Technical Breakouts to Watch for July 21, 2014 (TSX: BNC) (NASDAQ: RECN)

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In the Canadian markets, Bioniche Life Sciences Inc (TSX: BNC) skyrocketed 97% Friday, breaching all the key technical resistance levels of short term 30-day, 50-day and long term 200-day DMAs at C$0.17, C$0.17 & C$0.27 respectively and ended at C$0.32 with trading volumes of 4.3 million shares. Sunridge Gold Corp (TSXV: SGC), Connacher Oil and Gas Ltd (TSX: CLL), Legend Gold Corp (TSXV: LGN), and TSO3 Inc (TSX: TOS) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Novo Resources Corp (CNSX: NVO), St Andrew Goldfields Ltd (TSX: SAS), Avante Logixx Inc (TSXV: XX), IC Potash Corp (TSX: ICP), and IAMGOLD Corp (TSX: IMG).

Bioniche Life Sciences Inc (TSX: BNC) – Technical Chart

Bioniche Life Sciences Inc (TSX: BNC)

In the U.S. markets, Resources Connection Inc (NASDAQ: RECN), Pizza Inn Holdings Inc (NASDAQ: PZZI), Dyax Corp (NASDAQ: DYAX), Fidelity Southern Corp (NASDAQ: LION), and Inovio Pharmaceuticals Inc (NYSE: INO) witnessed strong price gains and breakouts above their 200 DMAs Friday. RealPage Inc (NASDAQ: RP), Advanced Micro Devices Inc (NYSE: AMD), Key Energy Services Inc (NYSE: KEG), Empire Resorts Inc (NASDAQ: NYNY), and Perfect World Co Ltd (NASDAQ: PWRD) witnessed price declines and fell below their 200 DMAs Friday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Bioniche Life Sciences Inc
(TSX: BNC)

96.9%

0.32

0.17

Canadian Spirit Resources Inc
(TSXV: SPI)

-11.1%

0.40

0.45

Stakeholder Gold Corp
(TSXV: SRC)

35.0%

0.27

0.20

Lithium Americas Corp
(TSX: LAC)

-9.8%

0.23

0.24

GPM Metals Inc
(TSXV: GPM)

35.0%

0.14

0.10

DualEx Energy International Inc
(TSXV: DXE)

-9.1%

0.15

0.16

Pine Cliff Energy Ltd
(TSXV: PNE)

25.4%

1.73

1.46

St Andrew Goldfields Ltd
(TSX: SAS)

-6.3%

0.30

0.31

Agility Health Inc
(TSXV: AHI)

18.0%

0.59

0.54

Alabama Graphite Corp
(TSXV: ALP)

-5.3%

0.18

0.18

50 DMA

Bioniche Life Sciences Inc
(TSX: BNC)

96.9%

0.32

0.17

Lithium Americas Corp
(TSX: LAC)

-9.8%

0.23

0.24

Stakeholder Gold Corp
(TSXV: SRC)

35.0%

0.27

0.22

Crocodile Gold Corp
(TSX: CRK)

-8.0%

0.23

0.24

Pine Cliff Energy Ltd
(TSXV: PNE)

25.4%

1.73

1.44

St Andrew Goldfields Ltd
(TSX: SAS)

-6.3%

0.30

0.30

Agility Health Inc
(TSXV: AHI)

18.0%

0.59

0.58

Alabama Graphite Corp
(TSXV: ALP)

-5.3%

0.18

0.19

Sunridge Gold Corp
(TSXV: SGC)

15.8%

0.22

0.22

Aurcana Corp
(TSXV: AUN)

-4.5%

0.63

0.66

200 DMA

Bioniche Life Sciences Inc
(TSX: BNC)

96.9%

0.32

0.27

Novo Resources Corp
(CNSX: NVO)

-15.4%

1.10

1.19

Sunridge Gold Corp
(TSXV: SGC)

15.8%

0.22

0.22

St Andrew Goldfields Ltd
(TSX: SAS)

-6.3%

0.30

0.31

Connacher Oil and Gas Ltd
(TSX: CLL)

9.5%

0.23

0.22

Avante Logixx Inc
(TSXV: XX)

-5.5%

0.35

0.35

Legend Gold Corp
(TSXV: LGN)

5.4%

0.30

0.28

IC Potash Corp
(TSX: ICP)

-3.3%

0.30

0.30

TSO3 Inc
(TSX: TOS)

5.0%

0.63

0.60

IAMGOLD Corp
(TSX: IMG)

-1.7%

4.16

4.20

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Zhone Technologies Inc
(NASDAQ: ZHNE)

29.9%

3.56

3.14

Advanced Micro Devices Inc
(NYSE: AMD)

-16.2%

3.83

4.25

GlycoMimetics Inc
(NASDAQ: GLYC)

11.5%

8.41

7.75

Kips Bay Medical Inc
(NASDAQ: KIPS)

-6.4%

0.44

0.47

Synthetic Biologics Inc
(NYSE: SYN)

10.1%

1.64

1.59

Hub Group Inc
(NASDAQ: HUBG)

-6.3%

48.20

49.35

Dyax Corp
(NASDAQ: DYAX)

8.8%

8.86

8.83

Voc Energy Trust
(NYSE: VOC)

-5.4%

15.94

16.11

Fidelity Southern Corp
(NASDAQ: LION)

8.2%

14.50

13.42

Cel-Sci Corp
(NYSE: CVM)

-5.0%

1.15

1.17

50 DMA

Zhone Technologies Inc
(NASDAQ: ZHNE)

29.9%

3.56

3.01

RealPage Inc
(NASDAQ: RP)

-22.1%

16.68

21.21

Celladon Corp
(NASDAQ: CLDN)

17.7%

13.14

11.74

Advanced Micro Devices Inc
(NYSE: AMD)

-16.2%

3.83

4.15

AcelRx Pharmaceuticals Inc
(NASDAQ: ACRX)

11.7%

10.04

9.77

Cepheid Inc
(NASDAQ: CPHD)

-9.3%

41.90

45.62

GlycoMimetics Inc
(NASDAQ: GLYC)

11.5%

8.41

7.61

Lucas Energy Inc
(NYSE: LEI)

-4.4%

0.55

0.57

Galectin Therapeutics Inc
(NASDAQ: GALT)

10.8%

13.52

12.95

Xencor Inc
(NASDAQ: XNCR)

-3.1%

9.54

9.84

200 DMA

Resources Connection Inc
(NASDAQ: RECN)

15.3%

15.06

13.40

RealPage Inc
(NASDAQ: RP)

-22.1%

16.68

21.24

Pizza Inn Holdings Inc
(NASDAQ: PZZI)

13.7%

7.30

6.93

Advanced Micro Devices Inc
(NYSE: AMD)

-16.2%

3.83

3.85

Dyax Corp
(NASDAQ: DYAX)

8.8%

8.86

8.15

Key Energy Services Inc
(NYSE: KEG)

-16.0%

7.03

8.28

Fidelity Southern Corp
(NASDAQ: LION)

8.2%

14.50

14.50

Empire Resorts Inc
(NASDAQ: NYNY)

-6.7%

5.67

6.02

Inovio Pharmaceuticals Inc
(NYSE: INO)

8.0%

10.17

10.03

Perfect World Co Ltd
(NASDAQ: PWRD)

-1.0%

19.15

19.24

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