In the Canadian markets, Ballard Power Systems Inc (TSX: BLD) broke its key long term technical resistance level of 200-Day DMA (Daily Moving Average) at C$3.34 and gained 64% Wednesday. Valdor Technology International Inc (TSX: VTI), Novo Resources Corp (CNSX: NVO), Grenville Strategic Royalty Corp (TSX: GRC), and Seair Inc (TSX: SDS) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in SEMAFO Inc (TSX: SMF), Canamex Resources Corp (TSX: CSQ), IWG Technologies Inc (TSX: IWG), Kinross Gold Corp (TSX: K), and Barkerville Gold Mines Ltd (TSX: BGM).
|
Ballard Power Systems Inc (TSX: BLD)-Technical Chart |
|
|
In the U.S. markets, Clean Diesel Technologies Inc (NASDAQ: CDTI), LiveDeal Inc (NASDAQ: LIVE), Euronet Worldwide Inc (NASDAQ: EEFT), TherapeuticsMD Inc (NYSE: TXMD), and Sangamo BioSciences Inc (NASDAQ: SGMO) witnessed strong price gains and breakouts above their 200 DMAs Wednesday. Pier 1 Imports Inc (NYSE: PIR), Marketo Inc (NASDAQ: MKTO), AOL Inc (NYSE: AOL), Pointer Telocation Ltd (NASDAQ: PNTR), and MannKind Corp (NASDAQ: MNKD) 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 |
Fortune Minerals Ltd |
26.3% |
0.12 |
0.10 |
Centerra Gold Inc |
-10.3% |
6.39 |
6.96 |
|
Bellatrix Exploration Ltd |
17.9% |
3.29 |
3.15 |
SEMAFO Inc |
-9.5% |
3.71 |
3.91 |
|
|
SoMedia Networks Inc |
15.0% |
0.12 |
0.11 |
Canamex Resources Corp |
-9.4% |
0.145 |
0.15 |
|
|
Sunward Resources Ltd |
8.3% |
0.13 |
0.12 |
Niko Resources Ltd |
-7.7% |
0.24 |
0.24 |
|
|
Roxgold Inc |
6.5% |
0.66 |
0.63 |
Kinross Gold Corp |
-7.6% |
3.76 |
4.06 |
|
|
50 DMA |
Ballard Power Systems Inc |
64.3% |
3.50 |
2.14 |
Niko Resources Ltd |
-7.7% |
0.24 |
0.25 |
|
Fortune Minerals Ltd |
26.3% |
0.12 |
0.12 |
Kinross Gold Corp |
-7.6% |
3.76 |
3.77 |
|
|
Sunward Resources Ltd |
8.3% |
0.13 |
0.12 |
Amaya Gaming Group Inc |
-4.9% |
31.25 |
31.90 |
|
|
Seair Inc |
5.0% |
0.21 |
0.20 |
Red Eagle Mining Corp |
-4.8% |
0.295 |
0.30 |
|
|
Shore Gold Inc |
4.4% |
0.24 |
0.23 |
B2Gold Corp |
-4.5% |
2.12 |
2.19 |
|
|
200 DMA |
Ballard Power Systems Inc |
64.3% |
3.50 |
3.34 |
SEMAFO Inc |
-9.5% |
3.71 |
4.05 |
|
Valdor Technology International Inc |
22.2% |
0.11 |
0.09 |
Canamex Resources Corp |
-9.4% |
0.145 |
0.15 |
|
|
Novo Resources Corp |
21.8% |
1.23 |
1.11 |
IWG Technologies Inc |
-9.3% |
0.195 |
0.20 |
|
|
Grenville Strategic Royalty Corp |
10.0% |
0.66 |
0.64 |
Kinross Gold Corp |
-7.6% |
3.76 |
3.93 |
|
|
Seair Inc |
5.0% |
0.21 |
0.20 |
Barkerville Gold Mines Ltd |
-6.1% |
0.31 |
0.32 |
|
|
Breakouts – U.S. |
||||||||
|
DMA |
Bullish |
Bearish |
||||||
|
Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
|
|
30 DMA |
CafePress Inc |
34.4% |
2.85 |
2.28 |
Pier 1 Imports Inc |
-24.3% |
12.84 |
16.40 |
|
WPCS International Inc |
25.0% |
0.28 |
0.24 |
BPZ Resources Inc |
-20.4% |
0.2309 |
0.26 |
|
|
Digital Ally Inc |
19.4% |
12.54 |
12.40 |
Delcath Systems Inc |
-19.7% |
1.06 |
1.31 |
|
|
Euronet Worldwide Inc |
14.4% |
54.00 |
50.54 |
Marketo Inc |
-19.4% |
28.52 |
33.43 |
|
|
ArQule Inc |
14.3% |
1.28 |
1.16 |
Ubiquity Inc |
-18.1% |
0.565 |
0.59 |
|
|
50 DMA |
CafePress Inc |
34.4% |
2.85 |
2.24 |
Pier 1 Imports Inc |
-24.3% |
12.84 |
15.48 |
|
BSD Medical Corp |
27.7% |
0.40 |
0.32 |
BPZ Resources Inc |
-20.4% |
0.2309 |
0.25 |
|
|
Euronet Worldwide Inc |
14.4% |
54.00 |
52.91 |
Delcath Systems Inc |
-19.7% |
1.06 |
1.30 |
|
|
ArQule Inc |
14.3% |
1.28 |
1.18 |
Marketo Inc |
-19.4% |
28.52 |
32.71 |
|
|
Sangamo BioSciences Inc |
9.9% |
13.93 |
13.92 |
A10 Networks Inc |
-18.0% |
4.01 |
4.55 |
|
|
200 DMA |
Clean Diesel Technologies Inc |
17.2% |
2.32 |
2.20 |
Pier 1 Imports Inc |
-24.3% |
12.84 |
15.18 |
|
LiveDeal Inc |
16.3% |
3.78 |
3.47 |
Marketo Inc |
-19.4% |
28.52 |
29.72 |
|
|
Euronet Worldwide Inc |
14.4% |
54.00 |
50.33 |
AOL Inc |
-10.3% |
40.22 |
42.20 |
|
|
TherapeuticsMD Inc |
10.4% |
4.66 |
4.46 |
Pointer Telocation Ltd |
-10.0% |
7.66 |
8.29 |
|
|
Sangamo BioSciences Inc |
9.9% |
13.93 |
13.13 |
MannKind Corp |
-7.7% |
7 |
7.09 |
|
