Technical Breakouts to Watch for January 22, 2014 (TSXV: MLY) (NYSE: TLR)

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In the Canadian markets, American Cumo Mining Corp (TSXV: MLY) gained 36% Tuesday, piercing the long term 200 DMA (Daily Moving Average) of C$0.13. Minco Gold Corp (TSX: MMM), Gold Standard Ventures Corp (TSXV: GSV), Energy Fuels Inc/Canada (TSX: EFR), and Lydian International Ltd (TSX: LYD) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Adventure Gold Inc (TSXV: AGE), Gold Canyon Resources Inc (TSXV: GCU), Ginguro Exploration Inc (TSXV: GEG), Yorbeau Resources Inc (TSX: YRB/A), and Claude Resources Inc (TSX: CRJ).

American Cumo Mining Corp (TSXV: MLY) – Technical Chart

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In the U.S. markets, Timberline Resources Corp (NYSE: TLR), TESARO Inc (NASDAQ: TSRO), Novatel Wireless Inc (NASDAQ: NVTL), YRC Worldwide Inc (NASDAQ: YRCW), and Mines Management Inc (NYSE: MGN) witnessed strong price gains and breakouts above their 200 DMAs Tuesday. Ceragon Networks Ltd (NASDAQ: CRNT), Biolase Inc (NASDAQ: BIOL), PetroLogistics LP (NYSE: PDH), Cliffs Natural Resources Inc (NYSE: CLF), and Eagle Bulk Shipping Inc (NASDAQ: EGLE) witnessed price declines and fell below their 200 DMAs Tuesday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Woulfe Mining Corp
(TSXV: WOF)

22.2%

0.11

0.10

Pivot Technology Solutions Inc
(TSXV: PTG)

-16.3%

0.18

0.19

Confederation Minerals Ltd
(TSXV: CFM)

20.0%

0.21

0.19

Argonaut Gold Inc
(TSX: AR)

-8.9%

5.31

5.42

Gold Standard Ventures Corp
(TSXV: GSV)

18.3%

0.84

0.73

CDN Oilfield Solutions Corp
(TSXV: OTS)

-7.7%

0.18

0.18

North American Palladium Ltd
(TSX: PDL)

16.1%

0.72

0.63

RDX Technologies Corp
(TSXV: RDX)

-6.8%

0.205

0.21

True North Gems Inc
(TSXV: TGX)

15.8%

0.11

0.11

Centric Health Corp
(TSX: CHH)

-6.7%

0.35

0.36

50 DMA

Falco Pacific Resource Group I
(TSXV: FPC)

36.6%

0.56

0.41

Pivot Technology Solutions Inc
(TSXV: PTG)

-16.3%

0.18

0.19

Woulfe Mining Corp
(TSXV: WOF)

22.2%

0.11

0.11

Argonaut Gold Inc
(TSX: AR)

-8.9%

5.31

5.43

Confederation Minerals Ltd
(TSXV: CFM)

20.0%

0.21

0.20

Centric Health Corp
(TSX: CHH)

-6.7%

0.35

0.36

Gold Standard Ventures Corp
(TSXV: GSV)

18.3%

0.84

0.77

Africa Hydrocarbons Inc
(TSXV: NFK)

-6.3%

0.15

0.16

True North Gems Inc
(TSXV: TGX)

15.8%

0.11

0.11

Yorbeau Resources Inc
(TSX: YRB/A)

-5.6%

0.17

0.18

200 DMA

American Cumo Mining Corp
(TSXV: MLY)

36.4%

0.15

0.13

Adventure Gold Inc
(TSXV: AGE)

-16.7%

0.15

0.16

Minco Gold Corp
(TSX: MMM)

23.4%

0.29

0.25

Gold Canyon Resources Inc
(TSXV: GCU)

-11.7%

0.265

0.30

Gold Standard Ventures Corp
(TSXV: GSV)

18.3%

0.84

0.74

Ginguro Exploration Inc
(TSXV: GEG)

-6.9%

0.135

0.14

Energy Fuels Inc/Canada
(TSX: EFR)

13.7%

8.74

7.72

Yorbeau Resources Inc
(TSX: YRB/A)

-5.6%

0.17

0.18

Lydian International Ltd
(TSX: LYD)

11.2%

1.19

1.08

Claude Resources Inc
(TSX: CRJ)

-4.2%

0.23

0.23

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Timberline Resources Corp
(NYSE: TLR)

42.8%

0.23

0.17

ZipRealty Inc
(NASDAQ: ZIPR)

-25.5%

4.89

5.69

ImmunoCellular Therapeutics Ltd
(NYSE: IMUC)

32.8%

1.54

1.22

Amarin Corp PLC
(NASDAQ: AMRN)

-23.8%

1.73

1.92

Inteliquent Inc
(NASDAQ: IQNT)

22.9%

12.98

11.31

NanoViricides Inc
(NYSE: NNVC)

-17.5%

4.99

5.12

Geron Corp
(NASDAQ: GERN)

19.4%

5.38

4.88

China BAK Battery Inc
(NASDAQ: CBAK)

-15.8%

1.86

2.20

SemiLEDs Corp/Taiwan
(NASDAQ: LEDS)

16.2%

1.22

1.05

Novabay Pharmaceuticals Inc
(NYSE: NBY)

-12.5%

1.155

1.28

50 DMA

Timberline Resources Corp
(NYSE: TLR)

42.8%

0.23

0.17

ZipRealty Inc
(NASDAQ: ZIPR)

-25.5%

4.89

5.68

Discount Dental Materials Inc
(OTC BB: DDOO)

34.5%

0.32

0.27

Amarin Corp PLC
(NASDAQ: AMRN)

-23.8%

1.73

1.84

Inteliquent Inc
(NASDAQ: IQNT)

22.9%

12.98

11.51

NanoViricides Inc
(NYSE: NNVC)

-17.5%

4.99

5.09

Geron Corp
(NASDAQ: GERN)

19.4%

5.38

5.05

China BAK Battery Inc
(NASDAQ: CBAK)

-15.8%

1.86

2.17

SemiLEDs Corp/Taiwan
(NASDAQ: LEDS)

16.2%

1.22

1.06

Novabay Pharmaceuticals Inc
(NYSE: NBY)

-12.5%

1.155

1.26

200 DMA

Timberline Resources Corp
(NYSE: TLR)

42.8%

0.23

0.19

Ceragon Networks Ltd
(NASDAQ: CRNT)

-7.4%

3.37

3.49

TESARO Inc
(NASDAQ: TSRO)

13.3%

37.20

34.79

Biolase Inc
(NASDAQ: BIOL)

-6.6%

2.82

2.98

Novatel Wireless Inc
(NASDAQ: NVTL)

11.4%

3.02

2.98

PetroLogistics LP
(NYSE: PDH)

-5.5%

12.29

12.45

YRC Worldwide Inc
(NASDAQ: YRCW)

10.9%

17.55

17.13

Cliffs Natural Resources Inc
(NYSE: CLF)

-5.0%

21.3

21.67

Mines Management Inc
(NYSE: MGN)

9.9%

0.67

0.66

Eagle Bulk Shipping Inc
(NASDAQ: EGLE)

-4.4%

4.31

4.34

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