Technical Breakouts to Watch for January 07, 2014 (TSX: PMT) (NYSE: VRS)

Published:

In the Canadian markets, Perpetual Energy Inc (TSX: PMT) gained 6% Monday,
piercing the long term 200 DMA (Daily Moving Average) of C$1.11. Levon
Resources Ltd (TSX: LVN), McEwen Mining – Minera Andes Acquisition Corp
(TSX: MAQ), Dynasty Metals & Mining Inc (TSX: DMM), and Hemisphere
Energy Corp (TSXV: HME) were the other stocks breaching the 200 DMA to
the upside with strong price momentum. Negative breakouts were seen in
Colt Resources Inc (TSXV: GTP), Roxgold Inc (TSXV: ROG), Metanor Resources
Inc (TSXV: MTO), Med BioGene Inc (TSXV: MBI), and Graphite One Resources
Inc (TSXV: GPH).

Perpetual Energy Inc (TSX: PMT) – Technical Chart

In the U.S. markets, Verso Paper Corp (NYSE: VRS), Superconductor Technologies
Inc (NASDAQ: SCON), Brainstorm Cell Therapeutics Inc (OTC BB: BCLI), El
Capitan Precious Metals Inc (OTC BB: ECPN), and Mast Therapeutics Inc (NYSE:
MSTX) witnessed strong price gains and breakouts above their 200 DMAs Monday.
Turkish Investment Fund Inc (NYSE: TKF), Strata Oil & Gas Inc (OTC
BB: SOIGF), Eagle Bulk Shipping Inc (NASDAQ: EGLE), Aegerion Pharmaceuticals
Inc (NASDAQ: AEGR), and Magnachip Semiconductor Corp (NYSE: MX) witnessed
price declines and fell below their 200 DMAs Monday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

POET Technologies Inc

(TSXV: PTK)

11.8%

0.57

0.54

Colt Resources Inc

(TSXV: GTP)

-12.5%

0.28

0.31

Trimel Pharmaceuticals Corp

(TSX: TRL)

9.2%

0.48

0.44

Canadian Zinc Corp

(TSX: CZN)

-9.8%

0.415

0.42

Tomagold Corp

(TSXV: LOT)

9.1%

0.12

0.11

New Zealand Energy Corp

(TSXV: NZ)

-8.1%

0.285

0.29

ISIS Lab Corp

(TSXV: LAB)

9.1%

0.30

0.28

Caledonia Mining Corp

(TSX: CAL)

-7.6%

0.73

0.75

IC Potash Corp

(TSX: ICP)

8.0%

0.27

0.26

Zecotek Photonics Inc

(TSXV: ZMS)

-7.6%

0.73

0.77

50 DMA

Colorado Resources Ltd

(TSXV: CXO)

36.6%

0.28

0.22

Kirkland Lake Gold Inc

(TSX: KGI)

-13.3%

2.6

2.96

Macarthur Minerals Ltd

(TSX: MMS)

20.0%

0.18

0.15

MagIndustries Corp

(TSX: MAA)

-11.1%

0.2

0.22

ViXS Systems Inc

(TSX: VXS)

12.7%

3.65

3.28

Canadian Zinc Corp

(TSX: CZN)

-9.8%

0.415

0.43

Banro Corp

(TSX: BAA)

12.1%

0.74

0.70

Caledonia Mining Corp

(TSX: CAL)

-7.6%

0.73

0.77

Adriana Resources Inc

(TSXV: ADI)

10.8%

0.21

0.19

Roxgold Inc

(TSXV: ROG)

-7.5%

0.49

0.49

200 DMA

Perpetual Energy Inc

(TSX: PMT)

5.5%

1.15

1.11

Colt Resources Inc

(TSXV: GTP)

-12.5%

0.28

0.28

Levon Resources Ltd

(TSX: LVN)

5.3%

0.30

0.29

Roxgold Inc

(TSXV: ROG)

-7.5%

0.49

0.52

McEwen Mining – Minera Andes Acquisition Corp (TSX: MAQ)

4.1%

2.29

2.27

Metanor Resources Inc

(TSXV: MTO)

-7.1%

0.13

0.14

Dynasty Metals & Mining Inc

(TSX: DMM)

3.5%

0.89

0.89

Med BioGene Inc

(TSXV: MBI)

-4.3%

0.11

0.11

Hemisphere Energy Corp

(TSXV: HME)

1.9%

0.53

0.52

Graphite One Resources Inc

(TSXV: GPH)

-3.2%

0.15

0.15

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Verso Paper Corp

(NYSE: VRS)

393.8%

3.21

0.71

Turkish Investment Fund Inc

(NYSE: TKF)

-21.1%

11.2

11.64

El Capitan Precious Metals Inc

(OTC BB: ECPN)

16.0%

0.16

0.14

Brightcove Inc

(NASDAQ: BCOV)

-20.5%

11.59

13.81

Oxygen Biotherapeutics Inc

(NASDAQ: OXBT)

15.5%

5.50

5.31

Senesco Technologies Inc

(OTC BB: SNTI)

-11.5%

4.7

4.89

Recon Technology Ltd

(NASDAQ: RCON)

13.6%

3.60

3.46

Affymetrix Inc

(NASDAQ: AFFX)

-7.6%

7.9

8.35

CombiMatrix Corp

(NASDAQ: CBMX)

11.8%

2.84

2.59

Tengasco Inc

(NYSE: TGC)

-6.7%

0.392

0.41

50 DMA

Verso Paper Corp

(NYSE: VRS)

393.8%

3.21

0.70

Turkish Investment Fund Inc

(NYSE: TKF)

-21.1%

11.2

11.94

Identive Group Inc

(NASDAQ: INVE)

17.1%

0.69

0.62

Brightcove Inc

(NASDAQ: BCOV)

-20.5%

11.59

14.35

Oxygen Biotherapeutics Inc

(NASDAQ: OXBT)

15.5%

5.50

5.20

Senesco Technologies Inc

(OTC BB: SNTI)

-11.5%

4.7

4.86

CombiMatrix Corp

(NASDAQ: CBMX)

11.8%

2.84

2.58

Pernix Therapeutics Holdings

(NASDAQ: PTX)

-7.9%

2.22

2.37

Ocean Power Technologies Inc

(NASDAQ: OPTT)

11.3%

2.26

2.05

Affymetrix Inc

(NASDAQ: AFFX)

-7.6%

7.9

8.04

200 DMA

Verso Paper Corp

(NYSE: VRS)

393.8%

3.21

0.93

Turkish Investment Fund Inc

(NYSE: TKF)

-21.1%

11.20

12.56

Superconductor Technologies Inc

(NASDAQ: SCON)

38.7%

3.12

2.53

Strata Oil & Gas Inc

(OTC BB: SOIGF)

-15.3%

0.15

0.17

Brainstorm Cell Therapeutics Inc

(OTC BB: BCLI)

21.7%

0.22

0.20

Eagle Bulk Shipping Inc

(NASDAQ: EGLE)

-7.1%

4.03

4.30

El Capitan Precious Metals Inc

(OTC BB: ECPN)

16.0%

0.16

0.15

Aegerion Pharmaceuticals Inc

(NASDAQ: AEGR)

-6.8%

68.59

70.62

Mast Therapeutics Inc

(NYSE: MSTX)

14.9%

0.57

0.52

Magnachip Semiconductor Corp

(NYSE: MX)

-6.0%

18.12

18.98

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