In the Canadian markets, Mega Uranium Ltd (TSX: MGA) breached its key long term technical resistance level of 200-Day DMA (Daily Moving Average) at C$0.21 and gained 17% Tuesday. Eldorado Gold Corp (TSX: ELD), Spectral Diagnostics Inc (TSX: SDI), Bayfield Ventures Corp (TSX: BYV), and Rubicon Minerals Corp (TSX: RMX) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Seair Inc (TSX: SDS), POET Technologies Inc (TSX: PTK), Wellgreen Platinum Ltd (TSX: WG), SoMedia Networks Inc (TSX: VID), and Sirona Biochem Corp (TSX: SBM).
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Mega Uranium Ltd (TSX: MGA)-Technical Chart |
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In the U.S. markets, Aegean Marine Petroleum Network Inc (NYSE: ANW), KYTHERA Biopharmaceuticals Inc (NASDAQ: KYTH), pSivida Corp (NASDAQ: PSDV), BioCryst Pharmaceuticals Inc (NASDAQ: BCRX), and Copart Inc (NASDAQ: CPRT) witnessed strong price gains and breakouts above their 200 DMAs Tuesday. Fred’s Inc (NASDAQ: FRED), Daktronics Inc (NASDAQ: DAKT), Amira Nature Foods Ltd (NYSE: ANFI), Overland Storage Inc (NASDAQ: OVRL), and Nordic American Tankers Ltd (NYSE: NAT) 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 |
Newport Exploration Ltd |
11.4% |
0.39 |
0.37 |
Seair Inc |
-26.1% |
0.17 |
0.19 |
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DragonWave Inc |
11.2% |
1.19 |
1.17 |
Discovery Ventures Inc |
-11.9% |
0.185 |
0.20 |
|
|
Spectral Diagnostics Inc |
7.7% |
0.35 |
0.34 |
Lynden Energy Corp |
-9.3% |
0.68 |
0.75 |
|
|
North American Palladium Ltd |
6.3% |
0.17 |
0.17 |
Snipp Interactive Inc |
-8.3% |
0.33 |
0.34 |
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Flyht Aerospace Solutions Ltd |
5.9% |
0.45 |
0.44 |
Canacol Energy Ltd |
-7.1% |
3.53 |
3.79 |
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|
50 DMA |
Petro-Victory Energy Corp |
24.3% |
0.23 |
0.20 |
Seair Inc |
-26.1% |
0.17 |
0.18 |
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Mega Uranium Ltd |
16.7% |
0.21 |
0.19 |
Mission Ready Services Inc |
-11.0% |
0.325 |
0.35 |
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Alexco Resource Corp |
13.6% |
0.75 |
0.68 |
Crown Point Energy Inc |
-9.6% |
0.235 |
0.25 |
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Kinross Gold Corp |
11.1% |
3.50 |
3.27 |
Synodon Inc |
-9.5% |
0.19 |
0.20 |
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Eldorado Gold Corp |
10.7% |
7.99 |
7.43 |
ShaMaran Petroleum Corp |
-9.4% |
0.24 |
0.25 |
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|
200 DMA |
Mega Uranium Ltd |
16.7% |
0.21 |
0.21 |
Seair Inc |
-26.1% |
0.17 |
0.19 |
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Eldorado Gold Corp |
10.7% |
7.99 |
7.46 |
POET Technologies Inc |
-11.5% |
1.39 |
1.43 |
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Spectral Diagnostics Inc |
7.7% |
0.35 |
0.34 |
Wellgreen Platinum Ltd |
-5.6% |
0.67 |
0.68 |
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Bayfield Ventures Corp |
6.5% |
0.25 |
0.24 |
SoMedia Networks Inc |
-4.9% |
0.195 |
0.20 |
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Rubicon Minerals Corp |
6.1% |
1.40 |
1.37 |
Sirona Biochem Corp |
-4.0% |
0.12 |
0.12 |
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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 |
Lakeland Industries Inc |
36.6% |
13.61 |
13.37 |
Ubiquity Inc |
-17.0% |
1.71 |
1.86 |
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SinoCoking Coal and Coke Chemical Industries Inc |
23.3% |
3.49 |
2.99 |
Forest Oil Corp |
-9.8% |
0.92 |
0.95 |
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dELiA*s Inc |
20.0% |
0.13 |
0.13 |
Fred’s Inc |
-9.5% |
15.3 |
15.61 |
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Cocrystal Pharma Inc |
15.4% |
0.53 |
0.48 |
E-Commerce China Dangdang Inc |
-9.3% |
11.25 |
12.38 |
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Dycom Industries Inc |
14.6% |
30.02 |
28.31 |
Daktronics Inc |
-9.3% |
12.43 |
13.03 |
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|
50 DMA |
Lakeland Industries Inc |
36.6% |
13.61 |
12.38 |
TigerLogic Corp |
-20.6% |
0.69 |
0.69 |
|
SinoCoking Coal and Coke Chemical Industries Inc |
23.3% |
3.49 |
3.26 |
E-Commerce China Dangdang Inc |
-9.3% |
11.25 |
12.12 |
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Dycom Industries Inc |
14.6% |
30.02 |
29.16 |
Daktronics Inc |
-9.3% |
12.43 |
12.79 |
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Coeur Mining Inc |
9.1% |
4.79 |
4.65 |
Amira Nature Foods Ltd |
-9.2% |
15.7 |
16.04 |
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iDreamsky Technology Ltd |
7.8% |
18.11 |
17.02 |
Alpha Natural Resources Inc |
-8.6% |
2.23 |
2.32 |
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|
200 DMA |
Aegean Marine Petroleum Network Inc |
6.4% |
9.83 |
9.60 |
Fred’s Inc |
-9.5% |
15.30 |
16.34 |
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KYTHERA Biopharmaceuticals Inc |
5.5% |
38.42 |
36.81 |
Daktronics Inc |
-9.3% |
12.43 |
12.89 |
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pSivida Corp |
5.2% |
4.26 |
4.12 |
Amira Nature Foods Ltd |
-9.2% |
15.7 |
15.73 |
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BioCryst Pharmaceuticals Inc |
5.1% |
11.16 |
11.06 |
Overland Storage Inc |
-5.1% |
3.75 |
3.77 |
|
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Copart Inc |
4.9% |
36.26 |
34.74 |
Nordic American Tankers Ltd |
-4.0% |
8.81 |
8.82 |
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