In the Canadian markets, Carfinco Financial Group Inc (TSX: CFN) gained 32% Tuesday, piercing the long term 200 DMA (Daily Moving Average) of C$10. Gabriel Resources Ltd (TSX: GBU), Canamax Energy Ltd (TSXV: CAC), DeeThree Exploration Ltd (TSX: DTX), and Precision Drilling Corp (TSX: PD) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Atlantic Power Corp (TSX: ATP), West Kirkland Mining Inc (TSXV: WKM), Taipan Resources Inc (TSXV: TPN), Empire Industries Ltd/Canada (TSXV: EIL), and Genworth MI Canada Inc (TSX: MIC).
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Carfinco Financial Group Inc (TSX: CFN) – Technical Chart |
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In the U.S. markets, ChinaNet Online Holdings Inc (NASDAQ: CNET), Viewtran Group Inc (NASDAQ: VIEW), Seanergy Maritime Holdings Corp (NASDAQ: SHIP), CBL & Associates Properties Inc (NYSE: CBL), and Horizon Pharma Inc (NASDAQ: HZNP) witnessed strong price gains and breakouts above their 200 DMAs Tuesday. WPCS International Inc (NASDAQ: WPCS), Net Element Inc (NASDAQ: NETE), Scientific Games Corp (NASDAQ: SGMS), Echelon Corp (NASDAQ: ELON), and Isle of Capri Casinos Inc (NASDAQ: ISLE) witnessed price declines and fell below their 200 DMAs Tuesday.
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Breakouts – Canada |
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DMA |
Bullish |
Bearish |
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|
Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
|
|
30 DMA |
ThermoCeramix Corp |
25.0% |
0.75 |
0.68 |
Atlantic Power Corp |
-33.3% |
2.81 |
4.16 |
|
Petro One Energy Corp |
19.5% |
0.52 |
0.50 |
Tintina Resources Inc |
-24.1% |
0.11 |
0.13 |
|
|
Arian Resources Corp |
15.0% |
0.12 |
0.10 |
Stonegate Agricom Ltd |
-18.8% |
0.13 |
0.15 |
|
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Great Panther Silver Ltd |
13.2% |
1.37 |
1.30 |
Arena Minerals Inc |
-9.1% |
0.2 |
0.21 |
|
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Foran Mining Corp |
8.6% |
0.19 |
0.18 |
IBC Advanced Alloys Corp |
-7.5% |
0.185 |
0.19 |
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|
50 DMA |
Carfinco Financial Group Inc |
32.1% |
11.35 |
8.62 |
Atlantic Power Corp |
-33.3% |
2.81 |
4.18 |
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ThermoCeramix Corp |
25.0% |
0.75 |
0.74 |
Tintina Resources Inc |
-24.1% |
0.11 |
0.14 |
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Great Panther Silver Ltd |
13.2% |
1.37 |
1.34 |
Stonegate Agricom Ltd |
-18.8% |
0.13 |
0.16 |
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Foran Mining Corp |
8.6% |
0.19 |
0.18 |
Arena Minerals Inc |
-9.1% |
0.2 |
0.22 |
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Robex Resources Inc |
5.7% |
0.19 |
0.18 |
Falcon Oil & Gas Ltd |
-5.9% |
0.16 |
0.17 |
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|
200 DMA |
Carfinco Financial Group Inc |
32.1% |
11.35 |
10.00 |
Atlantic Power Corp |
-33.3% |
2.81 |
3.60 |
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Gabriel Resources Ltd |
4.2% |
0.99 |
0.98 |
West Kirkland Mining Inc |
-7.1% |
0.13 |
0.14 |
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Canamax Energy Ltd |
3.7% |
1.39 |
1.37 |
Taipan Resources Inc |
-6.3% |
0.37 |
0.39 |
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DeeThree Exploration Ltd |
1.5% |
10.29 |
10.15 |
Empire Industries Ltd/Canada |
-3.8% |
0.125 |
0.13 |
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Precision Drilling Corp |
1.3% |
12.66 |
12.59 |
Genworth MI Canada Inc |
-3.0% |
36.46 |
37.05 |
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Breakouts – U.S. |
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DMA |
Bullish |
Bearish |
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Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
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30 DMA |
Glimcher Realty Trust |
29.8% |
13.75 |
11.13 |
VirnetX Holding Corp |
-44.4% |
8.3 |
14.56 |
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Vantage Health |
29.2% |
0.12 |
0.11 |
MGT Capital Investments Inc |
-26.0% |
1.11 |
1.16 |
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Empire Resorts Inc |
21.4% |
5.05 |
4.40 |
Majesco Entertainment Co |
-19.7% |
1.47 |
1.62 |
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Willdan Group Inc |
19.5% |
12.72 |
10.76 |
PharmAthene Inc |
-15.5% |
1.86 |
2.04 |
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ChinaNet Online Holdings Inc |
18.5% |
1.07 |
0.92 |
Gastar Exploration Inc |
-10.3% |
6.85 |
7.31 |
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|
50 DMA |
Glimcher Realty Trust |
29.8% |
13.75 |
11.06 |
VirnetX Holding Corp |
-44.4% |
8.3 |
14.66 |
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Empire Resorts Inc |
21.4% |
5.05 |
4.89 |
Majesco Entertainment Co |
-19.7% |
1.47 |
1.74 |
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LiqTech International Inc |
18.3% |
1.81 |
1.63 |
Barrett Business Services Inc |
-15.5% |
48.69 |
56.73 |
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Digital Power Corp/United States |
17.9% |
1.38 |
1.25 |
Gastar Exploration Inc |
-10.3% |
6.85 |
7.48 |
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Viewtran Group Inc |
16.8% |
2.22 |
1.95 |
Silver Spring Networks Inc |
-8.1% |
10.89 |
10.98 |
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|
200 DMA |
ChinaNet Online Holdings Inc |
18.5% |
1.07 |
1.00 |
WPCS International Inc |
-10.4% |
1.20 |
1.32 |
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Viewtran Group Inc |
16.8% |
2.22 |
2.16 |
Net Element Inc |
-9.7% |
2.6 |
2.73 |
|
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Seanergy Maritime Holdings Corp |
10.3% |
1.60 |
1.54 |
Scientific Games Corp |
-6.6% |
12.39 |
12.40 |
|
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CBL & Associates Properties Inc |
4.5% |
18.43 |
18.24 |
Echelon Corp |
-5.4% |
2.44 |
2.57 |
|
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Horizon Pharma Inc |
3.6% |
11.99 |
11.82 |
Isle of Capri Casinos Inc |
-4.3% |
7.64 |
7.93 |
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