Technical Breakout 50 DMAhttps://www.smallcappower.com/posts/technical-breakouts-to-watch-for-july-17-2013
Technical Breakouts to Watch for July 17, 2013 (TSX: DNG) (NASDAQ: NYMX)
Published Jul 17, 2013
Technical breakouts to watch for July 17, 2013
In the Canadian markets, Dynacor Gold Mines Inc (TSX: DNG) gained 8% Tuesday, piercing the long term 200 DMA (Daily Moving Average) of C$1.19. Denison Mines Corp (TSX: DML), Falcon Oil & Gas Ltd (TSXV: FO), Eagle Energy Trust (TSX: EGL-U), and Baytex Energy Corp (TSX: BTE) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Goldstrike Resources Ltd (TSXV: GSR), Paramount Resources Ltd (TSX: POU), Finning International Inc (TSX: FTT), Aecon Group Inc (TSX: ARE), and Contact Exploration Inc (TSXV: CEX).
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Dynacor Gold Mines Inc (TSX: DNG) - Technical Chart
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In the U.S. markets, Nymox Pharmaceutical Corp (NASDAQ: NYMX), Durect Corp (NASDAQ: DRRX), Universal Display Corp (NASDAQ: OLED), Skyworks Solutions Inc (NASDAQ: SWKS), and Corcept Therapeutics Inc (NASDAQ: CORT) witnessed strong price gains and breakouts above their 200 DMAs Tuesday. Cubic Energy Inc (NYSE: QBC), CopyTele Inc (OTC BB: COPY), Koppers Holdings Inc (NYSE: KOP), Ariad Pharmaceuticals Inc (NASDAQ: ARIA), and Consumer Portfolio Services Inc (NASDAQ: CPSS) witnessed price declines and fell below their 200 DMAs Tuesday.
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Breakouts – Canada
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DMA
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Bullish
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Bearish
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Company
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One-day change (%)
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Close
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DMA
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Company
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One-day change (%)
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Close
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DMA
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30 DMA
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Copper Fox Metals Inc
(TSXV: CUU)
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35.6%
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0.80
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0.62
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Andover Mining Corp
(TSXV: AOX)
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-7.7%
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0.12
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0.12
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Panoro Minerals Ltd
(TSXV: PML)
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16.7%
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0.28
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0.26
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Aston Hill Financial Inc
(TSX: AHF)
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-7.3%
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1.39
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1.43
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Eastmain Resources Inc
(TSX: ER)
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16.7%
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0.32
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0.28
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Pulse Seismic Inc
(TSX: PSD)
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-7.2%
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3.85
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3.97
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Temex Resources Corp
(TSXV: TME)
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16.0%
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0.15
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0.13
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Platinum Group Metals Ltd
(TSX: PTM)
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-5.0%
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0.96
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0.98
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Continental Gold Ltd
(TSX: CNL)
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15.6%
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4.36
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3.78
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Angle Energy Inc
(TSX: NGL)
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-4.2%
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3.23
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3.26
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50 DMA
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Copper Fox Metals Inc
(TSXV: CUU)
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35.6%
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0.80
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0.63
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Aston Hill Financial Inc
(TSX: AHF)
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-7.3%
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1.39
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1.42
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Panoro Minerals Ltd
(TSXV: PML)
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16.7%
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0.28
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0.27
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Crocotta Energy Inc
(TSX: CTA)
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-5.0%
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3.03
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3.07
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Temex Resources Corp
(TSXV: TME)
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16.0%
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0.15
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0.14
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Platinum Group Metals Ltd
(TSX: PTM)
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-5.0%
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0.96
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1.01
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Continental Gold Ltd
(TSX: CNL)
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15.6%
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4.36
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3.91
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Angle Energy Inc
(TSX: NGL)
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-4.2%
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3.23
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3.26
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Sirona Biochem Corp
(TSXV: SBM)
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14.3%
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0.12
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0.11
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Shamaran Petroleum Corp
(TSXV: SNM)
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-3.6%
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0.4
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0.41
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200 DMA
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Dynacor Gold Mines Inc
(TSX: DNG)
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7.8%
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1.24
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1.19
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Goldstrike Resources Ltd
(TSXV: GSR)
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-7.1%
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0.26
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0.28
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Denison Mines Corp
(TSX: DML)
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4.8%
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1.32
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1.29
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Paramount Resources Ltd
(TSX: POU)
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-3.4%
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33.6
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34.76
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Falcon Oil & Gas Ltd
(TSXV: FO)
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2.3%
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0.22
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0.22
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Finning International Inc
(TSX: FTT)
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-3.4%
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23.29
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23.85
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Eagle Energy Trust
(TSX: EGL-U)
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1.0%
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7.91
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7.90
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Aecon Group Inc
(TSX: ARE)
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-3.3%
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11.52
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11.54
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Baytex Energy Corp
(TSX: BTE)
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0.7%
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43.01
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42.79
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Contact Exploration Inc
(TSXV: CEX)
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-2.3%
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0.215
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0.22
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