In the Canadian markets, CB Gold Inc (TSXV: CBJ) broke its key long term technical resistance level of 200-Day DMA (Daily Moving Average) at C$0.11 and gained 9% Wednesday. Spectra7 Microsystems Inc (TSX: SEV), HudBay Minerals Inc (TSX: HBM), Canada Carbon Inc (TSX: CCB), and SEMAFO Inc (TSX: SMF) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in MagIndustries Corp (TSX: MAA), Shore Gold Inc (TSX: SGF), Pilot Gold Inc (TSX: PLG), Lithium Americas Corp (TSX: LAC), and Orex Minerals Inc (TSX: REX).
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CB Gold Inc (TSXV: CBJ)-Technical Chart |
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In the U.S. markets, NXT-ID Inc (NASDAQ: NXTD), Himax Technologies Inc (NASDAQ: HIMX), RSP Permian Inc (NYSE: RSPP), Medicines Co/The (NASDAQ: MDCO), and Medidata Solutions Inc (NASDAQ: MDSO) witnessed strong price gains and breakouts above their 200 DMAs Wednesday. Verastem Inc (NASDAQ: VSTM), Arena Pharmaceuticals Inc (NASDAQ: ARNA), Issuer Direct Corp (NYSE: ISDR), Ohr Pharmaceutical Inc (NASDAQ: OHRP), and Tianyin Pharmaceutical Co Inc (NYSE: TPI) witnessed price declines and fell below their 200 DMAs Wednesday.
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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 |
Gran Colombia Gold Corp |
41.7% |
0.51 |
0.46 |
Eldorado Gold Corp |
-18.6% |
7.66 |
7.71 |
|
Adriana Resources Inc |
19.0% |
0.13 |
0.12 |
Manitoba Telecom Services Inc |
-5.7% |
25.95 |
27.10 |
|
|
Globex Mining Enterprises Inc |
17.6% |
0.20 |
0.18 |
Lithium Americas Corp |
-3.4% |
0.28 |
0.28 |
|
|
Norvista Capital Corp |
14.3% |
0.12 |
0.12 |
Crew Energy Inc |
-2.9% |
5.66 |
5.77 |
|
|
MCW Energy Group Ltd |
11.1% |
0.80 |
0.78 |
Balmoral Resources Ltd |
-2.9% |
1 |
1.00 |
|
|
50 DMA |
Gran Colombia Gold Corp |
41.7% |
0.51 |
0.51 |
Ivanhoe Mines Ltd |
-7.9% |
0.93 |
1.00 |
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Adriana Resources Inc |
19.0% |
0.13 |
0.12 |
Mood Media Corp |
-6.7% |
0.485 |
0.50 |
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Zaio Corp |
18.2% |
0.20 |
0.19 |
NeuLion Inc |
-4.8% |
1.18 |
1.22 |
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Globex Mining Enterprises Inc |
17.6% |
0.20 |
0.17 |
WestJet Airlines Ltd |
-1.9% |
32.05 |
32.44 |
|
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Scorpio Mining Corp |
9.8% |
0.23 |
0.22 |
Sierra Wireless Inc |
-1.7% |
47.42 |
47.64 |
|
|
200 DMA |
CB Gold Inc |
9.1% |
0.12 |
0.11 |
MagIndustries Corp |
-11.9% |
0.19 |
0.19 |
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Spectra7 Microsystems Inc |
8.2% |
0.53 |
0.52 |
Shore Gold Inc |
-7.7% |
0.24 |
0.24 |
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HudBay Minerals Inc |
8.1% |
9.82 |
9.76 |
Pilot Gold Inc |
-5.0% |
1.15 |
1.19 |
|
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Canada Carbon Inc |
7.9% |
0.21 |
0.20 |
Lithium Americas Corp |
-3.4% |
0.28 |
0.28 |
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SEMAFO Inc |
4.3% |
4.17 |
4.04 |
Orex Minerals Inc |
-3.4% |
0.285 |
0.29 |
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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 |
|
|
30 DMA |
Rhino Resource Partners LP |
22.5% |
2.29 |
2.16 |
Whiting USA Trust I |
-71.4% |
0.518 |
1.78 |
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Transgenomic Inc |
19.1% |
2.12 |
1.89 |
Verastem Inc |
-12.0% |
7.91 |
8.75 |
|
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Spherix Inc |
14.1% |
1.13 |
1.08 |
Alder Biopharmaceuticals Inc |
-11.0% |
26.36 |
27.16 |
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voxeljet AG |
12.7% |
8.62 |
7.83 |
Metabolix Inc |
-10.8% |
0.4101 |
0.41 |
|
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Basic Energy Services Inc |
9.9% |
6.22 |
6.21 |
LightPath Technologies Inc |
-10.2% |
1.06 |
1.10 |
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|
50 DMA |
Transgenomic Inc |
19.1% |
2.12 |
2.06 |
Avalanche Biotechnologies Inc |
-12.7% |
41.61 |
45.91 |
|
Himax Technologies Inc |
9.6% |
7.74 |
7.53 |
Verastem Inc |
-12.0% |
7.91 |
8.90 |
|
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Energous Corp |
8.7% |
9.38 |
9.10 |
LifeLogger Technologies Corp |
-12.0% |
0.515 |
0.58 |
|
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VAALCO Energy Inc |
7.6% |
5.79 |
5.49 |
LightPath Technologies Inc |
-10.2% |
1.06 |
1.15 |
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Pixelworks Inc |
7.1% |
4.84 |
4.56 |
Ohr Pharmaceutical Inc |
-9.5% |
7.98 |
8.21 |
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|
200 DMA |
NXT-ID Inc |
24.0% |
3.41 |
3.25 |
Verastem Inc |
-12.0% |
7.91 |
8.89 |
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Himax Technologies Inc |
9.6% |
7.74 |
7.73 |
Arena Pharmaceuticals Inc |
-11.0% |
4.71 |
4.91 |
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|
RSP Permian Inc |
7.8% |
28.20 |
26.76 |
Issuer Direct Corp |
-9.9% |
9.4 |
10.06 |
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Medicines Co/The |
5.3% |
26.02 |
25.60 |
Ohr Pharmaceutical Inc |
-9.5% |
7.98 |
8.36 |
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|
Medidata Solutions Inc |
4.0% |
44.39 |
42.93 |
Tianyin Pharmaceutical Co Inc |
-9.3% |
0.595 |
0.65 |
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