In the Canadian markets, Millrock Resources Inc (TSXV: MRO) gained 31% Wednesday, piercing the long term 200 DMA (Daily Moving Average) of C$0.09. Glen Eagle Resources Inc (TSXV: GER), CB Gold Inc (TSXV: CBJ), Frontier Rare Earths Ltd (TSX: FRO), and Claude Resources Inc (TSX: CRJ) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Sutter Gold Mining Inc (TSXV: SGM), Imris Inc (TSX: IM), Nemaska Lithium Inc (TSXV: NMX), Sirona Biochem Corp (TSXV: SBM), and LX Ventures Inc (TSXV: LXV).
Millrock Resources Inc (TSXV: MRO) – Technical Chart |
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In the U.S. markets, xG Technology Inc (NASDAQ: XGTI), Virtual Piggy Inc (OTC BB: VPIG), BSD Medical Corp (NASDAQ: BSDM), American Superconductor Corp (NASDAQ: AMSC), and PostRock Energy Corp (NASDAQ: PSTR) witnessed strong price gains and breakouts above their 200 DMAs Wednesday. Endeavour International Corp (NYSE: END), HCI Group Inc (NYSE: HCI), Synta Pharmaceuticals Corp (NASDAQ: SNTA), MGC Diagnostics Corp (NASDAQ: MGCD), and Getty Realty Corp (NYSE: GTY) witnessed price declines and fell below their 200 DMAs Wednesday.
Breakouts – Canada |
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DMA |
Bullish |
Bearish |
||||||
Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
|
30 DMA |
Millrock Resources Inc |
31.3% |
0.11 |
0.10 |
PRD Energy Inc |
-25.8% |
0.92 |
1.11 |
Wolfden Resources Corp |
28.6% |
0.18 |
0.16 |
Imris Inc |
-23.6% |
2.14 |
2.49 |
|
Winalta Inc |
13.1% |
0.95 |
0.87 |
Suroco Energy Inc |
-13.8% |
0.25 |
0.29 |
|
Graphite One Resources Inc |
10.0% |
0.17 |
0.16 |
New Zealand Energy Corp |
-7.8% |
0.235 |
0.25 |
|
Roxgold Inc |
9.7% |
0.68 |
0.63 |
IBC Advanced Alloys Corp |
-7.5% |
0.185 |
0.19 |
|
50 DMA |
Millrock Resources Inc |
31.3% |
0.11 |
0.09 |
Sutter Gold Mining Inc |
-40.0% |
0.105 |
0.17 |
Wolfden Resources Corp |
28.6% |
0.18 |
0.17 |
PRD Energy Inc |
-25.8% |
0.92 |
1.08 |
|
Glen Eagle Resources Inc |
23.5% |
0.21 |
0.17 |
Imris Inc |
-23.6% |
2.14 |
2.23 |
|
Winalta Inc |
13.1% |
0.95 |
0.85 |
IBC Advanced Alloys Corp |
-7.5% |
0.185 |
0.19 |
|
Graphite One Resources Inc |
10.0% |
0.17 |
0.15 |
Smart Employee Benefits Inc |
-7.4% |
0.5 |
0.50 |
|
200 DMA |
Millrock Resources Inc |
31.3% |
0.11 |
0.09 |
Sutter Gold Mining Inc |
-40.0% |
0.11 |
0.17 |
Glen Eagle Resources Inc |
23.5% |
0.21 |
0.21 |
Imris Inc |
-23.6% |
2.14 |
2.17 |
|
CB Gold Inc |
9.5% |
0.23 |
0.21 |
Nemaska Lithium Inc |
-10.7% |
0.125 |
0.13 |
|
Frontier Rare Earths Ltd |
9.3% |
0.41 |
0.41 |
Sirona Biochem Corp |
-3.6% |
0.135 |
0.14 |
|
Claude Resources Inc |
4.9% |
0.22 |
0.21 |
LX Ventures Inc |
-2.9% |
0.335 |
0.34 |
Breakouts – U.S. |
||||||||
DMA |
Bullish |
Bearish |
||||||
Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
|
30 DMA |
Armco Metals Holdings Inc |
22.9% |
0.47 |
0.39 |
XOMA Corp |
-27.8% |
6.82 |
7.87 |
Bazaarvoice Inc |
19.7% |
8.13 |
7.20 |
USEC Inc |
-20.9% |
4.4 |
4.99 |
|
Aethlon Medical Inc |
19.3% |
0.20 |
0.18 |
HCI Group Inc |
-19.0% |
40.39 |
44.63 |
|
Smith & Wesson Holding Corp |
16.4% |
13.74 |
12.64 |
Synta Pharmaceuticals Corp |
-13.5% |
5.58 |
6.00 |
|
Midstates Petroleum Co Inc |
14.3% |
5.20 |
4.86 |
Canadian Solar Inc |
-10.6% |
39.02 |
39.17 |
|
50 DMA |
Armco Metals Holdings Inc |
22.9% |
0.47 |
0.39 |
XOMA Corp |
-27.8% |
6.82 |
7.71 |
Bazaarvoice Inc |
19.7% |
8.13 |
7.43 |
USEC Inc |
-20.9% |
4.4 |
5.20 |
|
Aethlon Medical Inc |
19.3% |
0.20 |
0.18 |
HCI Group Inc |
-19.0% |
40.39 |
47.30 |
|
Smith & Wesson Holding Corp |
16.4% |
13.74 |
13.17 |
Synta Pharmaceuticals Corp |
-13.5% |
5.58 |
5.88 |
|
support.com Inc |
14.1% |
3.07 |
2.95 |
Quicksilver Resources Inc |
-6.6% |
3.09 |
3.18 |
|
200 DMA |
xG Technology Inc |
128.4% |
4.98 |
4.75 |
Endeavour International Corp |
-23.5% |
3.93 |
5.06 |
Virtual Piggy Inc |
18.6% |
1.66 |
1.65 |
HCI Group Inc |
-19.0% |
40.39 |
40.48 |
|
BSD Medical Corp |
16.0% |
1.45 |
1.35 |
Synta Pharmaceuticals Corp |
-13.5% |
5.58 |
5.68 |
|
American Superconductor Corp |
13.3% |
2.22 |
2.14 |
MGC Diagnostics Corp |
-10.4% |
10.2 |
10.33 |
|
PostRock Energy Corp |
13.0% |
1.48 |
1.42 |
Getty Realty Corp |
-4.6% |
19.09 |
19.44 |
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