Top Technical Breakout Stocks: Algold Resources (TSXV: ALG) and Array BioPharma (NASDAQ: ARRY) Break 200-DMA

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In the Canadian markets, Algold Resources Ltd (TSXV: ALG) breached its key long term technical resistance level of 200-Day DMA (Daily Moving Average) at C$0.23 and gained 23% Thursday. Seair Inc (TSXV: SDS), St Augustine Gold and Copper Ltd (TSX: SAU), Balmoral Resources Ltd (TSX: BAR), and Yellow Media Ltd (TSX: Y) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Highbank Resources Ltd (TSX: HBK), Western Lithium USA Corp (TSX: WLC), Gildan Activewear Inc (TSX: GIL), QHR Corp (TSX: QHR), and NTG Clarity Networks Inc (TSX: NCI).

Algold Resources Ltd (TSXV: ALG)-Technical Chart

Algold Resources Ltd (TSXV: ALG)

In the U.S. markets, Array BioPharma Inc (NASDAQ: ARRY), TetraLogic Pharmaceuticals Corp (NASDAQ: TLOG), Giga-tronics Inc (NASDAQ: GIGA), NeoGenomics Inc (NASDAQ: NEO), and Bob Evans Farms Inc/DE (NASDAQ: BOBE) witnessed strong price gains and breakouts above their 200 DMAs Thursday. Starz (NASDAQ: STRZA), PROS Holdings Inc (NYSE: PRO), Arch Therapeutics Inc (OTC BB: ARTH), XOMA Corp (NASDAQ: XOMA), and Unilife Corp (NASDAQ: UNIS) 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

QSolar Ltd
(CNSX: QSL)

108.3%

0.25

0.16

Impact Silver Corp
(TSX: IPT)

-18.0%

0.25

0.29

Shore Gold Inc
(TSX: SGF)

23.7%

0.24

0.20

Gold Canyon Resources Inc
(TSX: GCU)

-12.8%

0.17

0.19

Nemaska Lithium Inc
(TSX: NMX)

18.8%

0.19

0.17

ISIS Lab Corp
(TSX: LAB)

-12.3%

0.5

0.54

MagIndustries Corp
(TSX: MAA)

9.4%

0.18

0.17

Mega Uranium Ltd
(TSX: MGA)

-11.1%

0.16

0.18

DragonWave Inc
(TSX: DWI)

5.2%

1.22

1.17

Gildan Activewear Inc
(TSX: GIL)

-9.2%

60.22

65.94

50 DMA

QSolar Ltd
(CNSX: QSL)

108.3%

0.25

0.24

Gildan Activewear Inc
(TSX: GIL)

-9.2%

60.22

64.33

Shore Gold Inc
(TSX: SGF)

23.7%

0.24

0.21

iSign Media Solutions Inc
(TSX: ISD)

-9.1%

0.15

0.16

Nemaska Lithium Inc
(TSX: NMX)

18.8%

0.19

0.17

TSO3 Inc
(TSX: TOS)

-5.9%

1.43

1.45

DragonWave Inc
(TSX: DWI)

5.2%

1.22

1.21

QHR Corp
(TSX: QHR)

-5.7%

1.16

1.20

Fortuna Silver Mines Inc
(TSX: FVI)

0.6%

4.79

4.78

UEX Corp
(TSX: UEX)

-4.8%

0.295

0.31

200 DMA

Algold Resources Ltd
(TSXV: ALG)

22.7%

0.27

0.23

Highbank Resources Ltd
(TSX: HBK)

-13.0%

0.20

0.22

Seair Inc
(TSXV: SDS)

19.4%

0.22

0.20

Western Lithium USA Corp
(TSX: WLC)

-11.3%

0.63

0.65

St Augustine Gold and Copper Ltd
(TSX: SAU)

3.3%

0.16

0.15

Gildan Activewear Inc
(TSX: GIL)

-9.2%

60.22

60.78

Balmoral Resources Ltd
(TSX: BAR)

1.7%

1.21

1.20

QHR Corp
(TSX: QHR)

-5.7%

1.16

1.23

Yellow Media Ltd
(TSX: Y)

0.4%

19.57

19.51

NTG Clarity Networks Inc
(TSX: NCI)

-4.7%

0.305

0.32

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change
(%)

Close

DMA

Company

One-day change
(%)

Close

DMA

30 DMA

RADA Electronic Industries Ltd
(NASDAQ: RADA)

55.0%

3.69

2.57

Kindred Biosciences Inc
(NASDAQ: KIN)

-34.0%

6.1

9.10

Tilly’s Inc
(NYSE: TLYS)

20.2%

8.50

7.16

Christopher & Banks Corp
(NYSE: CBK)

-27.9%

4.95

6.69

SuperCom Ltd
(NASDAQ: SPCB)

13.2%

12.32

11.85

Aeropostale Inc
(NYSE: ARO)

-22.3%

2.48

3.06

TubeMogul Inc
(NASDAQ: TUBE)

11.3%

17.29

15.95

Starz
(NASDAQ: STRZA)

-16.3%

27.76

31.50

Cymabay Therapeutics Inc
(NASDAQ: CBAY)

10.6%

8.02

7.63

PROS Holdings Inc
(NYSE: PRO)

-14.2%

25.99

27.90

50 DMA

RADA Electronic Industries Ltd
(NASDAQ: RADA)

55.0%

3.69

2.52

Kindred Biosciences Inc
(NASDAQ: KIN)

-34.0%

6.1

9.18

CIG Wireless Corp
(OTC BB: CIGW)

30.8%

0.34

0.34

Aeropostale Inc
(NYSE: ARO)

-22.3%

2.48

3.08

Tilly’s Inc
(NYSE: TLYS)

20.2%

8.50

7.21

Starz
(NASDAQ: STRZA)

-16.3%

27.76

31.57

SuperCom Ltd
(NASDAQ: SPCB)

13.2%

12.32

11.60

PROS Holdings Inc
(NYSE: PRO)

-14.2%

25.99

26.34

Cymabay Therapeutics Inc
(NASDAQ: CBAY)

10.6%

8.02

7.73

Seachange International Inc
(NASDAQ: SEAC)

-13.0%

6.1

6.79

200 DMA

Array BioPharma Inc
(NASDAQ: ARRY)

14.3%

4.47

4.08

Starz
(NASDAQ: STRZA)

-16.3%

27.76

30.79

TetraLogic Pharmaceuticals Corp
(NASDAQ: TLOG)

14.0%

5.44

5.33

PROS Holdings Inc
(NYSE: PRO)

-14.2%

25.99

27.00

Giga-tronics Inc
(NASDAQ: GIGA)

5.8%

1.82

1.79

Arch Therapeutics Inc
(OTC BB: ARTH)

-8.5%

0.2151

0.23

NeoGenomics Inc
(NASDAQ: NEO)

5.6%

4.49

4.26

XOMA Corp
(NASDAQ: XOMA)

-6.3%

4.46

4.64

Bob Evans Farms Inc/DE
(NASDAQ: BOBE)

4.8%

50.21

48.20

Unilife Corp
(NASDAQ: UNIS)

-5.9%

3.03

3.16

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