In the Canadian markets, Aura Minerals Inc (TSX: ORA) gained 20% Wednesday, breaking the 50-DMA and 200 DMA (Daily Moving Average) at C$0.13 each. DragonWave Inc (TSX: DWI), Goldquest Mining Corp (TSXV: GQC), IAMGOLD Corp (TSX: IMG), and Silver Standard Resources Inc (TSX: SSO) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Kombat Copper Inc (TSXV: KBT), Aberdeen International Inc (TSX: AAB), Rye Patch Gold Corp (TSXV: RPM), Orbite Aluminae Inc (TSX: ORT), and West Fraser Timber Co Ltd (TSX: WFT).
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Aura Minerals Inc (TSX: ORA) – Technical Chart |
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In the U.S. markets, Insmed Inc (NASDAQ: INSM), Golden Minerals Co (NYSE: AUMN), MeetMe Inc (NASDAQ: MEET), Perceptron Inc (NASDAQ: PRCP), and magicJack VocalTec Ltd (NASDAQ: CALL) witnessed strong price gains and breakouts above their 200 DMAs Wednesday. Aethlon Medical Inc (OTC BB: AEMD), Ultratech Inc (NASDAQ: UTEK), China Distance Education Holdings Ltd (NYSE: DL), ZaZa Energy Corp (NASDAQ: ZAZA), and Biolase Inc (NASDAQ: BIOL) witnessed price declines and fell below their 200 DMAs Wednesday.
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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 |
Enablence Technologies Inc |
33.3% |
0.12 |
0.09 |
Avrupa Minerals Ltd |
-17.5% |
0.17 |
0.18 |
|
African Gold Group Inc |
15.4% |
0.15 |
0.14 |
Metanor Resources Inc |
-13.3% |
0.13 |
0.14 |
|
|
Saturn Minerals Inc |
14.7% |
0.20 |
0.18 |
Superior Copper Corp |
-10.0% |
0.14 |
0.15 |
|
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Ivernia Inc |
13.0% |
0.13 |
0.12 |
West Kirkland Mining Inc |
-4.5% |
0.11 |
0.11 |
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Rockwell Diamonds Inc |
11.5% |
0.29 |
0.27 |
Nesscap Energy Inc |
-4.0% |
0.12 |
0.12 |
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|
50 DMA |
Enablence Technologies Inc |
33.3% |
0.12 |
0.09 |
Avrupa Minerals Ltd |
-17.5% |
0.17 |
0.19 |
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Aura Minerals Inc |
20.0% |
0.15 |
0.13 |
Metanor Resources Inc |
-13.3% |
0.13 |
0.15 |
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Ballard Power Systems Inc |
16.8% |
4.51 |
3.91 |
Kombat Copper Inc |
-8.3% |
0.11 |
0.11 |
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African Gold Group Inc |
15.4% |
0.15 |
0.14 |
Bayfield Ventures Corp |
-4.0% |
0.24 |
0.24 |
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Canoe Mining Ventures Corp |
13.6% |
0.25 |
0.24 |
Empire Industries Ltd/Canada |
-3.1% |
0.16 |
0.16 |
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|
200 DMA |
Aura Minerals Inc |
20.0% |
0.15 |
0.13 |
Kombat Copper Inc |
-8.3% |
0.11 |
0.11 |
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DragonWave Inc |
9.2% |
1.67 |
1.62 |
Aberdeen International Inc |
-3.4% |
0.14 |
0.14 |
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Goldquest Mining Corp |
5.3% |
0.30 |
0.30 |
Rye Patch Gold Corp |
-2.8% |
0.18 |
0.18 |
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IAMGOLD Corp |
4.0% |
4.39 |
4.33 |
Orbite Aluminae Inc |
-2.6% |
0.38 |
0.38 |
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Silver Standard Resources Inc |
3.0% |
8.56 |
8.55 |
West Fraser Timber Co Ltd |
-1.4% |
49.99 |
50.03 |
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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 |
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|
30 DMA |
Insmed Inc |
42.6% |
17.78 |
13.49 |
Dominion Resources Black Warrior Trust (NYSE: DOM) |
-30.3% |
6.81 |
8.69 |
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MeetMe Inc |
22.8% |
2.37 |
2.05 |
Neonode Inc |
-21.9% |
3.13 |
3.74 |
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Infosonics Corp |
12.4% |
2.18 |
2.11 |
Aethlon Medical Inc |
-13.2% |
0.17 |
0.19 |
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ZBB Energy Corp |
10.8% |
1.85 |
1.68 |
Ultratech Inc |
-11.6% |
23.64 |
25.08 |
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magicJack VocalTec Ltd |
8.8% |
15.96 |
15.03 |
China Biologic Products Inc |
-11.4% |
42.11 |
43.64 |
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|
50 DMA |
Insmed Inc |
42.6% |
17.78 |
13.77 |
Dominion Resources Black Warrior Trust (NYSE: DOM) |
-30.3% |
6.81 |
8.12 |
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Plug Power Inc |
17.7% |
5.05 |
4.93 |
Ultratech Inc |
-11.6% |
23.64 |
25.37 |
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Flexion Therapeutics Inc |
15.8% |
14.91 |
13.25 |
China Distance Education Holdings Ltd (NYSE: DL) |
-9.1% |
15.89 |
16.38 |
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LiveDeal Inc |
12.4% |
4.25 |
4.23 |
La-Z-Boy Inc |
-8.1% |
22.84 |
24.74 |
|
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ERBA Diagnostics Inc |
8.6% |
1.77 |
1.71 |
Castlight Health Inc |
-6.4% |
14.98 |
15.79 |
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|
200 DMA |
Insmed Inc |
42.6% |
17.78 |
16.13 |
Aethlon Medical Inc |
-13.2% |
0.17 |
0.18 |
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Golden Minerals Co |
32.4% |
0.94 |
0.77 |
Ultratech Inc |
-11.6% |
23.64 |
26.66 |
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|
MeetMe Inc |
22.8% |
2.37 |
2.28 |
China Distance Education Holdings Ltd (NYSE: DL) |
-9.1% |
15.89 |
16.87 |
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|
Perceptron Inc |
10.0% |
13.24 |
12.34 |
ZaZa Energy Corp |
-6.4% |
0.88 |
0.92 |
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MagicJack VocalTec Ltd |
8.8% |
15.96 |
15.19 |
Biolase Inc |
-5.3% |
2.13 |
2.21 |
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