Technical Breakouts to Watch for July 29, 2014 (TSX: LAM) (NYSE: TUMI)

Published:

Shares of Laramide Resources Ltd (TSX: LAM) climbed 14% Monday breaching the long term 200 DMA (Daily Moving Average) of C$0.49 and ended at C$0.50. Uex Corp (TSX: UEX), Wanted Technologies Corp (TSXV: WAN), Wellgreen Platinum Ltd (TSXV: WG), and Phoscan Chemical Corp (TSX: FOS) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Legend Gold Corp (TSXV: LGN), Novo Resources Corp (CNSX: NVO), Zargon Oil & Gas Ltd (TSX: ZAR), High North Resources Ltd (TSXV: HN), and Trimel Pharmaceuticals Corp (TSX: TRL).

Laramide Resources Ltd (TSX: LAM) – Technical Chart

Laramide Resources Ltd (TSX: LAM)

In the U.S. markets, Tumi Holdings Inc (NYSE: TUMI), Home Inns & Hotels Management Inc (NASDAQ: HMIN), Neogen Corp (NASDAQ: NEOG), Noah Holdings Ltd (NYSE: NOAH), and Lincoln Electric Holdings Inc (NASDAQ: LECO) witnessed strong price gains and breakouts above their 200 DMAs Monday. AcelRx Pharmaceuticals Inc (NASDAQ: ACRX), Horizon Pharma Inc (NASDAQ: HZNP), Pozen Inc (NASDAQ: POZN), Armstrong World Industries Inc (NYSE: AWI), and Mines Management Inc (NYSE: MGN) 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

US Oil Sands Inc
(TSXV: USO)

8.7%

0.13

0.12

Legend Gold Corp
(TSXV: LGN)

-20.7%

0.23

0.25

Lorus Therapeutics Inc
(TSX: LOR)

7.8%

0.49

0.48

Stakeholder Gold Corp
(TSXV: SRC)

-17.0%

0.20

0.21

Uex Corp
(TSX: UEX)

7.1%

0.45

0.43

Azincourt Uranium Inc
(TSXV: AAZ)

-8.7%

0.11

0.11

Empire Industries Ltd/Canada
(TSXV: EIL)

6.5%

0.17

0.16

High North Resources Ltd
(TSXV: HN)

-7.5%

0.49

0.52

Capital Power Corp
(TSX: CPX)

3.7%

26.70

26.20

WesternZagros Resources Ltd
(TSXV: WZR)

-4.3%

1.12

1.16

50 DMA

US Oil Sands Inc
(TSXV: USO)

8.7%

0.13

0.12

Legend Gold Corp
(TSXV: LGN)

-20.7%

0.23

0.25

Lorus Therapeutics Inc
(TSX: LOR)

7.8%

0.49

0.47

Stakeholder Gold Corp
(TSXV: SRC)

-17.0%

0.20

0.22

Uex Corp
(TSX: UEX)

7.1%

0.45

0.43

Global Minerals Ltd
(TSXV: CTG)

-9.1%

0.20

0.21

Empire Industries Ltd/Canada
(TSXV: EIL)

6.5%

0.17

0.16

WesternZagros Resources Ltd
(TSXV: WZR)

-4.3%

1.12

1.13

Capital Power Corp
(TSX: CPX)

3.7%

26.70

26.07

SENSIO Technologies Inc
(TSXV: SIO)

-3.9%

0.25

0.25

200 DMA

Laramide Resources Ltd
(TSX: LAM)

14.3%

0.50

0.49

Legend Gold Corp
(TSXV: LGN)

-20.7%

0.23

0.28

Uex Corp
(TSX: UEX)

7.1%

0.45

0.44

Novo Resources Corp
(CNSX: NVO)

-8.8%

1.14

1.20

Wanted Technologies Corp
(TSXV: WAN)

6.9%

1.24

1.18

Zargon Oil & Gas Ltd
(TSX: ZAR)

-7.7%

8.40

8.49

Wellgreen Platinum Ltd
(TSXV: WG)

4.5%

0.70

0.69

High North Resources Ltd
(TSXV: HN)

-7.5%

0.49

0.49

Phoscan Chemical Corp
(TSX: FOS)

3.4%

0.31

0.30

Trimel Pharmaceuticals Corp
(TSX: TRL)

-4.7%

0.61

0.63

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

VisionChina Media Inc
(NASDAQ: VISN)

21.7%

17.52

16.08

AcelRx Pharmaceuticals Inc
(NASDAQ: ACRX)

-41.0%

6.39

10.29

Lipocine Inc
(NASDAQ: LPCN)

11.6%

6.85

6.32

Foundation Medicine Inc
(NASDAQ: FMI)

-10.0%

23.67

25.99

Good Times Restaurants Inc
(NASDAQ: GTIM)

10.6%

3.64

3.58

Compass Minerals International Inc
(NYSE: CMP)

-7.6%

87.43

94.13

Federated National Holding Co
(NASDAQ: FNHC)

7.7%

24.36

24.17

Aware Inc
(NASDAQ: AWRE)

-7.2%

4.64

4.67

Move Inc
(NASDAQ: MOVE)

7.5%

15.19

14.42

Athersys Inc
(NASDAQ: ATHX)

-6.0%

1.58

1.67

50 DMA

Digipath Inc
(OTC US: DIGP)

390.2%

2.50

0.69

AcelRx Pharmaceuticals Inc
(NASDAQ: ACRX)

-41.0%

6.39

9.79

VisionChina Media Inc
(NASDAQ: VISN)

21.7%

17.52

16.95

EDAP TMS SA
(NASDAQ: EDAP)

-25.2%

3.65

4.35

Lipocine Inc
(NASDAQ: LPCN)

11.6%

6.85

6.46

Vantage Health
(OTC BB: VNTH)

-12.5%

0.18

0.19

Federated National Holding Co
(NASDAQ: FNHC)

7.7%

24.36

23.84

Armstrong World Industries Inc
(NYSE: AWI)

-10.4%

49.60

55.23

United Insurance Holdings Corp
(NASDAQ: UIHC)

7.0%

17.36

17.23

Foundation Medicine Inc
(NASDAQ: FMI)

-10.0%

23.67

24.67

200 DMA

Tumi Holdings Inc
(NYSE: TUMI)

5.5%

21.31

21.17

AcelRx Pharmaceuticals Inc
(NASDAQ: ACRX)

-41.0%

6.39

10.17

Home Inns & Hotels Management Inc
(NASDAQ: HMIN)

5.5%

36.48

35.29

Horizon Pharma Inc
(NASDAQ: HZNP)

-34.2%

9.15

10.92

Neogen Corp
(NASDAQ: NEOG)

5.3%

44.09

43.08

Pozen Inc
(NASDAQ: POZN)

-11.8%

6.93

7.72

Noah Holdings Ltd
(NYSE: NOAH)

5.3%

16.13

16.02

Armstrong World Industries Inc
(NYSE: AWI)

-10.4%

49.60

54.98

Lincoln Electric Holdings Inc
(NASDAQ: LECO)

4.9%

70.05

69.80

Mines Management Inc
(NYSE: MGN)

-8.5%

0.86

0.93

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