Technical Breakouts to Watch for May 09, 2014 (TSXV: TEN) (NYSE: KEM)

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In the Canadian markets, Terraco Gold Corp (TSXV: TEN) gained 14% Thursday, piercing the long term 200 DMA (Daily Moving Average) of C$0.12. Critical Elements Corp (TSXV: CRE), Victoria Gold Corp (TSXV: VIT), Wolfden Resources Corp, and Northern Property Real Estate Investment Trust (TSX: NPR-U) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Montana Exploration Corp (TSXV: MTZ), Fission Uranium Corp (TSXV: FCU), Integra Gold Corp (TSXV: ICG), Cascades Inc (TSX: CAS), and Tekmira Pharmaceuticals Corp (TSX: TKM).

Terraco Gold Corp (TSXV: TEN) – Technical Chart

Terraco Gold Corp (TSXV: TEN)

In the U.S. markets, Kemet Corp (NYSE: KEM), Cincinnati Bell Inc (NYSE: CBB), CYREN Ltd (NASDAQ: CYRN), Zumiez Inc (NASDAQ: ZUMZ), and 1st United Bancorp Inc/Boca Raton (NASDAQ: FUBC) witnessed strong price gains and breakouts above their 200 DMAs Thursday. Career Education Corp (NASDAQ: CECO), Vanda Pharmaceuticals Inc (NASDAQ: VNDA), Niska Gas Storage Partners LLC (NYSE: NKA), Andersons Inc/The (NASDAQ: ANDE), and BioCryst Pharmaceuticals Inc (NASDAQ: BCRX) witnessed price declines and fell below their 200 DMAs Thursday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Linamar Corp
(TSX: LNR)

12.0%

58.89

53.64

Petromanas Energy Inc
(TSXV: PMI)

-11.5%

0.23

0.23

Critical Elements Corp
(TSXV: CRE)

8.8%

0.19

0.18

Peregrine Diamonds Ltd
(TSX: PGD)

-10.5%

0.425

0.43

Symbility Solutions Inc
(TSXV: SY)

8.8%

0.37

0.37

Connacher Oil and Gas Ltd
(TSX: CLL)

-10.2%

0.265

0.29

Orex Minerals Inc
(TSXV: REX)

6.5%

0.25

0.24

Stakeholder Gold Corp
(TSXV: SRC)

-9.5%

0.19

0.20

Pivot Technology Solutions Inc
(TSXV: PTG)

5.6%

0.19

0.18

BlackPearl Resources Inc
(TSX: PXX)

-9.5%

2.77

2.87

50 DMA

Taipan Resources Inc
(TSXV: TPN)

11.1%

0.45

0.42

Peregrine Diamonds Ltd
(TSX: PGD)

-10.5%

0.425

0.46

Critical Elements Corp
(TSXV: CRE)

8.8%

0.19

0.18

Montana Exploration Corp
(TSXV: MTZ)

-10.4%

0.215

0.23

Symbility Solutions Inc
(TSXV: SY)

8.8%

0.37

0.34

Gasfrac Energy Services Inc
(TSX: GFS)

-6.8%

1.79

1.84

Graphite One Resources Inc
(TSXV: GPH)

5.6%

0.19

0.19

Aecon Group Inc
(TSX: ARE)

-6.8%

17.25

17.48

Tree Island Steel Ltd
(TSX: TSL)

3.6%

1.14

1.14

InZinc Mining Ltd
(TSXV: IZN)

-6.1%

0.155

0.16

200 DMA

Terraco Gold Corp
(TSXV: TEN)

13.6%

0.13

0.12

Montana Exploration Corp
(TSXV: MTZ)

-10.4%

0.22

0.23

Critical Elements Corp
(TSXV: CRE)

8.8%

0.19

0.18

Fission Uranium Corp
(TSXV: FCU)

-9.1%

1.1

1.17

Victoria Gold Corp
(TSXV: VIT)

4.0%

0.13

0.13

Integra Gold Corp
(TSXV: ICG)

-6.4%

0.22

0.22

Wolfden Resources Corp
(TSXV: WLF)

2.6%

0.20

0.19

Cascades Inc
(TSX: CAS)

-5.6%

6.08

6.40

Northern Property Real Estate Investment Trust (TSX: NPR-U)

0.3%

27.85

27.80

Tekmira Pharmaceuticals Corp
(TSX: TKM)

-5.6%

12.52

12.65

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Chelsea Therapeutics International Ltd
(NASDAQ: CHTP)

31.6%

6.58

5.18

iPass Inc
(NASDAQ: IPAS)

-29.0%

1.15

1.61

THT Heat Transfer Technology Inc
(NASDAQ: THTI)

18.2%

1.35

1.24

MeetMe Inc
(NYSE: MEET)

-22.3%

2.4

3.00

Walter Investment Management Corp
(NYSE: WAC)

17.3%

29.13

27.84

GTT Communications Inc
(NYSE: GTT)

-20.6%

8.65

10.83

Cincinnati Bell Inc
(NYSE: CBB)

15.9%

3.72

3.47

PMFG Inc
(NASDAQ: PMFG)

-20.6%

4.56

5.58

Omega Protein Corp
(NYSE: OME)

15.1%

13.34

12.04

VAALCO Energy Inc
(NYSE: EGY)

-18.9%

7.15

8.61

50 DMA

Chelsea Therapeutics International Ltd
(NASDAQ: CHTP)

31.6%

6.58

5.42

iPass Inc
(NASDAQ: IPAS)

-29.0%

1.15

1.59

THT Heat Transfer Technology Inc
(NASDAQ: THTI)

18.2%

1.35

1.32

VAALCO Energy Inc
(NYSE: EGY)

-18.9%

7.15

7.91

Walter Investment Management Corp
(NYSE: WAC)

17.3%

29.13

27.91

Niska Gas Storage Partners LLC
(NYSE: NKA)

-15.3%

12.99

14.59

Cincinnati Bell Inc
(NYSE: CBB)

15.9%

3.72

3.51

Andersons Inc/The
(NASDAQ: ANDE)

-14.9%

52.6

59.29

Omega Protein Corp
(NYSE: OME)

15.1%

13.34

11.97

Inter Parfums Inc
(NASDAQ: IPAR)

-10.2%

32.11

34.92

200 DMA

Kemet Corp
(NYSE: KEM)

16.9%

5.27

5.25

Career Education Corp
(NASDAQ: CECO)

-26.3%

4.94

5.04

Cincinnati Bell Inc
(NYSE: CBB)

15.9%

3.72

3.30

Vanda Pharmaceuticals Inc
(NASDAQ: VNDA)

-20.5%

10.14

12.17

CYREN Ltd
(NASDAQ: CYRN)

11.8%

3.22

3.03

Niska Gas Storage Partners LLC
(NYSE: NKA)

-15.3%

12.99

14.81

Zumiez Inc
(NASDAQ: ZUMZ)

11.0%

27.54

25.98

Andersons Inc/The
(NASDAQ: ANDE)

-14.9%

52.6

52.89

1st United Bancorp Inc/Boca Raton
(NASDAQ: FUBC)

9.3%

7.99

7.55

BioCryst Pharmaceuticals Inc
(NASDAQ: BCRX)

-13.8%

7.37

7.93

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