In the Canadian markets, Emperor Oil Ltd (TSXV: EM) gained 38% Thursday,
piercing the long term 200 DMA (Daily Moving Average) of C$0.10. Kombat
Copper Inc (TSXV: KBT), Sandspring Resources Ltd (TSXV: SSP), Lexam VG
Gold Inc (TSX: LEX), and ICO Therapeutics Inc (TSXV: ICO) were the other
stocks breaching the 200 DMA to the upside with strong price momentum.
Negative breakouts were seen in Symbility Solutions Inc (TSXV: SY), South
American Silver Corp (TSX: SAC), Noront Resources Ltd (TSXV: NOT), Bonavista
Energy Corp (TSX: BNP), and NuVista Energy Ltd (TSX: NVA).
|
Emperor Oil Ltd (TSXV: EM) – Technical Chart |
|
In the U.S. markets, China Natural Resources Inc (NASDAQ: CHNR), Hanwha
SolarOne Co Ltd (NASDAQ: HSOL), EntreMed Inc (NASDAQ: ENMD), Molycorp Inc
(NYSE: MCP), and Verastem Inc (NASDAQ: VSTM) witnessed strong price gains
and breakouts above their 200 DMAs Thursday. Checkpoint Systems Inc (NYSE:
CKP), Higher One Holdings Inc (NYSE: ONE), Revolution Lighting Technologies
Inc (NASDAQ: RVLT), W&T Offshore Inc (NYSE: WTI), and Resolute Energy
Corp (NYSE: REN) 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 |
Emperor Oil Ltd |
37.5% |
0.11 |
0.09 |
Symbility Solutions Inc |
-27.9% |
0.31 |
0.41 |
|
Sandspring Resources Ltd |
25.6% |
0.27 |
0.22 |
Ecuador Gold and Copper Corp |
-12.0% |
0.11 |
0.11 |
|
|
Ackroo Inc |
24.1% |
0.18 |
0.15 |
Great Quest Metals Ltd |
-7.7% |
0.6 |
0.64 |
|
|
Banro Corp |
21.1% |
0.69 |
0.62 |
Ucore Rare Metals Inc |
-6.4% |
0.22 |
0.22 |
|
|
Lexam VG Gold Inc |
20.0% |
0.12 |
0.10 |
Intertape Polymer Group Inc |
-3.6% |
13.52 |
13.82 |
|
|
50 DMA |
Goldgroup Mining Inc |
50.0% |
0.12 |
0.08 |
Symbility Solutions Inc |
-27.9% |
0.31 |
0.42 |
|
Atna Resources Ltd |
40.9% |
0.16 |
0.12 |
Labrador Iron Mines Holdings Ltd |
-17.7% |
0.255 |
0.26 |
|
|
Emperor Oil Ltd |
37.5% |
0.11 |
0.08 |
Great Quest Metals Ltd |
-7.7% |
0.6 |
0.64 |
|
|
Ackroo Inc |
24.1% |
0.18 |
0.15 |
Zecotek Photonics Inc |
-7.1% |
0.78 |
0.80 |
|
|
Lexam VG Gold Inc |
20.0% |
0.12 |
0.11 |
Ucore Rare Metals Inc |
-6.4% |
0.22 |
0.23 |
|
|
200 DMA |
Emperor Oil Ltd |
37.5% |
0.11 |
0.10 |
Symbility Solutions Inc |
-27.9% |
0.31 |
0.43 |
|
Kombat Copper Inc |
30.0% |
0.13 |
0.12 |
South American Silver Corp |
-16.5% |
0.33 |
0.38 |
|
|
Sandspring Resources Ltd |
25.6% |
0.27 |
0.23 |
Noront Resources Ltd |
-12.5% |
0.245 |
0.26 |
|
|
Lexam VG Gold Inc |
20.0% |
0.12 |
0.11 |
Bonavista Energy Corp |
-1.9% |
13.65 |
13.90 |
|
|
ICO Therapeutics Inc |
10.8% |
0.41 |
0.39 |
NuVista Energy Ltd |
-1.8% |
7.01 |
7.10 |
|
|
Breakouts – U.S. |
||||||||
|
DMA |
Bullish |
Bearish |
||||||
|
Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
|
|
30 DMA |
China Natural Resources Inc |
51.5% |
5.00 |
3.99 |
Cardium Therapeutics Inc |
-7.8% |
0.765 |
0.78 |
|
Golden Minerals Co |
33.5% |
0.63 |
0.49 |
Repligen Corp |
-7.4% |
12.63 |
12.97 |
|
|
Hanwha SolarOne Co Ltd |
18.1% |
3.27 |
3.02 |
NewLead Holdings Ltd |
-7.3% |
1.64 |
1.70 |
|
|
Northwest Biotherapeutics Inc |
15.4% |
4.35 |
4.18 |
RF Micro Devices Inc |
-6.0% |
4.85 |
5.13 |
|
|
ReneSola Ltd |
14.2% |
3.94 |
3.67 |
RIT Technologies Ltd |
-5.7% |
1.6603 |
1.70 |
|
|
50 DMA |
China Natural Resources Inc |
51.5% |
5.00 |
4.28 |
Hii Technologies Inc |
-20.4% |
0.418 |
0.48 |
|
Golden Minerals Co |
33.5% |
0.63 |
0.56 |
Cardium Therapeutics Inc |
-7.8% |
0.765 |
0.77 |
|
|
Yingli Green Energy Holding Co Ltd |
24.4% |
6.28 |
5.62 |
Checkpoint Systems Inc |
-6.7% |
14.71 |
15.12 |
|
|
Biodel Inc |
21.5% |
2.77 |
2.33 |
Higher One Holdings Inc |
-5.6% |
9.21 |
9.45 |
|
|
China Sunergy Co Ltd |
17.6% |
7.09 |
6.70 |
Qlik Technologies Inc |
-5.6% |
25.13 |
25.83 |
|
|
200 DMA |
China Natural Resources Inc |
51.5% |
5.00 |
4.51 |
Checkpoint Systems Inc |
-6.7% |
14.71 |
14.75 |
|
Hanwha SolarOne Co Ltd |
18.1% |
3.27 |
2.82 |
Higher One Holdings Inc |
-5.6% |
9.21 |
9.46 |
|
|
EntreMed Inc |
14.7% |
1.92 |
1.86 |
Revolution Lighting Technologies Inc |
-4.5% |
3.27 |
3.33 |
|
|
Molycorp Inc |
11.9% |
6.29 |
5.94 |
W&T Offshore Inc |
-4.4% |
15.29 |
15.43 |
|
|
Verastem Inc |
9.5% |
12.48 |
11.76 |
Resolute Energy Corp |
-4.4% |
8.63 |
8.88 |
|
