Top Technical Breakout Stocks: Veresen (TSX: VSN) and Scio Diamond Technology (OTC BB: SCIO) Break 200-DMA

In the Canadian markets, Veresen Inc (TSX: VSN) breached its key long term technical resistance level of 200-Day DMA (Daily Moving Average) at C$17.52 and gained 15% Tuesday. Soltoro Ltd (TSX: SOL), Pine Cliff Energy Ltd (TSX: PNE), Cortex Business Solutions Inc (TSX: CBX), and HudBay Minerals Inc (TSX: HBM) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Mood Media Corp (TSX: MM), Batero Gold Corp (TSXV: BAT), Opsens Inc (TSXV: OPS), IBI Group Inc (TSX: IBG), and Trimac Transportation Ltd (TSX: TMA).

Veresen Inc (TSX: VSN)-Technical Chart

Mood Media Corp (TSX: MM)

In the U.S. markets, Scio Diamond Technology Corp (OTC BB: SCIO), Vanda Pharmaceuticals Inc (NASDAQ: VNDA), CIFC Corp (NASDAQ: CIFC), Cytokinetics Inc (NASDAQ: CYTK), and China Finance Online Co Ltd (NASDAQ: JRJC) witnessed strong price gains and breakouts above their 200 DMAs Tuesday. BioDelivery Sciences International Inc (NASDAQ: BDSI), Lannett Co Inc (NYSE: LCI), Ultragenyx Pharmaceutical Inc (NASDAQ: RARE), Alimera Sciences Inc (NASDAQ: ALIM), and Corcept Therapeutics Inc (NASDAQ: CORT) witnessed price declines and fell below their 200 DMAs Tuesday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change
(%)

Close

DMA

Company

One-day change
(%)

Close

DMA

30 DMA

Canamax Energy Ltd
(TSX: CAC)

27.0%

0.80

0.64

Elcora Resources Corp
(TSX: ERA)

-20.0%

0.12

0.15

Alvopetro Energy Ltd/CA
(TSX: ALV)

26.5%

0.43

0.39

Katanga Mining Ltd
(TSX: KAT)

-12.0%

0.33

0.36

Lynden Energy Corp
(TSX: LVL)

25.5%

0.59

0.57

Orex Minerals Inc
(TSX: REX)

-7.4%

0.25

0.26

MagIndustries Corp
(TSX: MAA)

18.8%

0.19

0.17

Scorpio Mining Corp
(TSX: SPM)

-6.5%

0.215

0.22

LGX OIL + GAS INC
(TSX: OIL)

16.1%

0.18

0.16

Shore Gold Inc
(TSX: SGF)

-4.5%

0.21

0.21

50 DMA

Canamax Energy Ltd
(TSX: CAC)

27.0%

0.80

0.75

Katanga Mining Ltd
(TSX: KAT)

-12.0%

0.33

0.37

MagIndustries Corp
(TSX: MAA)

18.8%

0.19

0.17

Scorpio Mining Corp
(TSX: SPM)

-6.5%

0.215

0.23

Veresen Inc
(TSX: VSN)

14.9%

18.25

17.38

Shore Gold Inc
(TSX: SGF)

-4.5%

0.21

0.21

Focus Graphite Inc
(TSX: FMS)

12.5%

0.45

0.42

Rio Alto Mining Ltd
(TSX: RIO)

-4.3%

2.65

2.73

Pine Cliff Energy Ltd
(TSX: PNE)

8.2%

1.72

1.63

New Gold Inc
(TSX: NGD)

-3.3%

4.64

4.75

200 DMA

Veresen Inc
(TSX: VSN)

14.9%

18.25

17.52

Mood Media Corp
(TSX: MM)

-6.8%

0.55

0.57

Soltoro Ltd
(TSX: SOL)

11.1%

0.15

0.14

Batero Gold Corp
(TSXV: BAT)

-4.6%

0.11

0.11

Pine Cliff Energy Ltd
(TSX: PNE)

8.2%

1.72

1.61

Opsens Inc
(TSXV: OPS)

-2.9%

0.68

0.69

Cortex Business Solutions Inc
(TSX: CBX)

5.0%

0.11

0.10

IBI Group Inc
(TSX: IBG)

-2.5%

1.95

2.00

HudBay Minerals Inc
(TSX: HBM)

3.6%

9.72

9.66

Trimac Transportation Ltd
(TSX: TMA)

-1.5%

6.58

6.60

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change
(%)

Close

DMA

Company

One-day change
(%)

Close

DMA

30 DMA

Tecumseh Products Co
(NASDAQ: TECU)

26.9%

3.73

3.07

Achillion Pharmaceuticals Inc
(NASDAQ: ACHN)

-23.6%

11.84

13.48

Cannabis Kinetics Corp
(OTC BB: CANK)

23.5%

0.42

0.35

Key Energy Services Inc
(NYSE: KEG)

-15.3%

1.72

1.86

Armco Metals Holdings Inc
(NYSE: AMCO)

21.2%

0.18

0.17

Receptos Inc
(NASDAQ: RCPT)

-13.5%

118

120.43

ZaZa Energy Corp
(NASDAQ: ZAZA)

19.6%

2.50

2.31

Alnylam Pharmaceuticals Inc
(NASDAQ: ALNY)

-9.7%

92.55

97.53

Gevo Inc
(NASDAQ: GEVO)

14.5%

0.38

0.37

Anacor Pharmaceuticals Inc
(NASDAQ: ANAC)

-9.4%

30.42

33.22

50 DMA

Tecumseh Products Co
(NASDAQ: TECU)

26.9%

3.73

3.28

Achillion Pharmaceuticals Inc
(NASDAQ: ACHN)

-23.6%

11.84

12.55

Cannabis Kinetics Corp
(OTC BB: CANK)

23.5%

0.42

0.39

Alnylam Pharmaceuticals Inc
(NASDAQ: ALNY)

-9.7%

92.55

94.81

Armco Metals Holdings Inc
(NYSE: AMCO)

21.2%

0.18

0.15

Anacor Pharmaceuticals Inc
(NASDAQ: ANAC)

-9.4%

30.42

31.12

ZaZa Energy Corp
(NASDAQ: ZAZA)

19.6%

2.50

2.41

Geospace Technologies Corp
(NASDAQ: GEOS)

-8.9%

27.03

29.03

Gevo Inc
(NASDAQ: GEVO)

14.5%

0.38

0.35

Karyopharm Therapeutics Inc
(NASDAQ: KPTI)

-6.6%

36.5

38.88

200 DMA

Scio Diamond Technology Corp
(OTC BB: SCIO)

25.6%

0.49

0.39

BioDelivery Sciences International Inc
(NASDAQ: BDSI)

-10.7%

11.99

12.79

Vanda Pharmaceuticals Inc
(NASDAQ: VNDA)

14.0%

13.58

13.02

Lannett Co Inc
(NYSE: LCI)

-8.5%

40.5

41.79

CIFC Corp
(NASDAQ: CIFC)

13.8%

9.67

8.66

Ultragenyx Pharmaceutical Inc
(NASDAQ: RARE)

-7.2%

45.73

46.54

Cytokinetics Inc
(NASDAQ: CYTK)

12.7%

5.52

5.14

Alimera Sciences Inc
(NASDAQ: ALIM)

-6.8%

5.49

5.76

China Finance Online Co Ltd
(NASDAQ: JRJC)

11.3%

5.92

5.41

Corcept Therapeutics Inc
(NASDAQ: CORT)

-6.5%

2.88

2.95