Top Technical Breakout Stocks: Nemaska Lithium Inc (TSX: NMX) and First Marblehead Corp (NYSE: FMD) Break 200-DMA

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In the Canadian markets, Nemaska Lithium Inc (TSX: NMX) gained 20% Thursday, piercing the long term 200 DMA (Daily Moving Average) of C$0.15. Counsel Corp (TSX: CXS), Bayfield Ventures Corp (TSX: BVY), Photon Control Inc (TSX: PHO), and Laurentian Bank of Canada (TSX: LB) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Catalyst Copper Corp (TSX: CCY), KFG Resources Ltd (TSX: KFG), Sierra Metals Inc (TSX: SMT), Advantage Oil & Gas Ltd (TSX: AAV), and Exeter Resource Corp (TSX: XRC).

Nemaska Lithium Inc (TSX: NMX)-Technical Chart

Nemaska Lithium Inc (TSX: NMX)

In the U.S. markets, First Marblehead Corp (NYSE: FMD), American Apparel Inc (NYSE: APP), Frontline Ltd/Bermuda (NYSE: FRO), Rite Aid Corp (NYSE: RAD), and Insmed Inc (NASDAQ: INSM) witnessed strong price gains and breakouts above their 200 DMAs Thursday. Silicon Image Inc (NASDAQ: SIMG), Dunkin’ Brands Group Inc (NASDAQ: DNKN), CYS Investments Inc (NYSE: CYS), Scholastic Corp (NASDAQ: SCHL), and Herman Miller Inc (NASDAQ: MLHR) 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

AnalytixInsight Inc
 (TSX: ALY)

36.8%

0.26

0.25

Morien Resources Corp
 (TSX: MOX)

-7.7%

0.18

0.18

East West Petroleum Corp
 (TSX: EW)

27.3%

0.14

0.13

Raging River Exploration Inc
 (TSX: RRX)

-5.9%

6.86

6.89

Nemaska Lithium Inc
 (TSX: NMX)

20.0%

0.18

0.17

Spartan Energy Corp
 (TSX: SPE)

-4.9%

2.71

2.81

Athabasca Oil Corp
 (TSX: ATH)

16.0%

2.76

2.75

Painted Pony Petroleum Ltd
 (TSX: PPY)

-4.6%

10.04

10.46

TSO3 Inc
 (TSX: TOS)

14.3%

1.76

1.58

Alacer Gold Corp
 (TSX: ASR)

-1.7%

2.26

2.29

50 DMA

AnalytixInsight Inc
 (TSX: ALY)

36.8%

0.26

0.25

Kobex Capital Corp
 (TSX: KXM)

-9.1%

0.5

0.50

Alderon Iron Ore Corp
 (TSX: ADV)

29.7%

0.48

0.44

Morien Resources Corp
 (TSX: MOX)

-7.7%

0.18

0.18

East West Petroleum Corp
 (TSX: EW)

27.3%

0.14

0.13

Barkerville Gold Mines Ltd
 (TSX: BGM)

-6.2%

0.225

0.23

Nemaska Lithium Inc
 (TSX: NMX)

20.0%

0.18

0.17

Raging River Exploration Inc
 (TSX: RRX)

-5.9%

6.86

7.25

Bear Creek Mining Corp
 (TSX: BCM)

20.0%

1.50

1.50

Bedrocan Cannabis Corp
 (TSX: BED)

-4.0%

0.72

0.75

200 DMA

Nemaska Lithium Inc
 (TSX: NMX)

20.0%

0.18

0.15

Catalyst Copper Corp
 (TSX: CCY)

-11.1%

0.24

0.25

Counsel Corp
 (TSX: CXS)

7.8%

1.80

1.75

KFG Resources Ltd
 (TSX: KFG)

-10.5%

0.1

0.09

Bayfield Ventures Corp
 (TSX: BVY)

7.0%

0.23

0.23

Sierra Metals Inc
 (TSX: SMT)

-8.6%

1.59

1.70

Photon Control Inc
 (TSX: PHO)

5.8%

0.46

0.44

Advantage Oil & Gas Ltd
 (TSX: AAV)

-5.3%

5.67

5.92

Laurentian Bank of Canada
 (TSX: LB)

2.2%

49.21

48.91

Exeter Resource Corp
 (TSX: XRC)

-4.1%

0.7

0.73

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change
(%)

Close

DMA

Company

One-day change
(%)

Close

DMA

30 DMA

Majesco Entertainment Co
(NASDAQ: COOL)

52.5%

0.90

0.75

Silicon Image Inc
(NASDAQ: SIMG)

-27.3%

4.9

5.92

Timberline Resources Corp
(NYSE: TLR)

35.8%

0.65

0.59

RCS Capital Corp
(NYSE: RCAP)

-15.4%

9.95

11.06

MGT Capital Investments Inc
(NYSE: MGT)

27.2%

0.74

0.74

ParkerVision Inc
(NASDAQ: PRKR)

-7.8%

0.9408

1.02

ZAGG Inc
(NASDAQ: ZAGG)

16.3%

6.20

5.66

Jones Energy Inc
(NYSE: JONE)

-6.6%

11.53

11.69

ModusLink Global Solutions Inc
(NASDAQ: MLNK)

12.0%

3.61

3.32

Arotech Corp
(NASDAQ: ARTX)

-5.6%

2.35

2.36

50 DMA

First Marblehead Corp/The
(NYSE: FMD)

129.9%

4.85

2.19

Silicon Image Inc
(NASDAQ: SIMG)

-27.3%

4.9

5.43

Majesco Entertainment Co
(NASDAQ: COOL)

52.5%

0.90

0.86

Winnebago Industries Inc
(NYSE: WGO)

-8.3%

21.86

23.03

Sutor Technology Group Ltd
(NASDAQ: SUTR)

27.6%

0.60

0.58

Jones Energy Inc
(NYSE: JONE)

-6.6%

11.53

11.94

Ocean Bio-Chem Inc
(NASDAQ: OBCI)

18.3%

4.34

3.76

Bravo Brio Restaurant Group Inc
(NASDAQ: BBRG)

-4.7%

12.85

13.23

ZAGG Inc
(NASDAQ: ZAGG)

16.3%

6.20

5.77

CYS Investments Inc
(NYSE: CYS)

-3.7%

8.79

9.03

200 DMA

First Marblehead Corp
(NYSE: FMD)

129.9%

4.85

4.28

Silicon Image Inc
(NASDAQ: SIMG)

-27.3%

4.90

5.46

American Apparel Inc
(NYSE: APP)

44.9%

1.00

0.74

Dunkin’ Brands Group Inc
(NASDAQ: DNKN)

-6.9%

43.05

46.04

Frontline Ltd/Bermuda
(NYSE: FRO)

14.4%

2.62

2.41

CYS Investments Inc
(NYSE: CYS)

-3.7%

8.79

8.90

Rite Aid Corp
(NYSE: RAD)

11.9%

6.78

6.44

Scholastic Corp
(NASDAQ: SCHL)

-3.7%

33.61

33.79

Insmed Inc
(NASDAQ: INSM)

11.7%

16.05

14.96

Herman Miller Inc
(NASDAQ: MLHR)

-3.7%

29.95

30.48

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