Technical Breakouts to Watch for June 24, 2014 (TSX: TCM) (NASDAQ: OHRP)

Published:

In the Canadian markets, Thompson Creek Metals Co Inc (TSX: TCM) climbed 10% Monday signaling an uptrend after breaking all the major technical resistance of 30, 50 & 200 DMAs (Daily Moving Average) of C$3.08, C$3.06 & C$2.99 respectively. Aecon Group Inc (TSX: ARE), Levon Resources Ltd (TSX: LVN), First Majestic Silver Corp (TSX: FR), and Connacher Oil and Gas Ltd (TSX: CLL) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Solvista Gold Corp (TSXV: SVV), Pershimco Resources Inc (TSXV: PRO), Microcoal Technologies Inc (CNSX: MTI), Corus Entertainment Inc (TSX: CJR/B), and Focus Graphite Inc (TSXV: FMS).

Thompson Creek Metals Co Inc (TSX: TCM) – Technical Chart

Thompson Creek Metals Co Inc (TSX: TCM)

In the U.S. markets, Ohr Pharmaceutical Inc (NASDAQ: OHRP), Corcept Therapeutics Inc (NASDAQ: CORT), PLX Technology Inc (NASDAQ: PLXT), Control4 Corp (NASDAQ: CTRL), and Camtek Ltd/Israel (NASDAQ: CAMT) witnessed strong price gains and breakouts above their 200 DMAs Monday. Parkervision Inc (NASDAQ: PRKR), Worlds Inc (OTC BB: WDDD), Altisource Residential Corp (NYSE: RESI), Alcobra Ltd (NASDAQ: ADHD), and ORBCOMM Inc (NASDAQ: ORBC) 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

Woulfe Mining Corp
(CNSX: WOF)

21.1%

0.12

0.11

Soltoro Ltd
(TSXV: SOL)

-13.3%

0.13

0.14

Mawson Resources Ltd
(TSX: MAW)

19.6%

0.34

0.32

New Zealand Energy Corp
(TSXV: NZ)

-11.5%

0.12

0.12

Canadian Overseas Petroleum Ltd
(TSXV: XOP)

17.1%

0.24

0.23

Marksmen Energy Inc
(TSXV: MAH)

-7.7%

0.60

0.60

SENSIO Technologies Inc
(TSXV: SIO)

11.4%

0.25

0.24

Air Canada
(TSX: AC/A)

-6.5%

8.79

9.05

Thompson Creek Metals Co Inc
(TSX: TCM)

10.0%

3.18

3.08

Kootenay Silver Inc
(TSXV: KTN)

-6.3%

0.30

0.31

50 DMA

Woulfe Mining Corp
(CNSX: WOF)

21.1%

0.12

0.10

Solvista Gold Corp
(TSXV: SVV)

-16.7%

0.15

0.16

Thompson Creek Metals Co Inc
(TSX: TCM)

10.0%

3.18

3.06

Soltoro Ltd
(TSXV: SOL)

-13.3%

0.13

0.14

Columbus Gold Corp
(TSXV: CGT)

7.1%

0.46

0.44

Falcon Oil & Gas Ltd
(TSXV: FO)

-8.6%

0.16

0.16

Sandspring Resources Ltd
(TSXV: SSP)

6.9%

0.31

0.30

Uex Corp
(TSX: UEX)

-4.4%

0.44

0.45

Aurcana Corp
(TSXV: AUN)

6.1%

0.70

0.67

Copper Fox Metals Inc
(TSXV: CUU)

-4.3%

0.23

0.23

200 DMA

Thompson Creek Metals Co Inc
(TSX: TCM)

10.0%

3.18

2.99

Solvista Gold Corp
(TSXV: SVV)

-16.7%

0.15

0.16

Aecon Group Inc
(TSX: ARE)

5.0%

16.58

15.89

Pershimco Resources Inc
(TSXV: PRO)

-10.0%

0.32

0.35

Levon Resources Ltd
(TSX: LVN)

3.8%

0.28

0.27

Microcoal Technologies Inc
(CNSX: MTI)

-2.1%

0.24

0.24

First Majestic Silver Corp
(TSX: FR)

2.4%

11.51

11.27

Corus Entertainment Inc
(TSX: CJR/B)

-1.4%

24.63

24.76

Connacher Oil and Gas Ltd
(TSX: CLL)

2.3%

0.22

0.22

Focus Graphite Inc
(TSXV: FMS)

-1.0%

0.48

0.48

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Mines Management Inc
(NYSE: MGN)

11.2%

1.09

1.04

Parkervision Inc
(NASDAQ: PRKR)

-63.1%

1.85

4.80

Liquid Holdings Group Inc
(NASDAQ: LIQD)

10.2%

1.73

1.63

Ku6 Media Co Ltd
(NASDAQ: KUTV)

-14.6%

1.35

1.57

PLX Technology Inc
(NASDAQ: PLXT)

9.1%

6.48

5.96

Meritor Inc
(NYSE: MTOR)

-13.1%

12.68

13.98

SANUWAVE Health Inc
(OTC BB: SNWV)

6.4%

0.50

0.49

Altisource Residential Corp
(NYSE: RESI)

-8.9%

25.96

27.42

Camtek Ltd/Israel
(NASDAQ: CAMT)

6.3%

3.36

3.25

Metalico Inc
(NYSE: MEA)

-6.4%

1.17

1.24

50 DMA

Nanosphere Inc
(NASDAQ: NSPH)

14.6%

1.57

1.51

Parkervision Inc
(NASDAQ: PRKR)

-63.1%

1.85

4.74

Corcept Therapeutics Inc
(NASDAQ: CORT)

13.7%

2.91

2.77

Meritor Inc
(NYSE: MTOR)

-13.1%

12.68

13.35

NeoGenomics Inc
(NASDAQ: NEO)

9.9%

3.33

3.31

Altisource Residential Corp
(NYSE: RESI)

-8.9%

25.96

27.46

PLX Technology Inc
(NASDAQ: PLXT)

9.1%

6.48

5.94

Synthetic Biologics Inc
(NYSE: SYN)

-6.7%

1.67

1.73

Rocket Fuel Inc
(NASDAQ: FUEL)

8.9%

30.33

27.86

Ligand Pharmaceuticals Inc
(NASDAQ: LGND)

-5.9%

62.35

65.25

200 DMA

Ohr Pharmaceutical Inc
(NASDAQ: OHRP)

16.9%

11.40

9.89

Parkervision Inc
(NASDAQ: PRKR)

-63.1%

1.85

4.37

Corcept Therapeutics Inc
(NASDAQ: CORT)

13.7%

2.91

2.72

Worlds Inc
(OTC BB: WDDD)

-11.9%

0.17

0.17

PLX Technology Inc
(NASDAQ: PLXT)

9.1%

6.48

6.11

Altisource Residential Corp
(NYSE: RESI)

-8.9%

25.96

27.65

Control4 Corp
(NASDAQ: CTRL)

6.5%

19.26

18.90

Alcobra Ltd
(NASDAQ: ADHD)

-6.7%

18.41

18.56

Camtek Ltd/Israel
(NASDAQ: CAMT)

6.3%

3.36

3.29

ORBCOMM Inc
(NASDAQ: ORBC)

-5.5%

6.37

6.38

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