Top Technical Breakout Stocks: Batero Gold (TSXV: BAT) and ChinaNet Online Holdings (NASDAQ: CNET) Break 200-DMA

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In the Canadian markets, Batero Gold Corp (TSXV: BAT) broke its key long term technical resistance level of 200-Day DMA (Daily Moving Average) at C$0.11 and gained 38% Monday. Lithium Americas Corp (TSX: LAC), Opsens Inc (TSX: OPS), Stakeholder Gold Corp (TSX: SRC), and Canada Carbon Inc (TSX: CCB) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in MAG Silver Corp (TSX: MAG), Fortuna Silver Mines Inc (TSX: FVI), Advantage Oil & Gas Ltd (TSX: AAV), Centerra Gold Inc (TSX: CG), and Atlantic Power Corp (TSX: ATP).

Batero Gold Corp (TSXV: BAT)-Technical Chart

Mood Media Corp (TSX: MM)

In the U.S. markets, ChinaNet Online Holdings Inc (NASDAQ: CNET), Trevena Inc (NASDAQ: TRVN), Aviat Networks Inc (NASDAQ: AVNW), Energy Recovery Inc (NASDAQ: ERII), and Ceco Environmental Corp (NASDAQ: CECE) witnessed strong price gains and breakouts above their 200 DMAs Monday. China Finance Online Co Ltd (NASDAQ: JRJC), Great Northern Iron Ore Properties (NYSE: GNI), CNinsure Inc (NASDAQ: CISG), iPass Inc (NASDAQ: IPAS), and Dynegy Inc (NYSE: DYN) witnessed price declines and fell below their 200 DMAs Monday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change
(%)

Close

DMA

Company

One-day change
(%)

Close

DMA

30 DMA

Batero Gold Corp
(TSX: BAT)

37.5%

0.11

0.08

Alvopetro Energy Ltd/CA
(TSX: ALV)

-24.0%

0.34

0.39

Intermap Technologies Corp
(TSX: IMP)

31.3%

0.11

0.09

Sandstorm Gold Ltd
(TSX: SSL)

-18.0%

3.36

3.37

Clifton Star Resources Inc
(TSX: CFO)

27.8%

0.12

0.09

MAG Silver Corp
(TSX: MAG)

-14.5%

7.64

8.04

Opsens Inc
(TSX: OPS)

16.7%

0.70

0.67

Critical Elements Corp
(TSX: CRE)

-12.5%

0.21

0.23

Empire Industries Ltd/Canada
(TSX: EIL)

15.0%

0.12

0.10

Aurcana Corp
(TSX: AUN)

-12.1%

0.29

0.31

50 DMA

Batero Gold Corp
(TSX: BAT)

37.5%

0.11

0.08

Alvopetro Energy Ltd/CA
(TSX: ALV)

-24.0%

0.34

0.44

Imris Inc
(TSX: IM)

32.8%

0.43

0.37

Sandstorm Gold Ltd
(TSX: SSL)

-18.0%

3.36

3.60

Intermap Technologies Corp
(TSX: IMP)

31.3%

0.11

0.10

Alderon Iron Ore Corp
(TSX: ADV)

-17.0%

0.415

0.43

Clifton Star Resources Inc
(TSX: CFO)

27.8%

0.12

0.11

MAG Silver Corp
(TSX: MAG)

-14.5%

7.64

8.02

Opsens Inc
(TSX: OPS)

16.7%

0.70

0.65

Aurcana Corp
(TSX: AUN)

-12.1%

0.29

0.31

200 DMA

Batero Gold Corp
(TSXV: BAT)

37.5%

0.11

0.11

MAG Silver Corp
(TSX: MAG)

-14.5%

7.64

8.74

Lithium Americas Corp
(TSX: LAC)

17.6%

0.30

0.28

Fortuna Silver Mines Inc
(TSX: FVI)

-7.9%

4.8

4.96

Opsens Inc
(TSX: OPS)

16.7%

0.70

0.69

Advantage Oil & Gas Ltd
(TSX: AAV)

-7.0%

5.54

5.93

Stakeholder Gold Corp
(TSX: SRC)

10.3%

0.22

0.21

Centerra Gold Inc
(TSX: CG)

-6.0%

5.37

5.51

Canada Carbon Inc
(TSX: CCB)

5.1%

0.21

0.20

Atlantic Power Corp
(TSX: ATP)

-3.8%

3.25

3.36

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change
(%)

Close

DMA

Company

One-day change
(%)

Close

DMA

30 DMA

DryShips Inc
(NASDAQ: DRYS)

19.8%

1.21

1.20

Nationstar Mortgage Holdings Inc
(NYSE: NSM)

-11.9%

28.22

29.45

Blue Earth Inc
(NASDAQ: BBLU)

17.6%

1.20

1.10

Great Northern Iron Ore Properties
(NYSE: GNI)

-10.8%

20.15

22.44

Key Energy Services Inc
(NYSE: KEG)

16.7%

2.03

1.90

Rice Energy Inc
(NYSE: RICE)

-10.2%

22.97

25.11

Spark Networks Inc
(NYSE: LOV)

13.2%

3.86

3.78

AK Steel Holding Corp
(NYSE: AKS)

-9.4%

5.66

5.93

Curis Inc
(NASDAQ: CRIS)

12.0%

1.31

1.30

Walter Investment Management Corp
(NYSE: WAC)

-9.1%

16.85

17.91

50 DMA

BioTime Inc
(NYSE: BTX)

8.7%

3.62

3.33

Nationstar Mortgage Holdings Inc
(NYSE: NSM)

-11.9%

28.22

31.02

Aviat Networks Inc
(NASDAQ: AVNW)

7.6%

1.55

1.54

Great Northern Iron Ore Properties
(NYSE: GNI)

-10.8%

20.15

21.49

Image Sensing Systems Inc
(NASDAQ: ISNS)

5.8%

2.72

2.67

TransEnterix Inc
(NYSE: TRXC)

-10.2%

2.91

3.06

You On Demand Holdings Inc
(NASDAQ: YOD)

5.7%

2.23

2.15

Rice Energy Inc
(NYSE: RICE)

-10.2%

22.97

25.14

TC PipeLines LP
(NYSE: TCP)

5.2%

71.78

68.52

AK Steel Holding Corp
(NYSE: AKS)

-9.4%

5.66

6.22

200 DMA

ChinaNet Online Holdings Inc
(NASDAQ: CNET)

40.0%

1.47

1.34

China Finance Online Co Ltd
(NASDAQ: JRJC)

-12.8%

5.32

5.42

Trevena Inc
(NASDAQ: TRVN)

8.5%

5.75

5.64

Great Northern Iron Ore Properties
(NYSE: GNI)

-10.8%

20.15

20.60

Aviat Networks Inc
(NASDAQ: AVNW)

7.6%

1.55

1.45

CNinsure Inc
(NASDAQ: CISG)

-7.9%

6.21

6.55

Energy Recovery Inc
(NASDAQ: ERII)

7.4%

5.09

4.74

iPass Inc
(NASDAQ: IPAS)

-6.1%

1.39

1.43

Ceco Environmental Corp
(NASDAQ: CECE)

7.2%

15.70

14.70

Dynegy Inc
(NYSE: DYN)

-5.6%

29.03

30.04

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