.7% |
1.08 |
1.09 |
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|
200 DMA |
Edge Resources Inc |
16.0% |
0.15 |
0.13 |
Cynapsus Therapeutics Inc |
-23.5% |
0.62 |
0.63 |
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IBI Group Inc |
15.5% |
1.64 |
1.60 |
Barisan Gold Corp |
-3.3% |
0.145 |
0.15 |
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Patient Home Monitoring Corp |
6.4% |
0.25 |
0.24 |
Magor Corp |
-1.4% |
0.36 |
0.36 |
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Turquoise Hill Resources Ltd |
5.4% |
3.91 |
3.85 |
Calvalley Petroleums Inc |
-0.6% |
1.62 |
1.62 |
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Northern Graphite Corp |
4.1% |
0.76 |
0.74 |
Brookfield Property Partners LP |
-0.6% |
20.78 |
20.85 |
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Breakouts – U.S. |
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DMA |
Bullish |
Bearish |
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Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
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30 DMA |
Health Insurance Innovations Inc |
20.8% |
12.00 |
11.24 |
Alpha Natural Resources Inc |
-6.4% |
4.57 |
4.63 |
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Pixelworks Inc |
15.1% |
6.01 |
5.81 |
Quicksilver Resources Inc |
-5.8% |
2.76 |
2.78 |
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Athlon Energy Inc |
13.1% |
37.94 |
35.93 |
Ashford Hospitality Trust Inc |
-5.5% |
10.58 |
11.07 |
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TetraLogic Pharmaceuticals Corp |
13.1% |
7.69 |
7.67 |
Eagle Bulk Shipping Inc |
-5.4% |
4.34 |
4.45 |
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Cytokinetics Inc |
11.5% |
9.90 |
9.70 |
Terra Tech Corp |
-5.2% |
0.878 |
0.92 |
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50 DMA |
Health Insurance Innovations Inc |
20.8% |
12.00 |
11.33 |
BioTelemetry Inc |
-3.4% |
9.59 |
9.77 |
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THT Heat Transfer Technology Inc |
16.7% |
1.40 |
1.24 |
Aviv REIT Inc |
-3.0% |
24.22 |
24.60 |
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Pixelworks Inc |
15.1% |
6.01 |
5.54 |
Newcastle Investment Corp |
-1.9% |
4.65 |
4.72 |
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Athlon Energy Inc |
13.1% |
37.94 |
34.72 |
First Midwest Bancorp Inc/IL |
-1.7% |
16.51 |
16.74 |
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Cytokinetics Inc |
11.5% |
9.90 |
9.30 |
Atwood Oceanics Inc |
-1.6% |
47.11 |
47.68 |
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200 DMA |
Health Insurance Innovations Inc |
20.8% |
12.00 |
11.34 |
Armco Metals Holdings Inc |
-6.5% |
0.36 |
0.37 |
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Radisys Corp |
12.3% |
3.55 |
3.35 |
Eagle Bulk Shipping Inc |
-5.4% |
4.34 |
4.46 |
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TeleCommunication Systems Inc |
10.1% |
2.62 |
2.42 |
Aviv REIT Inc |
-3.0% |
24.22 |
24.36 |
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Rovi Corp |
9.3% |
22.40 |
20.50 |
Sturm Ruger & Co Inc |
-2.9% |
63.11 |
64.42 |
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AcelRx Pharmaceuticals Inc |
9.2% |
11.32 |
10.45 |
Newcastle Investment Corp |
-1.9% |
4.65 |
4.71 |
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