In the Canadian markets, Orca Gold Inc (TSXV: ORG) gained 10% Wednesday, piercing the long term 200 DMA (Daily Moving Average) of C$0.47. First Majestic Silver Corp (TSX: FR), Batero Gold Corp (TSXV: BAT), Energold Drilling Corp (TSXV: EGD), and Labrador Iron Ore Royalty Corp (TSX: LIF) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Junex Inc (TSXV: JNX), Yorbeau Resources Inc (TSX: YRB/A), Touchstone Exploration Inc (TSXV: TAB), Mountain Province Diamonds Inc (TSX: MPV), and Turquoise Hill Resources Ltd (TSX: TRQ).
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Orca Gold Inc (TSXV: ORG) – Technical Chart |
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In the U.S. markets, OXiGENE Inc (NASDAQ: OXGN), EPL Oil & Gas Inc (NYSE: EPL), MER Telemanagement Solutions (NASDAQ: MTSL), Acura Pharmaceuticals Inc (NASDAQ: ACUR), and JDS Uniphase Corp (NASDAQ: JDSU) witnessed strong price gains and breakouts above their 200 DMAs Wednesday. Geron Corp (NASDAQ: GERN), Hyperdynamics Corp (NYSE: HDY), Horizon Technology Finance Corp (NASDAQ: HRZN), QIWI plc (NASDAQ: QIWI), and Parametric Sound Corp (NASDAQ: PAMT) 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 |
Focus Ventures Ltd |
20.8% |
0.29 |
0.25 |
Falco Pacific Resource Group I |
-9.0% |
0.61 |
0.65 |
|
Barkerville Gold Mines Ltd |
17.3% |
0.61 |
0.58 |
Great Quest Metals Ltd |
-8.6% |
1.7 |
1.80 |
|
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Valdor Technology International Inc |
15.0% |
0.12 |
0.11 |
Spyglass Resources Corp |
-8.2% |
1.91 |
2.03 |
|
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Valeura Energy Inc |
14.9% |
0.54 |
0.48 |
Condor Petroleum Inc/Canada |
-7.9% |
0.35 |
0.38 |
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Cordoba Minerals Corp |
11.1% |
0.60 |
0.58 |
Zecotek Photonics Inc |
-7.9% |
0.82 |
0.86 |
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|
50 DMA |
Barkerville Gold Mines Ltd |
17.3% |
0.61 |
0.58 |
Spyglass Resources Corp |
-8.2% |
1.91 |
1.99 |
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Happy Creek Minerals Ltd |
15.4% |
0.15 |
0.13 |
Zecotek Photonics Inc |
-7.9% |
0.82 |
0.83 |
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Valdor Technology International Inc |
15.0% |
0.12 |
0.10 |
Junex Inc |
-6.9% |
0.54 |
0.57 |
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Cordoba Minerals Corp |
11.1% |
0.60 |
0.55 |
Petrofrontier Corp |
-6.7% |
0.21 |
0.21 |
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Ryan Gold Corp |
10.3% |
0.16 |
0.15 |
Stellar Biotechnologies Inc |
-5.9% |
1.75 |
1.76 |
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|
200 DMA |
Orca Gold Inc |
10.2% |
0.49 |
0.47 |
Junex Inc |
-6.9% |
0.54 |
0.54 |
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First Majestic Silver Corp |
3.5% |
12.36 |
12.04 |
Yorbeau Resources Inc |
-5.4% |
0.175 |
0.18 |
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Batero Gold Corp |
3.3% |
0.16 |
0.15 |
Touchstone Exploration Inc |
-5.0% |
0.19 |
0.19 |
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Energold Drilling Corp |
2.2% |
1.84 |
1.84 |
Mountain Province Diamonds Inc |
-3.9% |
5.2 |
5.25 |
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Labrador Iron Ore Royalty Corp |
0.7% |
31.41 |
31.35 |
Turquoise Hill Resources Ltd |
-3.5% |
3.85 |
3.99 |
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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 |
Zhone Technologies Inc |
21.5% |
4.86 |
4.01 |
Zogenix Inc |
-22.7% |
3.51 |
4.42 |
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Infinera Corp |
14.9% |
9.71 |
8.54 |
Sigmatron International Inc |
-18.5% |
8.74 |
10.08 |
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FluoroPharma Medical Inc |
11.8% |
0.62 |
0.56 |
Lightbridge Corp |
-12.9% |
2.76 |
2.92 |
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Intrexon Corp |
11.5% |
30.55 |
28.40 |
Raven Industries Inc |
-11.1% |
35.34 |
36.98 |
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NeuroMetrix Inc |
10.8% |
2.56 |
2.48 |
Biostar Pharmaceuticals Inc |
-9.3% |
2.15 |
2.32 |
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|
50 DMA |
OXiGENE Inc |
77.3% |
4.29 |
2.52 |
Zogenix Inc |
-22.7% |
3.51 |
4.26 |
|
Zhone Technologies Inc |
21.5% |
4.86 |
4.61 |
Sigmatron International Inc |
-18.5% |
8.74 |
9.75 |
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Infinera Corp |
14.9% |
9.71 |
8.66 |
Raven Industries Inc |
-11.1% |
35.34 |
37.62 |
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MER Telemanagement Solutions |
13.1% |
2.10 |
2.07 |
Biostar Pharmaceuticals Inc |
-9.3% |
2.15 |
2.29 |
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FluoroPharma Medical Inc |
11.8% |
0.62 |
0.59 |
Global Ship Lease Inc |
-7.5% |
5.05 |
5.46 |
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|
200 DMA |
OXiGENE Inc |
77.3% |
4.29 |
2.65 |
Geron Corp |
-61.6% |
1.69 |
3.30 |
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EPL Oil & Gas Inc |
28.8% |
37.50 |
31.31 |
Hyperdynamics Corp |
-58.4% |
2.19 |
4.32 |
|
|
MER Telemanagement Solutions |
13.1% |
2.10 |
2.01 |
Horizon Technology Finance Corp |
-11.8% |
12.43 |
13.93 |
|
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Acura Pharmaceuticals Inc |
7.7% |
1.81 |
1.79 |
QIWI plc |
-4.4% |
35.82 |
36.26 |
|
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JDS Uniphase Corp |
5.4% |
14.01 |
13.70 |
Parametric Sound Corp |
-3.5% |
14.51 |
14.67 |
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