Technical Breakouts to Watch for September 02, 2014 (TSX: ISM) (NASDAQ: UTHR)

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In the Canadian markets, Inspiration Mining Corp (TSX: ISM) gained 53% Friday, piercing the long term 200 DMA (Daily Moving Average) of C$0.09. Cornerstone Capital Resources Inc (TSXV: CGP), Lithium Americas Corp (TSX: LAC), PyroGenesis Canada Inc (TSXV: PYR), and I-Minerals Inc (TSXV: IMA) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Manitok Energy Inc (TSXV: MEI), Northcliff Resources Ltd (TSX: NCF), Smart Employee Benefits Inc (TSXV: SEB), 5N Plus Inc (TSX: VNP), and Phoscan Chemical Corp (TSX: FOS).

Inspiration Mining Corp (TSX: ISM) – Technical Chart

Inspiration Mining Corp (TSX: ISM)

In the U.S. markets, United Therapeutics Corp (NASDAQ: UTHR), Criteo SA (NASDAQ: CRTO), Veeva Systems Inc (NYSE: VEEV), Violin Memory Inc (NYSE: VMEM), and XenoPort Inc (NASDAQ: XNPT) witnessed strong price gains and breakouts above their 200 DMAs Friday. SGOCO Group Ltd (NASDAQ: SGOC), On Track Innovations Ltd (NASDAQ: OTIV), 58.com Inc (NYSE: WUBA), TAL International Group Inc (NYSE: TAL), and Suburban Propane Partners LP (NYSE: SPH) 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

Ivanhoe Energy Inc
(TSX: IE)

55.6%

2.49

1.73

Manitok Energy Inc
(TSXV: MEI)

-13.2%

2.44

2.77

Inspiration Mining Corp
(TSX: ISM)

53.3%

0.12

0.08

Imris Inc
(TSX: IM)

-9.1%

0.90

0.99

Cornerstone Capital Resources Inc
(TSXV: CGP)

22.2%

0.11

0.11

Virtutone Networks Inc
(TSXV: VFX)

-5.7%

0.25

0.26

Anfield Resources Inc
(TSXV: ARY)

12.5%

0.45

0.41

Pivot Technology Solutions Inc
(TSXV: PTG)

-4.7%

0.21

0.21

Americas Petrogas Inc
(TSXV: BOE)

11.5%

0.58

0.57

Magellan Minerals Ltd
(TSXV: MNM)

-4.3%

0.11

0.11

50 DMA

Ivanhoe Energy Inc
(TSX: IE)

55.6%

2.49

2.13

Manitok Energy Inc
(TSXV: MEI)

-13.2%

2.44

2.74

Inspiration Mining Corp
(TSX: ISM)

53.3%

0.12

0.09

Ainsworth Lumber Co Ltd
(TSX: ANS)

-1.8%

2.71

2.73

Platino Energy Corp
(TSXV: PZE)

9.8%

0.56

0.55

Canadian Western Bank
(TSX: CWB)

-0.8%

40.67

40.90

Ginguro Exploration Inc
(TSXV: GEG)

8.5%

0.26

0.24

Manitoba Telecom Services Inc
(TSX: MBT)

-0.5%

30.88

31.02

Argonaut Gold Inc
(TSX: AR)

7.2%

4.45

4.18

H&R Real Estate Investment Trust
(TSX: HR-U)

-0.3%

23.13

23.18

200 DMA

Inspiration Mining Corp
(TSX: ISM)

53.3%

0.12

0.09

Manitok Energy Inc
(TSXV: MEI)

-13.2%

2.44

2.48

Cornerstone Capital Resources Inc
(TSXV: CGP)

22.2%

0.11

0.11

Northcliff Resources Ltd
(TSX: NCF)

-10.2%

0.22

0.24

Lithium Americas Corp
(TSX: LAC)

18.5%

0.32

0.28

Smart Employee Benefits Inc
(TSXV: SEB)

-3.2%

0.45

0.45

PyroGenesis Canada Inc
(TSXV: PYR)

11.3%

0.59

0.54

5N Plus Inc
(TSX: VNP)

-2.7%

3.56

3.60

I-Minerals Inc
(TSXV: IMA)

7.5%

0.22

0.21

Phoscan Chemical Corp
(TSX: FOS)

-1.7%

0.30

0.30

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

United Therapeutics Corp
(NASDAQ: UTHR)

28.5%

117.83

92.46

Pacific Sunwear of California Inc
(NASDAQ: PSUN)

-9.6%

2.08

2.08

The9 Ltd
(NASDAQ: NCTY)

25.3%

3.22

3.00

Education Management Corp
(NASDAQ: EDMC)

-8.5%

1.29

1.41

Ekso Bionics Holdings Inc
(OTC BB: EKSO)

23.2%

1.17

1.17

Applied Genetic Technologies Corp/DE (NASDAQ: AGTC)

-7.0%

17.10

17.79

Voltari Corp
(NASDAQ: VLTC)

22.2%

2.09

1.80

Kandi Technologies Group Inc
(NASDAQ: KNDI)

-6.6%

17.86

18.43

Rally Software Development Corp
(NYSE: RALY)

15.4%

11.54

10.00

OncoMed Pharmaceuticals Inc
(NASDAQ: OMED)

-6.0%

20.29

20.53

50 DMA

The9 Ltd
(NASDAQ: NCTY)

25.3%

3.22

2.84

Pacific Sunwear of California Inc
(NASDAQ: PSUN)

-9.6%

2.08

2.17

Criteo SA
(NASDAQ: CRTO)

22.5%

37.55

31.75

PEDEVCO Corp
(NYSE: PED)

-6.6%

1.85

1.89

Voltari Corp
(NASDAQ: VLTC)

22.2%

2.09

1.86

OncoMed Pharmaceuticals Inc
(NASDAQ: OMED)

-6.0%

20.29

21.26

Rally Software Development Corp
(NYSE: RALY)

15.4%

11.54

10.12

Genesco Inc
(NYSE: GCO)

-3.2%

79.30

80.71

Violin Memory Inc
(NYSE: VMEM)

12.2%

4.22

4.01

Sequenom Inc
(NASDAQ: SQNM)

-2.6%

3.71

3.81

200 DMA

United Therapeutics Corp
(NASDAQ: UTHR)

28.5%

117.83

97.00

SGOCO Group Ltd
(NASDAQ: SGOC)

-14.8%

2.42

2.77

Criteo SA
(NASDAQ: CRTO)

22.5%

37.55

35.53

On Track Innovations Ltd
(NASDAQ: OTIV)

-4.9%

2.71

2.73

Veeva Systems Inc
(NYSE: VEEV)

20.1%

29.97

27.93

58.com Inc
(NYSE: WUBA)

-3.3%

41.65

42.37

Violin Memory Inc
(NYSE: VMEM)

12.2%

4.22

3.92

TAL International Group Inc
(NYSE: TAL)

-3.0%

44.20

44.30

XenoPort Inc
(NASDAQ: XNPT)

3.9%

5.08

5.04

Suburban Propane Partners LP
(NYSE: SPH)

-0.6%

44.47

44.67

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