Technical Breakouts to Watch for April 21, 2014 (TSX: AVP) (OTC BB: LQMT)

Published:

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).

Avcorp Industries Inc (TSX: AVP) – Technical Chart

Avcorp Industries Inc (TSX: AVP)

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.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Palliser Oil & Gas Corp
(TSXV: PXL)

35.3%

0.23

0.20

Western Lithium USA Corp
(TSX: WLC)

-10.0%

0.63

0.68

Jagercor Energy Corp
(CNSX: JEM)

24.0%

0.31

0.28

Titan Logix Corp
(TSXV: TLA)

-9.7%

1.31

1.44

Gourmet Ocean Products Inc
(TSXV: GOP)

18.8%

0.19

0.18

Titan Medical Inc
(TSXV: TMD)

-4.4%

2.16

2.26

BNK Petroleum Inc
(TSX: BKX)

13.3%

2.30

2.07

Sunridge Gold Corp
(TSXV: SGC)

-3.7%

0.26

0.26

LeoNovus Inc
(TSXV: LTV)

9.5%

0.46

0.45

Argex Titanium Inc
(TSX: RGX)

-3.4%

0.86

0.88

50 DMA

Palliser Oil & Gas Corp
(TSXV: PXL)

35.3%

0.23

0.23

Avrupa Minerals Ltd
(TSXV: AVU)

-10.0%

0.18

0.19

Jagercor Energy Corp
(CNSX: JEM)

24.0%

0.31

0.27

Caledonia Mining Corp
(TSX: CAL)

-7.1%

0.78

0.81

Spectra7 Microsystems Inc
(TSXV: SEV)

23.1%

0.48

0.42

Romarco Minerals Inc
(TSX: R)

-4.1%

0.7

0.73

Mega Uranium Ltd
(TSX: MGA)

10.9%

0.26

0.24

Sunridge Gold Corp
(TSXV: SGC)

-3.7%

0.26

0.27

LeoNovus Inc
(TSXV: LTV)

9.5%

0.46

0.46

Detour Gold Corp
(TSX: DGC)

-2.8%

10.04

10.09

200 DMA

Avcorp Industries Inc
(TSX: AVP)

35.3%

0.12

0.10

Orezone Gold Corp
(TSX: ORE)

-7.5%

0.49

0.51

Kaminak Gold Corp
(TSXV: KAM)

6.6%

0.81

0.76

Corsa Coal Corp
(TSXV: CSO)

-7.1%

0.13

0.14

Lightstream Resources Ltd
(TSX: LTS)

4.5%

6.77

6.61

Caledonia Mining Corp
(TSX: CAL)

-7.1%

0.78

0.80

Penn West Petroleum Ltd
(TSX: PWT)

3.5%

10.32

10.28

Rio Alto Mining Ltd
(TSX: RIO)

-4.2%

2.06

2.12

MGM Energy Corp
(TSX: MGX)

2.8%

0.19

0.18

Metanor Resources Inc
(TSXV: MTO)

-3.1%

0.155

0.16

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Sears Holdings Corp
(NASDAQ: SHLD)

14.1%

38.33

37.38

Zalicus Inc
(NASDAQ: ZLCS)

-10.4%

1.21

1.27

support.com Inc
(NASDAQ: SPRT)

11.5%

2.61

2.57

MagneGas Corp
(NASDAQ: MNGA)

-5.6%

1.36

1.41

Nelnet Inc
(NYSE: NNI)

11.0%

43.64

41.53

Verso Paper Corp
(NYSE: VRS)

-5.4%

2.46

2.59

ScripsAmerica Inc
(OTC BB: SCRC)

8.9%

0.11

0.11

Chuy’s Holdings Inc
(NASDAQ: CHUY)

-5.1%

38.3

40.11

Knoll Inc
(NYSE: KNL)

8.7%

18.28

17.14

People’s United Financial Inc
(NASDAQ: PBCT)

-2.6%

14.54

14.69

50 DMA

Digital Power Corp/United States
(NYSE: DPW)

34.7%

1.28

1.22

Houston American Energy Corp
(NYSE: HUSA)

-9.8%

0.46

0.49

Sears Holdings Corp
(NASDAQ: SHLD)

14.1%

38.33

35.73

Chemtura Corp
(NYSE: CHMT)

-8.1%

23.16

25.19

support.com Inc
(NASDAQ: SPRT)

11.5%

2.61

2.59

OXiGENE Inc
(NASDAQ: OXGN)

-6.0%

2.8

2.93

Nelnet Inc
(NYSE: NNI)

11.0%

43.64

39.92

Calavo Growers Inc
(NASDAQ: CVGW)

-5.6%

32.42

32.82

PowerSecure International Inc
(NYSE: POWR)

8.2%

23.20

22.56

Verso Paper Corp
(NYSE: VRS)

-5.4%

2.46

2.59

200 DMA

Liquidmetal Technologies Inc
(OTC BB: LQMT)

13.1%

0.20

0.19

Chemtura Corp
(NYSE: CHMT)

-8.1%

23.16

24.44

Nelnet Inc
(NYSE: NNI)

11.0%

43.64

40.16

CryoPort Inc
(OTC BB: CYRX)

-7.4%

0.39

0.41

Global Eagle Entertainment Inc
(NASDAQ: ENT)

6.7%

13.18

12.93

Rockwell Medical Inc
(NASDAQ: RMTI)

-6.7%

9.99

10.29

Compugen Ltd
(NASDAQ: CGEN)

5.9%

9.71

9.58

Fairchild Semiconductor International Inc (NASDAQ: FCS)

-4.6%

12.9

13.12

Uranium Resources Inc
(NASDAQ: URRE)

5.7%

2.98

2.98

Nova Lifestyle Inc
(NASDAQ: NVFY)

-3.5%

5.01

5.18

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