In the Canadian markets, Avcorp Industries Inc (TSX: AVP) gained 35% Thursday, piercing the long term 200 DMA (Daily Moving Average) of C$0.10. Kaminak Gold Corp (TSXV: KAM), Lightstream Resources Ltd (TSX: LTS), Penn West Petroleum Ltd (TSX: PWT), and MGM Energy Corp (TSX: MGX) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Orezone Gold Corp (TSX: ORE), Corsa Coal Corp (TSXV: CSO), Caledonia Mining Corp (TSX: CAL), Rio Alto Mining Ltd (TSX: RIO), and Metanor Resources Inc (TSXV: MTO).
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Avcorp Industries Inc (TSX: AVP) – Technical Chart |
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In the U.S. markets, Liquidmetal Technologies Inc (OTC BB: LQMT), Nelnet Inc (NYSE: NNI), Global Eagle Entertainment Inc (NASDAQ: ENT), Compugen Ltd (NASDAQ: CGEN), and Uranium Resources Inc (NASDAQ: URRE) witnessed strong price gains and breakouts above their 200 DMAs Thursday. Chemtura Corp (NYSE: CHMT), CryoPort Inc (OTC BB: CYRX), Rockwell Medical Inc (NASDAQ: RMTI), Fairchild Semiconductor International Inc (NASDAQ: FCS), and Nova Lifestyle Inc (NASDAQ: NVFY) witnessed price declines and fell below their 200 DMAs Thursday.
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Breakouts – Canada |
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|
DMA |
Bullish |
Bearish |
||||||
|
Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
|
|
30 DMA |
Palliser Oil & Gas Corp |
35.3% |
0.23 |
0.20 |
Western Lithium USA Corp |
-10.0% |
0.63 |
0.68 |
|
Jagercor Energy Corp |
24.0% |
0.31 |
0.28 |
Titan Logix Corp |
-9.7% |
1.31 |
1.44 |
|
|
Gourmet Ocean Products Inc |
18.8% |
0.19 |
0.18 |
Titan Medical Inc |
-4.4% |
2.16 |
2.26 |
|
|
BNK Petroleum Inc |
13.3% |
2.30 |
2.07 |
Sunridge Gold Corp |
-3.7% |
0.26 |
0.26 |
|
|
LeoNovus Inc |
9.5% |
0.46 |
0.45 |
Argex Titanium Inc |
-3.4% |
0.86 |
0.88 |
|
|
50 DMA |
Palliser Oil & Gas Corp |
35.3% |
0.23 |
0.23 |
Avrupa Minerals Ltd |
-10.0% |
0.18 |
0.19 |
|
Jagercor Energy Corp |
24.0% |
0.31 |
0.27 |
Caledonia Mining Corp |
-7.1% |
0.78 |
0.81 |
|
|
Spectra7 Microsystems Inc |
23.1% |
0.48 |
0.42 |
Romarco Minerals Inc |
-4.1% |
0.7 |
0.73 |
|
|
Mega Uranium Ltd |
10.9% |
0.26 |
0.24 |
Sunridge Gold Corp |
-3.7% |
0.26 |
0.27 |
|
|
LeoNovus Inc |
9.5% |
0.46 |
0.46 |
Detour Gold Corp |
-2.8% |
10.04 |
10.09 |
|
|
200 DMA |
Avcorp Industries Inc |
35.3% |
0.12 |
0.10 |
Orezone Gold Corp |
-7.5% |
0.49 |
0.51 |
|
Kaminak Gold Corp |
6.6% |
0.81 |
0.76 |
Corsa Coal Corp |
-7.1% |
0.13 |
0.14 |
|
|
Lightstream Resources Ltd |
4.5% |
6.77 |
6.61 |
Caledonia Mining Corp |
-7.1% |
0.78 |
0.80 |
|
|
Penn West Petroleum Ltd |
3.5% |
10.32 |
10.28 |
Rio Alto Mining Ltd |
-4.2% |
2.06 |
2.12 |
|
|
MGM Energy Corp |
2.8% |
0.19 |
0.18 |
Metanor Resources Inc |
-3.1% |
0.155 |
0.16 |
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Breakouts – U.S. |
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|
DMA |
Bullish |
Bearish |
||||||
|
Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
|
|
30 DMA |
Sears Holdings Corp |
14.1% |
38.33 |
37.38 |
Zalicus Inc |
-10.4% |
1.21 |
1.27 |
|
support.com Inc |
11.5% |
2.61 |
2.57 |
MagneGas Corp |
-5.6% |
1.36 |
1.41 |
|
|
Nelnet Inc |
11.0% |
43.64 |
41.53 |
Verso Paper Corp |
-5.4% |
2.46 |
2.59 |
|
|
ScripsAmerica Inc |
8.9% |
0.11 |
0.11 |
Chuy’s Holdings Inc |
-5.1% |
38.3 |
40.11 |
|
|
Knoll Inc |
8.7% |
18.28 |
17.14 |
People’s United Financial Inc |
-2.6% |
14.54 |
14.69 |
|
|
50 DMA |
Digital Power Corp/United States |
34.7% |
1.28 |
1.22 |
Houston American Energy Corp |
-9.8% |
0.46 |
0.49 |
|
Sears Holdings Corp |
14.1% |
38.33 |
35.73 |
Chemtura Corp |
-8.1% |
23.16 |
25.19 |
|
|
support.com Inc |
11.5% |
2.61 |
2.59 |
OXiGENE Inc |
-6.0% |
2.8 |
2.93 |
|
|
Nelnet Inc |
11.0% |
43.64 |
39.92 |
Calavo Growers Inc |
-5.6% |
32.42 |
32.82 |
|
|
PowerSecure International Inc |
8.2% |
23.20 |
22.56 |
Verso Paper Corp |
-5.4% |
2.46 |
2.59 |
|
|
200 DMA |
Liquidmetal Technologies Inc |
13.1% |
0.20 |
0.19 |
Chemtura Corp |
-8.1% |
23.16 |
24.44 |
|
Nelnet Inc |
11.0% |
43.64 |
40.16 |
CryoPort Inc |
-7.4% |
0.39 |
0.41 |
|
|
Global Eagle Entertainment Inc |
6.7% |
13.18 |
12.93 |
Rockwell Medical Inc |
-6.7% |
9.99 |
10.29 |
|
|
Compugen Ltd |
5.9% |
9.71 |
9.58 |
Fairchild Semiconductor International Inc (NASDAQ: FCS) |
-4.6% |
12.9 |
13.12 |
|
|
Uranium Resources Inc |
5.7% |
2.98 |
2.98 |
Nova Lifestyle Inc |
-3.5% |
5.01 |
5.18 |
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