Technical Breakouts to Watch for January 23, 2014 (TSXV: TXX) (NYSE: ZX)

Published:

In the Canadian markets, Tirex Resources Ltd (TSXV: TXX) gained 43% Wednesday, piercing the long term 200 DMA (Daily Moving Average) of C$0.30. Adventure Gold Inc (TSXV: AGE), Great Western Minerals Group Ltd (TSXV: GWG), Sprylogics International Corp (TSXV: SPY), and Rare Element Resources Ltd (TSX: RES) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Torex Gold Resources Inc (TSX: TXG), Eagle Star Minerals Corp (TSXV: EGE), Lydian International Ltd (TSX: LYD), Polar Star Mining Corp (TSX: PSR), and Rubicon Minerals Corp (TSX: RMX).

Tirex Resources Ltd (TSXV: TXX) – Technical Chart

tech

In the U.S. markets, China Zenix Auto International Ltd (NYSE: ZX), SemiLEDs Corp/Taiwan (NASDAQ: LEDS), CombiMatrix Corp (NASDAQ: CBMX), Imprimis Pharmaceuticals Inc (NASDAQ: IMMY), and W&T Offshore Inc (NYSE: WTI) witnessed strong price gains and breakouts above their 200 DMAs Wednesday. Advanced Micro Devices Inc (NYSE: AMD), Sagent Pharmaceuticals Inc (NASDAQ: SGNT), Regulus Therapeutics Inc (NASDAQ: RGLS), Synta Pharmaceuticals Corp (NASDAQ: SNTA), and Bemis Co Inc (NYSE: BMS) witnessed price declines and fell below their 200 DMAs Wednesday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Meadow Bay Gold Corp
(TSX: MAY)

16.7%

0.18

0.16

Canada Carbon Inc
(TSXV: CCB)

-13.6%

0.19

0.19

Anderson Energy Ltd
(TSX: AXL)

10.7%

0.16

0.14

Polar Star Mining Corp
(TSX: PSR)

-10.0%

0.135

0.15

CDN Oilfield Solutions Corp
(TSXV: OTS)

8.3%

0.20

0.18

CUB Energy Inc
(TSXV: KUB)

-9.3%

0.195

0.20

Spectral Diagnostics Inc
(TSX: SDI)

7.7%

0.56

0.55

Cequence Energy Ltd
(TSX: CQE)

-6.3%

1.77

1.78

Treasury Metals Inc
(TSX: TML)

5.9%

0.36

0.35

Copper Fox Metals Inc
(TSXV: CUU)

-5.3%

0.36

0.38

50 DMA

Meadow Bay Gold Corp
(TSX: MAY)

16.7%

0.18

0.17

IAMGOLD Corp
(TSX: IMG)

-10.9%

4.01

4.12

Synodon Inc
(TSXV: SYD)

15.6%

0.19

0.16

CUB Energy Inc
(TSXV: KUB)

-9.3%

0.195

0.21

Avalon Rare Metals Inc
(TSX: AVL)

11.9%

0.66

0.63

Penn West Petroleum Ltd
(TSX: PWT)

-9.0%

8.22

9.01

MagIndustries Corp
(TSX: MAA)

10.0%

0.22

0.21

Petromanas Energy Inc
(TSXV: PMI)

-7.1%

0.13

0.13

ATAC Resources Ltd
(TSXV: ATC)

6.3%

0.68

0.64

DualEx Energy International Inc
(TSXV: DXE)

-4.8%

0.2

0.21

200 DMA

Tirex Resources Ltd
(TSXV: TXX)

42.9%

0.35

0.30

Torex Gold Resources Inc
(TSX: TXG)

-16.5%

1.14

1.31

Adventure Gold Inc
(TSXV: AGE)

33.3%

0.20

0.16

Eagle Star Minerals Corp
(TSXV: EGE)

-12.0%

0.22

0.23

Great Western Minerals Group Ltd
(TSXV: GWG)

30.0%

0.13

0.12

Lydian International Ltd
(TSX: LYD)

-10.9%

1.06

1.08

Sprylogics International Corp
(TSXV: SPY)

18.4%

0.58

0.57

Polar Star Mining Corp
(TSX: PSR)

-10.0%

0.135

0.14

Rare Element Resources Ltd
(TSX: RES)

14.5%

2.05

2.02

Rubicon Minerals Corp
(TSX: RMX)

-8.5%

1.29

1.41

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

AudioCodes Ltd
(NASDAQ: AUDC)

9.6%

7.53

7.15

Advanced Micro Devices Inc
(NYSE: AMD)

-12.0%

3.67

3.92

Nuance Communications Inc
(NASDAQ: NUAN)

7.8%

16.05

14.93

Propell Technologies Group Inc
(OTC BB: PROP)

-10.6%

0.21

0.23

Silicon Motion Technology Corp
(NASDAQ: SIMO)

6.6%

15.00

14.31

ZaZa Energy Corp
(NASDAQ: ZAZA)

-8.4%

0.98

0.98

Revolution Lighting Technologies Inc
(NASDAQ: RVLT)

6.1%

3.32

3.19

Dendreon Corp
(NASDAQ: DNDN)

-6.5%

3.01

3.15

Xinyuan Real Estate Co Ltd
(NYSE: XIN)

5.6%

5.27

5.19

Rediff.Com India Ltd
(NASDAQ: REDF)

-5.1%

2.22

2.30

50 DMA

China Zenix Auto International Ltd
(NYSE: ZX)

14.0%

3.10

2.73

MER Telemanagement Solutions
(NASDAQ: MTSL)

-14.6%

2.0899

2.45

Mitek Systems Inc
(NASDAQ: MITK)

9.3%

6.44

6.08

Advanced Micro Devices Inc
(NYSE: AMD)

-12.0%

3.67

3.75

Titan Pharmaceuticals Inc
(OTC BB: TTNP)

9.1%

0.73

0.71

ZaZa Energy Corp
(NASDAQ: ZAZA)

-8.4%

0.98

1.01

Gran Tierra Energy Inc
(NYSE: GTE)

8.6%

7.74

7.16

Allegheny Technologies Inc
(NYSE: ATI)

-6.3%

32.01

33.99

Nuance Communications Inc
(NASDAQ: NUAN)

7.8%

16.05

14.99

Rediff.Com India Ltd
(NASDAQ: REDF)

-5.1%

2.22

2.28

200 DMA

China Zenix Auto International Ltd
(NYSE: ZX)

14.0%

3.10

2.98

Advanced Micro Devices Inc
(NYSE: AMD)

-12.0%

3.67

3.69

SemiLEDs Corp/Taiwan
(NASDAQ: LEDS)

12.3%

1.37

1.23

Sagent Pharmaceuticals Inc
(NASDAQ: SGNT)

-6.9%

19.84

21.19

CombiMatrix Corp
(NASDAQ: CBMX)

10.8%

3.07

2.93

Regulus Therapeutics Inc
(NASDAQ: RGLS)

-6.2%

8.05

8.28

Imprimis Pharmaceuticals Inc
(NASDAQ: IMMY)

7.9%

6.80

6.32

Synta Pharmaceuticals Corp
(NASDAQ: SNTA)

-3.8%

6.1

6.15

W&T Offshore Inc
(NYSE: WTI)

5.5%

15.65

15.51

Bemis Co Inc
(NYSE: BMS)

-3.0%

38.75

39.85

Related articles

Recent articles