In the Canadian markets, Kombat Copper Inc (TSXV: KBT) gained 20% Tuesday, piercing the long term 200 DMA (Daily Moving Average) of C$0.11. Goldrock Mines Corp (TSXV: GRM), Claude Resources Inc (TSX: CRJ), Eastmain Resources Inc (TSX: ER), and Adriana Resources Inc (TSXV: ADI) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in International Tower Hill Mines Ltd (TSX: ITH), Sintana Energy Inc (TSXV: SNN), Platinum Group Metals Ltd (TSX: PTM), Scorpio Gold Corp (TSXV: SGN), and Guestlogix Inc (TSX: GXI).
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Kombat Copper Inc (TSXV: KBT) – Technical Chart |
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In the U.S. markets, Biolase Inc (NASDAQ: BIOL), SolarCity Corp (NASDAQ: SCTY), China BAK Battery Inc (NASDAQ: CBAK), Cardica Inc (NASDAQ: CRDC), and Move Inc (NASDAQ: MOVE) witnessed strong price gains and breakouts above their 200 DMAs Tuesday. Acorda Therapeutics Inc (NASDAQ: ACOR), Sinclair Broadcast Group Inc (NASDAQ: SBGI), Castle Brands Inc (NYSE: ROX), Retrophin Inc (NASDAQ: RTRX), and PennantPark Investment Corp (NASDAQ: PNNT) witnessed price declines and fell below their 200 DMAs Tuesday.
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Breakouts – Canada |
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|
DMA |
Bullish |
Bearish |
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|
Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
|
|
30 DMA |
Palliser Oil & Gas Corp |
30.4% |
0.15 |
0.14 |
Mart Resources Inc |
-11.3% |
1.41 |
1.48 |
|
Kombat Copper Inc |
20.0% |
0.12 |
0.10 |
Nulegacy Gold Corp |
-10.7% |
0.13 |
0.14 |
|
|
Goldrock Mines Corp |
16.3% |
0.47 |
0.43 |
International Tower Hill Mines Ltd |
-10.4% |
0.60 |
0.64 |
|
|
Bengal Energy Ltd |
15.0% |
0.69 |
0.60 |
Belo Sun Mining Corp |
-7.5% |
0.19 |
0.20 |
|
|
Titanium Corp Inc |
13.6% |
1.75 |
1.74 |
Talon Metals Corp |
-7.3% |
0.19 |
0.20 |
|
|
50 DMA |
Kombat Copper Inc |
20.0% |
0.12 |
0.11 |
Mart Resources Inc |
-11.3% |
1.41 |
1.48 |
|
Goldrock Mines Corp |
16.3% |
0.47 |
0.44 |
Nulegacy Gold Corp |
-10.7% |
0.13 |
0.14 |
|
|
Bengal Energy Ltd |
15.0% |
0.69 |
0.60 |
D-Box Technologies Inc |
-6.9% |
0.27 |
0.27 |
|
|
Titanium Corp Inc |
13.6% |
1.75 |
1.69 |
Falcon Oil & Gas Ltd |
-3.0% |
0.16 |
0.16 |
|
|
Raise Production Inc |
12.4% |
2.80 |
2.67 |
Canfor Corp |
-2.7% |
24.09 |
24.61 |
|
|
200 DMA |
Kombat Copper Inc |
20.0% |
0.12 |
0.11 |
International Tower Hill Mines Ltd |
-10.4% |
0.60 |
0.61 |
|
Goldrock Mines Corp |
16.3% |
0.47 |
0.43 |
Sintana Energy Inc |
-4.0% |
0.12 |
0.12 |
|
|
Claude Resources Inc |
10.8% |
0.21 |
0.19 |
Platinum Group Metals Ltd |
-2.4% |
1.21 |
1.22 |
|
|
Eastmain Resources Inc |
8.8% |
0.37 |
0.35 |
Scorpio Gold Corp |
-2.0% |
0.24 |
0.24 |
|
|
Adriana Resources Inc |
8.1% |
0.20 |
0.20 |
Guestlogix Inc |
-0.8% |
1.20 |
1.21 |
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Breakouts – U.S. |
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|
DMA |
Bullish |
Bearish |
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|
Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
|
|
30 DMA |
Biolase Inc |
19.7% |
2.25 |
1.92 |
Escalera Resources Co |
-13.0% |
2.69 |
2.73 |
|
Altair Nanotechnologies Inc |
17.0% |
3.44 |
3.11 |
Ring Energy Inc |
-10.3% |
17.40 |
18.69 |
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|
Real Goods Solar Inc |
16.5% |
2.76 |
2.47 |
Acorda Therapeutics Inc |
-9.0% |
32.12 |
32.54 |
|
|
Liberated Energy Inc |
16.1% |
0.11 |
0.10 |
GTT Communications Inc |
-8.0% |
9.81 |
10.10 |
|
|
Smith Micro Software Inc |
15.5% |
0.97 |
0.90 |
Natural Resource Partners LP |
-4.8% |
14.54 |
14.96 |
|
|
50 DMA |
Biolase Inc |
19.7% |
2.25 |
2.02 |
Escalera Resources Co |
-13.0% |
2.69 |
2.77 |
|
Altair Nanotechnologies Inc |
17.0% |
3.44 |
3.44 |
Body Central Corp |
-12.6% |
0.91 |
0.91 |
|
|
Forest Oil Corp |
14.4% |
2.30 |
2.12 |
Ring Energy Inc |
-10.3% |
17.40 |
18.37 |
|
|
Global Eagle Entertainment Inc |
11.5% |
12.24 |
11.49 |
Acorda Therapeutics Inc |
-9.0% |
32.12 |
33.63 |
|
|
Hanwha SolarOne Co Ltd |
8.9% |
2.70 |
2.53 |
GTT Communications Inc |
-8.0% |
9.81 |
10.53 |
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|
200 DMA |
Biolase Inc |
19.7% |
2.25 |
2.21 |
Acorda Therapeutics Inc |
-9.0% |
32.12 |
33.57 |
|
SolarCity Corp |
17.6% |
64.53 |
56.61 |
Sinclair Broadcast Group Inc |
-3.9% |
30.11 |
30.60 |
|
|
China BAK Battery Inc |
12.1% |
2.41 |
2.39 |
Castle Brands Inc |
-2.2% |
0.87 |
0.88 |
|
|
Cardica Inc |
10.5% |
1.16 |
1.10 |
Retrophin Inc |
-2.0% |
11.02 |
11.10 |
|
|
Move Inc |
7.8% |
14.98 |
14.13 |
PennantPark Investment Corp |
-1.9% |
11.05 |
11.25 |
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