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 |
11.8% |
0.57 |
0.54 |
Colt Resources Inc |
-12.5% |
0.28 |
0.31 |
Trimel Pharmaceuticals Corp |
9.2% |
0.48 |
0.44 |
Canadian Zinc Corp |
-9.8% |
0.415 |
0.42 |
|
Tomagold Corp |
9.1% |
0.12 |
0.11 |
New Zealand Energy Corp |
-8.1% |
0.285 |
0.29 |
|
ISIS Lab Corp |
9.1% |
0.30 |
0.28 |
Caledonia Mining Corp |
-7.6% |
0.73 |
0.75 |
|
IC Potash Corp |
8.0% |
0.27 |
0.26 |
Zecotek Photonics Inc |
-7.6% |
0.73 |
0.77 |
|
50 DMA |
Colorado Resources Ltd |
36.6% |
0.28 |
0.22 |
Kirkland Lake Gold Inc |
-13.3% |
2.6 |
2.96 |
Macarthur Minerals Ltd |
20.0% |
0.18 |
0.15 |
MagIndustries Corp |
-11.1% |
0.2 |
0.22 |
|
ViXS Systems Inc |
12.7% |
3.65 |
3.28 |
Canadian Zinc Corp |
-9.8% |
0.415 |
0.43 |
|
Banro Corp |
12.1% |
0.74 |
0.70 |
Caledonia Mining Corp |
-7.6% |
0.73 |
0.77 |
|
Adriana Resources Inc |
10.8% |
0.21 |
0.19 |
Roxgold Inc |
-7.5% |
0.49 |
0.49 |
|
200 DMA |
Perpetual Energy Inc |
5.5% |
1.15 |
1.11 |
Colt Resources Inc |
-12.5% |
0.28 |
0.28 |
Levon Resources Ltd |
5.3% |
0.30 |
0.29 |
Roxgold Inc |
-7.5% |
0.49 |
0.52 |
|
McEwen Mining – Minera Andes Acquisition Corp (TSX: MAQ) |
4.1% |
2.29 |
2.27 |
Metanor Resources Inc |
-7.1% |
0.13 |
0.14 |
|
Dynasty Metals & Mining Inc |
3.5% |
0.89 |
0.89 |
Med BioGene Inc |
-4.3% |
0.11 |
0.11 |
|
Hemisphere Energy Corp |
1.9% |
0.53 |
0.52 |
Graphite One Resources Inc |
-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 |
393.8% |
3.21 |
0.71 |
Turkish Investment Fund Inc |
-21.1% |
11.2 |
11.64 |
El Capitan Precious Metals Inc |
16.0% |
0.16 |
0.14 |
Brightcove Inc |
-20.5% |
11.59 |
13.81 |
|
Oxygen Biotherapeutics Inc |
15.5% |
5.50 |
5.31 |
Senesco Technologies Inc |
-11.5% |
4.7 |
4.89 |
|
Recon Technology Ltd |
13.6% |
3.60 |
3.46 |
Affymetrix Inc |
-7.6% |
7.9 |
8.35 |
|
CombiMatrix Corp |
11.8% |
2.84 |
2.59 |
Tengasco Inc |
-6.7% |
0.392 |
0.41 |
|
50 DMA |
Verso Paper Corp |
393.8% |
3.21 |
0.70 |
Turkish Investment Fund Inc |
-21.1% |
11.2 |
11.94 |
Identive Group Inc |
17.1% |
0.69 |
0.62 |
Brightcove Inc |
-20.5% |
11.59 |
14.35 |
|
Oxygen Biotherapeutics Inc |
15.5% |
5.50 |
5.20 |
Senesco Technologies Inc |
-11.5% |
4.7 |
4.86 |
|
CombiMatrix Corp |
11.8% |
2.84 |
2.58 |
Pernix Therapeutics Holdings |
-7.9% |
2.22 |
2.37 |
|
Ocean Power Technologies Inc |
11.3% |
2.26 |
2.05 |
Affymetrix Inc |
-7.6% |
7.9 |
8.04 |
|
200 DMA |
Verso Paper Corp |
393.8% |
3.21 |
0.93 |
Turkish Investment Fund Inc |
-21.1% |
11.20 |
12.56 |
Superconductor Technologies Inc |
38.7% |
3.12 |
2.53 |
Strata Oil & Gas Inc |
-15.3% |
0.15 |
0.17 |
|
Brainstorm Cell Therapeutics Inc |
21.7% |
0.22 |
0.20 |
Eagle Bulk Shipping Inc |
-7.1% |
4.03 |
4.30 |
|
El Capitan Precious Metals Inc |
16.0% |
0.16 |
0.15 |
Aegerion Pharmaceuticals Inc |
-6.8% |
68.59 |
70.62 |
|
Mast Therapeutics Inc |
14.9% |
0.57 |
0.52 |
Magnachip Semiconductor Corp |
-6.0% |
18.12 |
18.98 |