Technical Breakouts to Watch for June 10, 2014 (TSXV: PTG) (NASDAQ: ACHN)

Published:

In the Canadian markets, Pivot Technology Solutions Inc (TSXV: PTG) gained 32% Monday, piercing the long term 200 DMA (Daily Moving Average) of C$0.17. Sama Resources Inc (TSXV: SME), Cipher Pharmaceuticals Inc (TSX: DND), West Fraser Timber Co Ltd (TSX: WFT), and Virtutone Networks Inc (TSXV: VFX) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in 01 Communique Laboratory Inc (TSX: ONE), Niko Resources Ltd (TSX: NKO), NexGen Energy Ltd (TSXV: NXE), Callinan Royalties Corp (TSXV: CAA), and Arctic Star Exploration Corp (TSXV: ADD).

Pivot Technology Solutions Inc (TSXV: PTG) – Technical Chart

Pivot Technology Solutions Inc (TSXV: PTG)

In the U.S. markets, Achillion Pharmaceuticals Inc (NASDAQ: ACHN), Hittite Microwave Corp (NASDAQ: HITT), GreenHunter Resources Inc (NYSE: GRH), China Finance Online Co Ltd (NASDAQ: JRJC), and TravelCenters of America LLC (NYSE: TA) witnessed strong price gains and breakouts above their 200 DMAs Monday. Torchlight Energy Resources Inc (NASDAQ: TRCH), Liberated Energy Inc (OTC BB: LIBE), El Capitan Precious Metals Inc (OTC BB: ECPN), MAXIMUS Inc (NYSE: MMS), and Maiden Holdings Ltd (NASDAQ: MHLD) 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

Cornerstone Capital Resources Inc
(TSXV: CGP)

34.8%

0.16

0.12

Galway Metals Inc
(TSXV: GWM)

-12.9%

0.135

0.15

Pivot Technology Solutions Inc
(TSXV: PTG)

32.1%

0.19

0.16

Centric Health Corp
(TSX: CHH)

-11.7%

0.265

0.27

Stonegate Agricom Ltd
(TSX: ST)

25.0%

0.18

0.15

IBC Advanced Alloys Corp
(TSXV: IB)

-8.3%

0.165

0.17

Seair Inc
(TSXV: SDS)

20.0%

0.24

0.21

Microbix Biosystems Inc
(TSX: MBX)

-7.6%

0.365

0.38

Encanto Potash Corp
(TSXV: EPO)

8.0%

0.14

0.13

Romarco Minerals Inc
(TSX: R)

-7.6%

0.73

0.78

50 DMA

Cornerstone Capital Resources Inc
(TSXV: CGP)

34.8%

0.16

0.13

Galway Metals Inc
(TSXV: GWM)

-12.9%

0.135

0.15

Pivot Technology Solutions Inc
(TSXV: PTG)

32.1%

0.19

0.17

Centric Health Corp
(TSX: CHH)

-11.7%

0.265

0.27

Stonegate Agricom Ltd
(TSX: ST)

25.0%

0.18

0.16

NexGen Energy Ltd
(TSXV: NXE)

-8.6%

0.32

0.34

Seair Inc
(TSXV: SDS)

20.0%

0.24

0.22

IBC Advanced Alloys Corp
(TSXV: IB)

-8.3%

0.165

0.18

Inspiration Mining Corp
(TSX: ISM)

12.5%

0.14

0.13

Microbix Biosystems Inc
(TSX: MBX)

-7.6%

0.365

0.38

200 DMA

Pivot Technology Solutions Inc
(TSXV: PTG)

32.1%

0.19

0.17

01 Communique Laboratory Inc
(TSX: ONE)

-40.0%

0.23

0.36

Sama Resources Inc
(TSXV: SME)

6.5%

0.25

0.23

Niko Resources Ltd
(TSX: NKO)

-9.2%

2.65

2.75

Cipher Pharmaceuticals Inc
(TSX: DND)

3.8%

8.17

7.88

NexGen Energy Ltd
(TSXV: NXE)

-8.6%

0.32

0.34

West Fraser Timber Co Ltd
(TSX: WFT)

3.4%

49.92

49.72

Callinan Royalties Corp
(TSXV: CAA)

-4.9%

1.74

1.78

Virtutone Networks Inc
(TSXV: VFX)

1.3%

0.38

0.38

Arctic Star Exploration Corp
(TSXV: ADD)

-4.3%

0.11

0.11

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

NII Holdings Inc
(NASDAQ: NIHD)

23.2%

0.72

0.64

Torchlight Energy Resources Inc
(NASDAQ: TRCH)

-26.2%

3.24

4.39

Synthetic Biologics Inc
(NYSE: SYN)

18.8%

1.64

1.43

Aspen Group Inc/CO
(OTC BB: ASPU)

-12.7%

0.117

0.13

Doral Financial Corp
(NYSE: DRL)

17.3%

4.07

3.92

Comverse Inc
(NASDAQ: CNSI)

-8.5%

22.83

24.35

International Game Technology
(NYSE: IGT)

14.4%

14.31

12.56

Cosi Inc
(NASDAQ: COSI)

-8.0%

1.15

1.21

CAMAC Energy Inc
(NYSE: CAK)

13.2%

0.72

0.64

Hyperdynamics Corp
(NYSE: HDY)

-7.0%

2.51

2.67

50 DMA

Achillion Pharmaceuticals Inc
(NASDAQ: ACHN)

47.6%

4.25

2.89

Cosi Inc
(NASDAQ: COSI)

-8.0%

1.15

1.19

International Game Technology
(NYSE: IGT)

14.4%

14.31

12.98

Tandem Diabetes Care Inc
(NASDAQ: TNDM)

-7.0%

16.94

17.34

CAMAC Energy Inc
(NYSE: CAK)

13.2%

0.72

0.69

Senomyx Inc
(NASDAQ: SNMX)

-4.9%

7.9

8.31

Lexicon Pharmaceuticals Inc
(NASDAQ: LXRX)

13.0%

1.65

1.50

Premier Exhibitions Inc
(NASDAQ: PRXI)

-4.7%

0.8445

0.88

Care.com Inc
(NYSE: CRCM)

12.4%

12.09

11.98

Ferro Corp
(NYSE: FOE)

-4.2%

12.86

12.99

200 DMA

Achillion Pharmaceuticals Inc
(NASDAQ: ACHN)

47.6%

4.25

3.61

Torchlight Energy Resources Inc
(NASDAQ: TRCH)

-26.2%

3.24

4.32

Hittite Microwave Corp
(NASDAQ: HITT)

28.6%

77.90

61.19

Liberated Energy Inc
(OTC BB: LIBE)

-10.1%

0.1799

0.20

GreenHunter Resources Inc
(NYSE: GRH)

13.1%

1.21

1.14

El Capitan Precious Metals Inc
(OTC BB: ECPN)

-5.6%

0.17

0.18

China Finance Online Co Ltd
(NASDAQ: JRJC)

10.6%

4.29

4.17

MAXIMUS Inc
(NYSE: MMS)

-5.0%

43.79

44.33

TravelCenters of America LLC
(NYSE: TA)

9.4%

8.92

8.54

Maiden Holdings Ltd
(NASDAQ: MHLD)

-3.5%

11.65

11.95

Related articles

Recent articles