Technical Breakouts to Watch for April 16, 2014 (TSXV: SKO) (NASDAQ: WAVX)

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In the Canadian markets, Stream Oil & Gas Ltd (TSXV: SKO) gained 19% Tuesday, piercing the long term 200 DMA (Daily Moving Average) of C$0.61. Horn Petroleum Corp (TSXV: HRN), TransGaming Inc (TSXV: TNG), Savanna Energy Services Corp (TSX: SVY), and ShaMaran Petroleum Corp (TSXV: SNM) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Transition Therapeutics Inc (TSX: TTH), Lexam VG Gold Inc (TSX: LEX), Ginguro Exploration Inc (TSXV: GEG), Wanted Technologies Corp (TSXV: WAN), and Arian Resources Corp (TSXV: ARC).

Stream Oil & Gas Ltd (TSXV: SKO) – Technical Chart

Critical Elements Corp (TSXV: CRE)

In the U.S. markets, Wave Systems Corp (NASDAQ: WAVX), FX Energy Inc (NASDAQ: FXEN), China Information Technology Inc (NASDAQ: CNIT), Ubiquiti Networks Inc (NASDAQ: UBNT), and Triangle Petroleum Corp (NYSE: TPLM) witnessed strong price gains and breakouts above their 200 DMAs Tuesday. Comverse Inc (NASDAQ: CNSI), Nova Lifestyle Inc (NASDAQ: NVFY), Vasomedical Inc (OTC BB: VASO), Silver Bull Resources Inc (NYSE: SVBL), and ERBA Diagnostics Inc (NYSE: ERB) 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

Stream Oil & Gas Ltd
(TSXV: SKO)

18.5%

0.64

0.56

SoMedia Networks Inc
(TSXV: VID)

-15.4%

0.33

0.34

Galway Metals Inc
(TSXV: GWM)

14.3%

0.16

0.14

Canamex Resources Corp
(TSXV: CSQ)

-11.5%

0.115

0.12

Ceiba Energy Services Inc
(TSXV: CEB)

12.5%

0.54

0.49

St Andrew Goldfields Ltd
(TSX: SAS)

-8.3%

0.33

0.35

Pinecrest Energy Inc
(TSXV: PRY)

8.8%

0.19

0.18

Gemini Corp
(TSXV: GKX)

-8.1%

0.91

0.92

Globex Mining Enterprises Inc
(TSX: GMX)

8.5%

0.32

0.31

Excelsior Mining Corp
(TSXV: MIN)

-7.7%

0.3

0.31

50 DMA

Stream Oil & Gas Ltd
(TSXV: SKO)

18.5%

0.64

0.57

Transition Therapeutics Inc
(TSX: TTH)

-31.1%

5.51

7.96

Horn Petroleum Corp
(TSXV: HRN)

10.6%

0.26

0.24

Canamex Resources Corp
(TSXV: CSQ)

-11.5%

0.115

0.12

Globex Mining Enterprises Inc
(TSX: GMX)

8.5%

0.32

0.31

Ucore Rare Metals Inc
(TSXV: UCU)

-11.4%

0.35

0.38

MGM Energy Corp
(TSX: MGX)

5.9%

0.18

0.17

St Andrew Goldfields Ltd
(TSX: SAS)

-8.3%

0.33

0.35

DIRTT Environmental Solutions
(TSX: DRT)

5.9%

3.25

3.10

Taipan Resources Inc
(TSXV: TPN)

-7.1%

0.39

0.41

200 DMA

Stream Oil & Gas Ltd
(TSXV: SKO)

18.5%

0.64

0.61

Transition Therapeutics Inc
(TSX: TTH)

-31.1%

5.51

5.72

Horn Petroleum Corp
(TSXV: HRN)

10.6%

0.26

0.24

Lexam VG Gold Inc
(TSX: LEX)

-12.0%

0.11

0.12

TransGaming Inc
(TSXV: TNG)

3.0%

0.17

0.17

Ginguro Exploration Inc
(TSXV: GEG)

-11.1%

0.16

0.17

Savanna Energy Services Corp
(TSX: SVY)

1.5%

7.81

7.72

Wanted Technologies Corp
(TSXV: WAN)

-6.9%

0.94

0.95

ShaMaran Petroleum Corp
(TSXV: SNM)

1.1%

0.44

0.44

Arian Resources Corp
(TSXV: ARC)

-6.7%

0.14

0.15

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Single Touch Systems Inc
(OTC BB: SITO)

25.0%

0.45

0.42

All Marketing Solutions Inc
(OTC BB: PTPF)

-14.5%

0.47

0.55

FX Energy Inc
(NASDAQ: FXEN)

19.1%

3.86

3.54

General Steel Holdings Inc
(NYSE: GSI)

-12.1%

1.16

1.29

China Information Technology Inc
(NASDAQ: CNIT)

18.9%

5.23

4.99

Silver Bull Resources Inc
(NYSE: SVBL)

-8.9%

0.328

0.36

General Moly Inc
(NYSE: GMO)

10.2%

1.08

1.03

Agios Pharmaceuticals Inc
(NASDAQ: AGIO)

-8.9%

40

41.28

EnerNOC Inc
(NASDAQ: ENOC)

8.6%

21.92

20.97

Exceed Co Ltd
(NASDAQ: EDS)

-6.3%

1.65

1.73

50 DMA

FX Energy Inc
(NASDAQ: FXEN)

19.1%

3.86

3.54

ChinaNet Online Holdings Inc
(NASDAQ: CNET)

-16.9%

1.33

1.48

China Information Technology Inc
(NASDAQ: CNIT)

18.9%

5.23

5.09

All Marketing Solutions Inc
(OTC BB: PTPF)

-14.5%

0.47

0.55

Conn’s Inc
(NASDAQ: CONN)

14.5%

45.48

40.64

mCig Inc
(OTC BB: MCIG)

-13.1%

0.526

0.58

Highpower International Inc
(NASDAQ: HPJ)

12.8%

4.75

4.50

General Steel Holdings Inc
(NYSE: GSI)

-12.1%

1.16

1.21

EnerNOC Inc
(NASDAQ: ENOC)

8.6%

21.92

21.27

Oramed Pharmaceuticals Inc
(NASDAQ: ORMP)

-11.1%

12.28

13.36

200 DMA

Wave Systems Corp
(NASDAQ: WAVX)

38.6%

1.40

1.15

Comverse Inc
(NASDAQ: CNSI)

-19.0%

27.52

33.60

FX Energy Inc
(NASDAQ: FXEN)

19.1%

3.86

3.47

Nova Lifestyle Inc
(NASDAQ: NVFY)

-18.9%

4.97

5.17

China Information Technology Inc
(NASDAQ: CNIT)

18.9%

5.23

4.83

Vasomedical Inc
(OTC BB: VASO)

-11.8%

0.3

0.30

Ubiquiti Networks Inc
(NASDAQ: UBNT)

6.0%

38.46

37.82

Silver Bull Resources Inc
(NYSE: SVBL)

-8.9%

0.328

0.36

Triangle Petroleum Corp
(NYSE: TPLM)

5.5%

8.82

8.65

ERBA Diagnostics Inc
(NYSE: ERB)

-8.1%

1.92

1.94

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