In the Canadian markets, Mega Precious Metals Inc (TSXV: MGP) gained 10% Monday, piercing the long term 200 DMA (Daily Moving Average) of C$0.15. Rare Element Resources Ltd (TSX: RES), Aroway Energy Inc (TSXV: ARW), Western Potash Corp (TSX: WPX), and Baytex Energy Corp (TSX: BTE) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Reunion Gold Corp (TSXV: RGD), St Augustine Gold and Copper Ltd (TSX: SAU), CUB Energy Inc (TSXV: KUB), US Oil Sands Inc (TSXV: USO), and Gabriel Resources Ltd (TSX: GBU).
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Mega Precious Metals Inc (TSXV: MGP) – Technical Chart |
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In the U.S. markets, BioFuel Energy Corp (NASDAQ: BIOF), Dendreon Corp (NASDAQ: DNDN), Perion Network Ltd (NASDAQ: PERI), Baxano Surgical Inc (NASDAQ: BAXS), and VirnetX Holding Corp (NYSE: VHC) witnessed strong price gains and breakouts above their 200 DMAs Monday. EPAM Systems Inc (NYSE: EPAM), Marin Software Inc (NYSE: MRIN), Opexa Therapeutics Inc (NASDAQ: OPXA), Rudolph Technologies Inc (NYSE: RTEC), and Dynamic Materials Corp (NASDAQ: BOOM) witnessed price declines and fell below their 200 DMAs Monday.
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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 |
Elgin Mining Inc |
27.3% |
0.28 |
0.22 |
Cortex Business Solutions Inc |
-17.2% |
0.12 |
0.13 |
|
Happy Creek Minerals Ltd |
23.8% |
0.13 |
0.12 |
Garibaldi Resources Corp |
-15.9% |
0.185 |
0.20 |
|
|
North American Palladium Ltd |
19.0% |
0.50 |
0.49 |
Arena Minerals Inc |
-15.0% |
0.34 |
0.37 |
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Dynacor Gold Mines Inc |
13.8% |
1.90 |
1.78 |
St Augustine Gold and Copper Ltd |
-13.6% |
0.19 |
0.19 |
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Forsys Metals Corp |
11.5% |
0.58 |
0.52 |
Colt Resources Inc |
-8.8% |
0.31 |
0.31 |
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|
50 DMA |
Happy Creek Minerals Ltd |
23.8% |
0.13 |
0.13 |
Cortex Business Solutions Inc |
-17.2% |
0.12 |
0.14 |
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Dynacor Gold Mines Inc |
13.8% |
1.90 |
1.80 |
Arena Minerals Inc |
-15.0% |
0.34 |
0.39 |
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Bacanora Minerals Ltd |
13.6% |
0.50 |
0.45 |
Premium Exploration Inc |
-14.3% |
0.18 |
0.20 |
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Azincourt Uranium Inc |
11.5% |
0.29 |
0.27 |
St Augustine Gold and Copper Ltd |
-13.6% |
0.19 |
0.19 |
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Katanga Mining Ltd |
6.0% |
0.45 |
0.43 |
Palliser Oil & Gas Corp |
-10.0% |
0.27 |
0.27 |
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|
200 DMA |
Mega Precious Metals Inc |
10.0% |
0.17 |
0.15 |
Reunion Gold Corp |
-15.4% |
0.11 |
0.13 |
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Rare Element Resources Ltd |
5.8% |
2.00 |
2.00 |
St Augustine Gold and Copper Ltd |
-13.6% |
0.19 |
0.21 |
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Aroway Energy Inc |
5.7% |
0.28 |
0.27 |
CUB Energy Inc |
-9.1% |
0.2 |
0.22 |
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Western Potash Corp |
3.6% |
0.43 |
0.43 |
US Oil Sands Inc |
-7.1% |
0.13 |
0.14 |
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Baytex Energy Corp |
3.1% |
41.63 |
41.22 |
Gabriel Resources Ltd |
-5.8% |
1.13 |
1.16 |
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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 |
xG Technology Inc |
50.0% |
1.95 |
1.59 |
EPAM Systems Inc |
-23.6% |
32.02 |
41.32 |
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Vimicro International Corp |
43.2% |
4.24 |
3.03 |
QIWI plc |
-16.7% |
38.82 |
39.33 |
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Dendreon Corp |
14.9% |
3.31 |
2.89 |
NewLink Genetics Corp |
-11.6% |
39.08 |
39.51 |
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Verso Paper Corp |
11.8% |
2.74 |
2.68 |
Harsco Corp |
-10.2% |
22.57 |
25.11 |
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Liquid Holdings Group Inc |
11.5% |
5.35 |
5.03 |
Celldex Therapeutics Inc |
-10.1% |
26.28 |
27.54 |
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50 DMA |
xG Technology Inc |
50.0% |
1.95 |
1.58 |
EPAM Systems Inc |
-23.6% |
32.02 |
39.05 |
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Dendreon Corp |
14.9% |
3.31 |
2.99 |
Great East Energy Inc |
-21.1% |
0.45 |
0.56 |
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Perion Network Ltd |
10.1% |
13.14 |
12.11 |
QIWI plc |
-16.7% |
38.82 |
45.10 |
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BSD Medical Corp |
6.1% |
1.21 |
1.20 |
Harvard Bioscience Inc |
-8.2% |
4.48 |
4.57 |
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Dresser-Rand Group Inc |
6.0% |
57.61 |
57.35 |
Trina Solar Ltd |
-8.0% |
14.75 |
14.88 |
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200 DMA |
BioFuel Energy Corp |
16.5% |
3.39 |
3.02 |
EPAM Systems Inc |
-23.6% |
32.02 |
33.35 |
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Dendreon Corp |
14.9% |
3.31 |
3.30 |
Marin Software Inc |
-3.9% |
11 |
11.28 |
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Perion Network Ltd |
10.1% |
13.14 |
12.05 |
Opexa Therapeutics Inc |
-3.8% |
1.75 |
1.76 |
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Baxano Surgical Inc |
7.9% |
1.64 |
1.55 |
Rudolph Technologies Inc |
-3.8% |
11.03 |
11.37 |
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VirnetX Holding Corp |
7.3% |
20.93 |
19.99 |
Dynamic Materials Corp |
-3.7% |
19.99 |
20.68 |
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