Top Technical Breakout Stocks: Eco Oro Minerals (TSX: EOM) and Volcano (NASDAQ: VOLC) Break 200-DMA

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In the Canadian markets, Eco Oro Minerals Corp (TSX: EOM) breached its key long term technical resistance level of 200-Day DMA (Daily Moving Average) at C$0.29 and gained 29% Wednesday. Fortuna Silver Mines Inc (TSX: FVI), ViXS Systems Inc (TSX: VXS), Advantage Oil & Gas Ltd (TSX: AAV), and Grenville Strategic Royalty Corp (TSX: GRC) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Monarques Resources Inc (TSX: MQR), Nemaska Lithium Inc (TSX: NMX), Nautilus Minerals Inc (TSX: NUS), Seair Inc (TSX: SDS), and Integrated Asset Management Corp (TSX: IAM).

Eco Oro Minerals Corp (TSX: EOM)-Technical Chart

Eco Oro Minerals Corp (TSX: EOM)

In the U.S. markets, Volcano Corp (NASDAQ: VOLC), Digital River Inc (NASDAQ: DRIV), QuinStreet Inc (NASDAQ: QNST), Concert Pharmaceuticals Inc (NASDAQ: CNCE), and Retrophin Inc (NASDAQ: RTRX) witnessed strong price gains and breakouts above their 200 DMAs Wednesday. Nhale Inc (OTC BB: NHLE), Ruby Tuesday Inc (NYSE: RT), China HGS Real Estate Inc (NASDAQ: HGSH), POZEN Inc (NASDAQ: POZN), and YRC Worldwide Inc (NASDAQ: YRCW) witnessed price declines and fell below their 200 DMAs Wednesday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change
(%)

Close

DMA

Company

One-day change
(%)

Close

DMA

30 DMA

Alvopetro Energy Ltd/CA
(TSX: ALV)

75.4%

0.50

0.40

Cordoba Minerals Corp
(TSX: CDB)

-14.3%

0.12

0.14

Critical Elements Corp
(TSX: CRE)

20.0%

0.24

0.23

Eguana Technologies Inc
(TSX: EGT)

-13.2%

0.33

0.37

Alderon Iron Ore Corp
(TSX: ADV)

17.5%

0.37

0.36

Royal Nickel Corp
(TSX: RNX)

-8.8%

0.31

0.33

Taipan Resources Inc
(TSX: TPN)

17.1%

0.21

0.18

Barkerville Gold Mines Ltd
(TSX: BGM)

-7.7%

0.24

0.25

Niko Resources Ltd
(TSX: NKO)

16.7%

0.28

0.27

Stakeholder Gold Corp
(TSX: SRC)

-7.5%

0.185

0.19

50 DMA

Alvopetro Energy Ltd/CA
(TSX: ALV)

75.4%

0.50

0.45

Eguana Technologies Inc
(TSX: EGT)

-13.2%

0.33

0.37

POET Technologies Inc
(TSX: PTK)

17.0%

1.24

1.14

Stakeholder Gold Corp
(TSX: SRC)

-7.5%

0.185

0.19

Happy Creek Minerals Ltd
(TSX: HPY)

15.0%

0.12

0.11

Apivio Systems Inc
(TSX: APV)

-6.1%

0.31

0.31

MAG Silver Corp
(TSX: MAG)

14.0%

8.16

8.04

Magellan Aerospace Corp
(TSX: MAL)

-5.2%

13.00

13.11

Shore Gold Inc
(TSX: SGF)

12.5%

0.23

0.21

Input Capital Corp
(TSXV: INP)

-4.3%

2.01

2.06

200 DMA

Eco Oro Minerals Corp
(TSX: EOM)

29.1%

0.36

0.29

Monarques Resources Inc
(TSX: MQR)

-16.0%

0.11

0.12

Fortuna Silver Mines Inc
(TSX: FVI)

9.7%

4.96

4.95

Nemaska Lithium Inc
(TSX: NMX)

-9.1%

0.15

0.15

ViXS Systems Inc
(TSX: VXS)

9.4%

1.75

1.60

Nautilus Minerals Inc
(TSX: NUS)

-7.4%

0.44

0.47

Advantage Oil & Gas Ltd
(TSX: AAV)

7.2%

5.99

5.91

Seair Inc
(TSX: SDS)

-5.0%

0.19

0.20

Grenville Strategic Royalty Corp
(TSX: GRC)

5.0%

0.63

0.61

Integrated Asset Management Corp
(TSX: IAM)

-1.2%

0.81

0.81

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change
(%)

Close

DMA

Company

One-day change
(%)

Close

DMA

30 DMA

Auspex Pharmaceuticals Inc
(NASDAQ: ASPX)

99.8%

50.14

25.61

Ruby Tuesday Inc
(NYSE: RT)

-16.4%

6.79

7.95

Digital River Inc
(NASDAQ: DRIV)

42.8%

24.08

23.27

POZEN Inc
(NASDAQ: POZN)

-10.3%

8.1

8.95

China Xiniya Fashion Ltd
(NYSE: XNY)

38.8%

2.72

2.12

Good Times Restaurants Inc
(NASDAQ: GTIM)

-5.4%

6

6.13

Box Ships Inc
(NYSE: TEU)

34.3%

0.90

0.81

Coronado Biosciences Inc
(NASDAQ: CNDO)

-1.5%

2.02

2.03

Paramount Gold and Silver Corp
(NYSE: PZG)

29.6%

0.83

0.72

Omnicell Inc
(NASDAQ: OMCL)

-1.4%

32.18

32.35

50 DMA

Auspex Pharmaceuticals Inc
(NASDAQ: ASPX)

99.8%

50.14

25.77

Nhale Inc
(OTC BB: NHLE)

-20.4%

0.41

0.48

Digital River Inc
(NASDAQ: DRIV)

42.8%

24.08

22.08

Ruby Tuesday Inc
(NYSE: RT)

-16.4%

6.79

7.73

China Xiniya Fashion Ltd
(NYSE: XNY)

38.8%

2.72

2.20

POZEN Inc
(NASDAQ: POZN)

-10.3%

8.1

8.76

Paramount Gold and Silver Corp
(NYSE: PZG)

29.6%

0.83

0.72

Armco Metals Holdings Inc
(NYSE: AMCO)

-6.4%

0.1399

0.15

American Apparel Inc
(NYSE: APP)

19.0%

0.69

0.65

You On Demand Holdings Inc
(NASDAQ: YOD)

-4.1%

2.09

2.13

200 DMA

Volcano Corp
(NASDAQ: VOLC)

55.3%

17.84

15.15

Nhale Inc
(OTC BB: NHLE)

-20.4%

0.41

0.49

Digital River Inc
(NASDAQ: DRIV)

42.8%

24.08

17.30

Ruby Tuesday Inc
(NYSE: RT)

-16.4%

6.79

6.97

QuinStreet Inc
(NASDAQ: QNST)

21.1%

5.46

5.20

China HGS Real Estate Inc
(NASDAQ: HGSH)

-12.0%

4.11

4.43

Concert Pharmaceuticals Inc
(NASDAQ: CNCE)

15.8%

12.25

10.97

POZEN Inc
(NASDAQ: POZN)

-10.3%

8.1

8.42

Retrophin Inc
(NASDAQ: RTRX)

13.1%

12.58

12.48

YRC Worldwide Inc
(NASDAQ: YRCW)

-2.2%

22.53

22.53

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