Technical Breakouts to Watch for May 07, 2014 (TSXV: MJS) (NASDAQ: ARCI)

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In the Canadian markets, Majestic Gold Corp (TSXV: MJS) gained 28% Tuesday, piercing the long term 200 DMA (Daily Moving Average) of C$0.11. Tembec Inc (TSX: TMB), biOasis Technologies Inc (TSXV: BTI), Manitoba Telecom Services Inc (TSX: MBT), and Andrew Peller Ltd (TSX: ADW/A) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Kombat Copper Inc (TSXV: KBT), Uex Corp (TSX: UEX), Denison Mines Corp (TSX: DML), Ainsworth Lumber Co Ltd (TSX: ANS), and Falco Pacific Resource Group I (TSXV: FPC).

Majestic Gold Corp (TSXV: MJS) – Technical Chart

Majestic Gold Corp (TSXV: MJS)

In the U.S. markets, Appliance Recycling Centers of America Inc (NASDAQ: ARCI), Dex Media Inc (NASDAQ: DXM), Sypris Solutions Inc (NASDAQ: SYPR), Office Depot Inc (NYSE: ODP), and Bill Barrett Corp (NYSE: BBG) witnessed strong price gains and breakouts above their 200 DMAs Tuesday. Quantum Fuel Systems Technologies Worldwide Inc (NASDAQ: QTWW), Hyperdynamics Corp (NYSE: HDY), Capstone Turbine Corp (NASDAQ: CPST), Tree.com Inc (NASDAQ: TREE), and MWI Veterinary Supply Inc (NASDAQ: MWIV) witnessed price declines and fell below their 200 DMAs Tuesday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Marksmen Energy Inc
(TSXV: MAH)

109.1%

0.46

0.23

Corvus Gold Inc
(TSX: KOR)

-8.8%

1.34

1.45

East West Petroleum Corp
(TSXV: EW)

14.3%

0.36

0.35

Falcon Oil & Gas Ltd
(TSXV: FO)

-8.3%

0.165

0.17

Canada Carbon Inc
(TSXV: CCB)

8.8%

0.19

0.17

Corridor Resources Inc
(TSX: CDH)

-7.4%

2

2.03

CO2 Solutions Inc
(TSXV: CST)

6.3%

0.17

0.17

Cipher Pharmaceuticals Inc
(TSX: DND)

-6.2%

7.93

7.95

Goldquest Mining Corp
(TSXV: GQC)

5.1%

0.31

0.31

Changfeng Energy Inc
(TSXV: CFY)

-5.0%

0.38

0.39

50 DMA

Tembec Inc
(TSX: TMB)

9.6%

2.73

2.50

Falcon Oil & Gas Ltd
(TSXV: FO)

-8.3%

0.165

0.18

Canada Carbon Inc
(TSXV: CCB)

8.8%

0.19

0.18

Corridor Resources Inc
(TSX: CDH)

-7.4%

2

2.00

Solium Capital Inc
(TSX: SUM)

6.1%

7.29

7.11

Changfeng Energy Inc
(TSXV: CFY)

-5.0%

0.38

0.39

Erdene Resource Development Corp
(TSX: ERD)

5.9%

0.18

0.18

Petroamerica Oil Corp
(TSXV: PTA)

-4.8%

0.295

0.30

COM DEV International Ltd
(TSX: CDV)

5.6%

3.95

3.79

Intrinsyc Software International Inc
(TSX: ICS)

-4.0%

0.12

0.12

200 DMA

Majestic Gold Corp
(TSXV: MJS)

27.8%

0.12

0.11

Kombat Copper Inc
(TSXV: KBT)

-12.0%

0.11

0.11

Tembec Inc
(TSX: TMB)

9.6%

2.73

2.62

Uex Corp
(TSX: UEX)

-6.6%

0.425

0.44

biOasis Technologies Inc
(TSXV: BTI)

5.4%

0.98

0.97

Denison Mines Corp
(TSX: DML)

-4.9%

1.35

1.35

Manitoba Telecom Services Inc
(TSX: MBT)

2.1%

31.14

30.75

Ainsworth Lumber Co Ltd
(TSX: ANS)

-3.9%

3.7

3.81

Andrew Peller Ltd
(TSX: ADW/A)

1.8%

14.00

13.80

Falco Pacific Resource Group I
(TSXV: FPC)

-3.4%

0.425

0.44

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Dex Media Inc
(NASDAQ: DXM)

22.9%

9.40

8.32

Fluidigm Corp
(NASDAQ: FLDM)

-16.1%

32.78

38.34

Forest Oil Corp
(NYSE: FST)

13.4%

2.03

1.88

KiOR Inc
(NASDAQ: KIOR)

-16.0%

0.6216

0.63

Medizone International Inc
(OTC BB: MZEI)

10.5%

0.21

0.20

Puget Technologies Inc
(OTC BB: PUGE)

-14.0%

0.36

0.41

Sagent Pharmaceuticals Inc
(NASDAQ: SGNT)

9.7%

21.76

21.60

Fabrinet
(NYSE: FN)

-13.9%

18.99

20.89

NN Inc
(NASDAQ: NNBR)

9.2%

21.11

19.83

Quicksilver Resources Inc
(NYSE: KWK)

-13.3%

2.81

2.90

50 DMA

Appliance Recycling Centers of America Inc (NASDAQ: ARCI)

28.4%

3.70

2.91

Fabrinet
(NYSE: FN)

-13.9%

18.99

20.45

Dex Media Inc
(NASDAQ: DXM)

22.9%

9.40

8.08

Quicksilver Resources Inc
(NYSE: KWK)

-13.3%

2.81

2.90

Office Depot Inc
(NYSE: ODP)

15.8%

4.83

4.36

Boston Therapeutics Inc
(OTC BB: BTHE)

-12.9%

0.61

0.66

Forest Oil Corp
(NYSE: FST)

13.4%

2.03

1.90

MWI Veterinary Supply Inc
(NASDAQ: MWIV)

-11.7%

144.86

158.25

Carmike Cinemas Inc
(NASDAQ: CKEC)

10.1%

32.89

30.27

General Moly Inc
(NYSE: GMO)

-9.7%

1.02

1.08

200 DMA

Appliance Recycling Centers of America Inc (NASDAQ: ARCI)

28.4%

3.70

3.00

Quantum Fuel Systems Technologies Worldwide Inc (NASDAQ: QTWW)

-51.9%

3.04

6.08

Dex Media Inc
(NASDAQ: DXM)

22.9%

9.40

7.97

Hyperdynamics Corp
(NYSE: HDY)

-17.3%

3.69

3.91

Sypris Solutions Inc
(NASDAQ: SYPR)

16.9%

3.45

3.01

Capstone Turbine Corp
(NASDAQ: CPST)

-14.7%

1.45

1.50

Office Depot Inc
(NYSE: ODP)

15.8%

4.83

4.77

Tree.com Inc
(NASDAQ: TREE)

-13.6%

25.14

28.98

Bill Barrett Corp
(NYSE: BBG)

5.7%

26.17

25.27

MWI Veterinary Supply Inc
(NASDAQ: MWIV)

-11.7%

144.86

160.15

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