Top Technical Breakout Stocks: Blackbird Energy (TSXV:BBI) Breaks 200-DMA

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In the Canadian markets, Blackbird Energy Inc (TSXV: BBI) broke its key long term technical resistance level of 200-Day DMA (Daily Moving Average) at C$0.27 and gained 10% Monday. Pilot Gold Inc (TSX: PLG), Constantine Metal Resources Ltd (TSX: CEM), Silver Standard Resources Inc (TSX: SSO), and Crocodile Gold Corp (TSX: CRK) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Cancana Resources Corp (TSX: CNY), Barkerville Gold Mines Ltd (TSX: BGM), Spectra7 Microsystems Inc (TSX: SEV), Hyduke Energy Services Inc (TSX: HYD), and Crombie Real Estate Investment Trust (TSX: CRR-U).

Blackbird Energy Inc (TSXV: BBI)-Technical Chart

Blackbird Energy Inc (TSXV: BBI)

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change
(%)

Close

DMA

Company

One-day change
(%)

Close

DMA

30 DMA

Bengal Energy Ltd
(TSX: BNG)

33.3%

0.28

0.24

Strategic Oil & Gas Ltd
(TSX: SOG)

-12.5%

0.175

0.19

Gold Canyon Resources Inc
(TSX: GCU)

12.5%

0.14

0.12

Monument Mining Ltd
(TSX: MMY)

-7.7%

0.12

0.12

China Gold International Resources Corp Ltd
(TSX: CGG)

8.2%

2.25

2.12

Condor Petroleum Inc/Canada
(TSX: CPI)

-5.1%

0.185

0.19

Canadian Zinc Corp
(TSX: CZN)

5.0%

0.21

0.21

Engagement Labs Inc
(TSX: EL)

-5.0%

0.475

0.48

Intertain Group Ltd/The
(TSX: IT)

4.6%

13.58

13.17

NTG Clarity Networks Inc
(TSX: NCI)

-4.4%

0.325

0.33

50 DMA

Bengal Energy Ltd
(TSX: BNG)

33.3%

0.28

0.28

Monument Mining Ltd
(TSX: MMY)

-7.7%

0.12

0.13

Canacol Energy Ltd
(TSX: CNE)

6.2%

2.90

2.76

Excelsior Mining Corp
(TSXV: MIN)

-4.0%

0.24

0.25

Sabina Gold & Silver Corp
(TSX: SBB)

5.6%

0.38

0.37

Microbix Biosystems Inc
(TSX: MBX)

-2.6%

0.74

0.76

Falcon Oil & Gas Ltd
(TSX: FO)

4.8%

0.11

0.11

Peyto Exploration & Development Corp
(TSX: PEY)

-2.1%

33.21

33.74

Labrador Iron Ore Royalty Corp
(TSX: LIF)

4.0%

18.27

17.95

Brazil Resources Inc
(TSXV: BRI)

-1.8%

0.55

0.56

200 DMA

Blackbird Energy Inc
(TSXV: BBI)

9.8%

0.28

0.27

Cancana Resources Corp
(TSX: CNY)

-15.4%

0.22

0.25

Pilot Gold Inc
(TSX: PLG)

6.2%

1.20

1.19

Barkerville Gold Mines Ltd
(TSX: BGM)

-8.3%

0.33

0.33

Constantine Metal Resources Ltd
(TSX: CEM)

3.3%

0.16

0.15

Spectra7 Microsystems Inc
(TSX: SEV)

-5.5%

0.52

0.52

Silver Standard Resources Inc
(TSX: SSO)

2.8%

8.16

8.14

Hyduke Energy Services Inc
(TSX: HYD)

-1.4%

0.69

0.69

Crocodile Gold Corp
(TSX: CRK)

2.4%

0.21

0.21

Crombie Real Estate Investment Trust
(TSX: CRR-U)

-0.7%

13.16

13.18

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