Technical Breakouts to Watch for May 08, 2014 (TSX: SWY) (NASDAQ: CZR)

Published:

In the Canadian markets, Stornoway Diamond Corp (TSX: SWY) gained 5% Wednesday, piercing the long term 200 DMA (Daily Moving Average) of C$0.78. Columbus Gold Corp (TSXV: CGT), Titan Logix Corp (TSXV: TLA), Aimia Inc (TSX: AIM), and Dundee Real Estate Investment Trust (TSX: D-U) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Sintana Energy Inc (TSXV: SNN), Avigilon Corp (TSX: AVO), TransGlobe Energy Corp (TSX: TGL), Cott Corp (TSX: BCB), and Corvus Gold Inc (TSX: KOR).

Stornoway Diamond Corp (TSX: SWY) – Technical Chart

Sandstorm Metals & Energy Ltd (TSXV: SND)

In the U.S. markets, Caesars Entertainment Corp (NASDAQ: CZR), Enphase Energy Inc (NASDAQ: ENPH), Hyperdynamics Corp (NYSE: HDY), Tornier NV (NASDAQ: TRNX), and Sucampo Pharmaceuticals Inc (NASDAQ: SCMP) witnessed strong price gains and breakouts above their 200 DMAs Wednesday. Corcept Therapeutics Inc (NASDAQ: CORT), Oclaro Inc (NASDAQ: OCLR), Datalink Corp (NASDAQ: DTLK), AOL Inc (NYSE: AOL), and W&T Offshore Inc (NYSE: WTI) witnessed price declines and fell below their 200 DMAs Wednesday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Naturally Splendid Enterprises Ltd
(TSXV: NSP)

21.4%

0.34

0.30

Sutter Gold Mining Inc
(TSXV: SGM)

-23.3%

0.115

0.13

Peregrine Diamonds Ltd
(TSX: PGD)

15.9%

0.48

0.43

Southern Pacific Resource Corp
(TSX: STP)

-20.0%

0.26

0.30

Tellza Communications Inc
(TSX: TEL)

13.8%

0.17

0.15

East West Petroleum Corp
(TSXV: EW)

-13.9%

0.31

0.35

Stakeholder Gold Corp
(TSXV: SRC)

10.5%

0.21

0.20

TransGlobe Energy Corp
(TSX: TGL)

-11.4%

7.94

8.42

Norsat International Inc
(TSX: NII)

9.1%

0.54

0.52

Led Medical Diagnostics Inc
(TSXV: LMD)

-9.3%

0.49

0.50

50 DMA

Peregrine Diamonds Ltd
(TSX: PGD)

15.9%

0.48

0.46

Sutter Gold Mining Inc
(TSXV: SGM)

-23.3%

0.115

0.14

Tellza Communications Inc
(TSX: TEL)

13.8%

0.17

0.15

Southern Pacific Resource Corp
(TSX: STP)

-20.0%

0.26

0.26

Norsat International Inc
(TSX: NII)

9.1%

0.54

0.53

TransGlobe Energy Corp
(TSX: TGL)

-11.4%

7.94

8.40

Colabor Group Inc
(TSX: GCL)

5.1%

4.10

4.07

Essential Energy Services Ltd
(TSX: ESN)

-7.7%

2.76

2.78

Alaris Royalty Corp
(TSX: AD)

3.8%

28.98

28.75

Canada Carbon Inc
(TSXV: CCB)

-5.4%

0.175

0.18

200 DMA

Stornoway Diamond Corp
(TSX: SWY)

5.3%

0.80

0.78

Sintana Energy Inc
(TSXV: SNN)

-18.5%

0.11

0.12

Columbus Gold Corp
(TSXV: CGT)

2.8%

0.37

0.36

Avigilon Corp
(TSX: AVO)

-16.5%

21.82

25.43

Titan Logix Corp
(TSXV: TLA)

2.4%

1.30

1.29

TransGlobe Energy Corp
(TSX: TGL)

-11.4%

7.94

8.41

Aimia Inc
(TSX: AIM)

1.0%

18.08

17.98

Cott Corp
(TSX: BCB)

-10.0%

7.9

8.69

Dundee Real Estate Investment Trust
(TSX: D-U)

0.7%

29.13

29.09

Corvus Gold Inc
(TSX: KOR)

-8.2%

1.23

1.31

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Global Cash Access Holdings Inc
(NYSE: GCA)

21.4%

7.94

6.77

Corcept Therapeutics Inc
(NASDAQ: CORT)

-50.5%

1.99

3.95

Strayer Education Inc
(NASDAQ: STRA)

21.1%

51.87

44.24

Endeavour International Corp
(NYSE: END)

-25.7%

2.52

3.18

Air Transport Services Group Inc
(NASDAQ: ATSG)

20.8%

9.25

7.85

Aegerion Pharmaceuticals Inc
(NASDAQ: AEGR)

-21.6%

34.63

43.55

Richfield Oil & Gas Co
(OTC BB: ROIL)

14.3%

0.24

0.22

AOL Inc
(NYSE: AOL)

-20.6%

34.85

42.74

Caesars Entertainment Corp
(NASDAQ: CZR)

14.1%

21.18

18.72

W&T Offshore Inc
(NYSE: WTI)

-12.8%

16.21

18.15

50 DMA

Global Cash Access Holdings Inc
(NYSE: GCA)

21.4%

7.94

7.40

Corcept Therapeutics Inc
(NASDAQ: CORT)

-50.5%

1.99

3.90

Strayer Education Inc
(NASDAQ: STRA)

21.1%

51.87

45.36

AOL Inc
(NYSE: AOL)

-20.6%

34.85

42.97

Richfield Oil & Gas Co
(OTC BB: ROIL)

14.3%

0.24

0.23

Cyan Inc
(NYSE: CYNI)

-14.3%

3.6

4.09

Caesars Entertainment Corp
(NASDAQ: CZR)

14.1%

21.18

21.12

W&T Offshore Inc
(NYSE: WTI)

-12.8%

16.21

17.04

Pegasystems Inc
(NASDAQ: PEGA)

13.4%

18.87

18.15

Fresh Market Inc/The
(NASDAQ: TFM)

-10.4%

32.11

34.90

200 DMA

Caesars Entertainment Corp
(NASDAQ: CZR)

14.1%

21.18

20.55

Corcept Therapeutics Inc
(NASDAQ: CORT)

-50.5%

1.99

2.65

Enphase Energy Inc
(NASDAQ: ENPH)

12.2%

7.80

7.42

Oclaro Inc
(NASDAQ: OCLR)

-33.5%

1.77

2.25

Hyperdynamics Corp
(NYSE: HDY)

8.4%

4.00

3.91

Datalink Corp
(NASDAQ: DTLK)

-26.2%

9.39

12.64

Tornier NV
(NASDAQ: TRNX)

8.4%

19.37

19.03

AOL Inc
(NYSE: AOL)

-20.6%

34.85

40.99

Sucampo Pharmaceuticals Inc
(NASDAQ: SCMP)

7.5%

7.30

7.29

W&T Offshore Inc
(NYSE: WTI)

-12.8%

16.21

16.46

Related articles

Recent articles