Technical Breakouts to Watch for March 31, 2014 (TSXV: VTI) (NASDAQ: CMGE)

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In the Canadian markets, Valdor Technology International Inc (TSXV: VTI) gained 16.7% Friday, piercing the long term 200 DMA (Daily Moving Average) at C$0.13. The stock ended the last session at C$0.14 with significant volume of 176,925 shares. Levon Resources Ltd (TSX: LVN), Kivalliq Energy Corp (TSXV: KIV), Gasfrac Energy Services Inc (TSX: GFS) and Critical Elements Corp (TSXV: CRE) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Solid Resources Ltd (TSXV: SRW), BlackBerry Ltd (TSX: BB), Brookfield Property Partners LP (TSX: BPY-U), Pacific Rubiales Energy Corp (TSX: PRE) and Acadian Timber Corp (TSX: ADN)

Valdor Technology International Inc (TSXV: VTI) – Technical Chart

In the U.S. markets, China Mobile Games & Entertainment Group Ltd (NASDAQ: CMGE), Northern Oil and Gas Inc (NYSE: NOG), Fairchild Semiconductor International Inc (NASDAQ: FCS), Regency Energy Partners LP (NYSE: RGP) and CVR Energy Inc (NYSE: CVI) witnessed strong price gains and breakouts above their 200 DMAs Friday. Whiting USA Trust I (NYSE: WHX), Metabolix Inc (NASDAQ: MBLX), Zogenix Inc (NASDAQ: ZGNX), Orexigen Therapeutics Inc (NASDAQ: OREX) and KYTHERA Biopharmaceuticals Inc (NASDAQ: KYTH) witnessed price declines and fell below their 200 DMAs Friday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Spectra7 Microsystems Inc
(TSXV: SEV)

44.8%

0.42

0.41

New Millennium Iron Corp
(TSX: NML)

-14.3%

0.42

0.48

Xmet Inc
(TSXV: XME)

18.2%

0.13

0.12

Bacanora Minerals Ltd
(TSXV: BCN)

-10.0%

0.41

0.43

Moneta Porcupine Mines Inc
(TSX: ME)

11.5%

0.15

0.13

Suroco Energy Inc
(TSXV: SRN)

-9.8%

0.28

0.28

U308 Corp
(TSX: UWE)

9.1%

0.18

0.18

Yoho Resources Inc
(TSXV: YO)

-8.6%

2.24

2.36

Kivalliq Energy Corp
(TSXV: KIV)

8.7%

0.25

0.24

Advanced Proteome Therapeutics Corp (TSXV: APC)

-6.5%

0.29

0.30

50 DMA

Xmet Inc
(TSXV: XME)

18.2%

0.13

0.13

Tekmira Pharmaceuticals Corp
(TSX: TKM)

-14.5%

21.51

21.75

Marlin Gold Mining Ltd
(TSXV: MLN)

14.3%

0.12

0.11

Bacanora Minerals Ltd
(TSXV: BCN)

-10.0%

0.41

0.44

Kivalliq Energy Corp
(TSXV: KIV)

8.7%

0.25

0.24

Suroco Energy Inc
(TSXV: SRN)

-9.8%

0.28

0.28

Romarco Minerals Inc
(TSX: R)

7.5%

0.72

0.67

Yoho Resources Inc
(TSXV: YO)

-8.6%

2.24

2.27

Manitok Energy Inc
(TSXV: MEI)

6.7%

2.54

2.42

Advanced Proteome Therapeutics Corp
(TSXV: APC)

-6.5%

0.29

0.30

200 DMA

Valdor Technology International Inc
(TSXV: VTI)

16.7%

0.14

0.13

Solid Resources Ltd
(TSXV: SRW)

-7.7%

0.12

0.13

Levon Resources Ltd
(TSX: LVN)

11.1%

0.30

0.29

BlackBerry Ltd
(TSX: BB)

-0.6%

20.86

20.87

Kivalliq Energy Corp
(TSXV: KIV)

8.7%

0.25

0.24

Brookfield Property Partners LP
(TSX: BPY-U)

-0.3%

19.16

19.20

Gasfrac Energy Services Inc
(TSX: GFS)

6.7%

1.76

1.75

Pacific Rubiales Energy Corp
(TSX: PRE)

-0.3%

19.16

19.20

Critical Elements Corp
(TSXV: CRE)

6.3%

0.17

0.17

Acadian Timber Corp
(TSX: ADN)

-0.1%

12.89

12.89

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Genco Shipping & Trading Ltd
(NYSE: GNK)

18.2%

1.69

1.55

Whiting USA Trust I
(NYSE: WHX)

-35.1%

3.50

5.20

GigOptix Inc
(NYSE: GIG)

7.7%

1.67

1.67

ZBB Energy Corp
(NYSE: ZBB)

-16.6%

1.81

1.83

PGT Inc
(NASDAQ: PGTI)

7.3%

12.08

11.59

Metabolix Inc
(NASDAQ: MBLX)

-14.3%

1.20

1.36

Synergy Resources Corp
(NYSE: SYRG)

6.5%

10.67

10.32

Clovis Oncology Inc
(NASDAQ: CLVS)

-12.4%

70.33

79.45

Veeco Instruments Inc
(NASDAQ: VECO)

5.9%

41.43

40.88

Oculus Innovative Sciences Inc
(NASDAQ: OCLS)

-11.5%

3.85

4.16

50 DMA

BofI Holding Inc
(NASDAQ: BOFI)

14.4%

87.90

87.60

Metabolix Inc
(NASDAQ: MBLX)

-14.3%

1.20

1.39

GigOptix Inc
(NYSE: GIG)

7.7%

1.67

1.65

Clovis Oncology Inc
(NASDAQ: CLVS)

-12.4%

70.33

74.69

Verso Paper Corp
(NYSE: VRS)

7.5%

2.73

2.62

Lightbridge Corp
(NASDAQ: LTBR)

-11.8%

2.55

2.81

Veeco Instruments Inc
(NASDAQ: VECO)

5.9%

41.43

39.45

Insys Therapeutics Inc
(NASDAQ: INSY)

-8.7%

40.79

41.94

Meritor Inc
(NYSE: MTOR)

5.2%

11.84

11.39

Ophthotech Corp
(NASDAQ: OPHT)

-7.8%

33.20

34.19

200 DMA

China Mobile Games & Entertainment Group Ltd
(NASDAQ: CMGE)

6.9%

20.42

19.98

Whiting USA Trust I
(NYSE: WHX)

-35.1%

3.50

4.94

Northern Oil and Gas Inc
(NYSE: NOG)

2.7%

14.49

14.49

Metabolix Inc
(NASDAQ: MBLX)

-14.3%

1.20

1.32

Fairchild Semiconductor International Inc
(NASDAQ: FCS)

1.9%

13.30

13.11

Zogenix Inc
(NASDAQ: ZGNX)

-6.8%

2.73

2.76

Regency Energy Partners LP
(NYSE: RGP)

1.7%

26.91

26.60

Orexigen Therapeutics Inc
(NASDAQ: OREX)

-5.1%

6.19

6.36

CVR Energy Inc
(NYSE: CVI)

1.6%

41.56

41.41

KYTHERA Biopharmaceuticals Inc
(NASDAQ: KYTH)

-4.6%

37.26

37.82

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