Technical Breakouts to Watch for July 28, 2014 (TSX: NII) (NASDAQ: DTLK)

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In the Canadian markets, Norsat International Inc (TSX: NII) gained 6% Friday, piercing the long term 200 DMA (Daily Moving Average) of C$0.51. China Gold International Resources Corp Ltd (TSX: CGG), Fission Uranium Corp (TSXV: FCU), AuRico Gold Inc (TSX: AUQ), and First Majestic Silver Corp (TSX: FR) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Radius Gold Inc (TSXV: RDU), Mullen Group Ltd (TSX: MTL), Bellatrix Exploration Ltd (TSX: BXE), Imvescor Restaurant Group Inc (TSX: IRG), and Trilogy Energy Corp (TSX: TET).

Norsat International Inc (TSX: NII) – Technical Chartt

Norsat International Inc (TSX: NII)

In the U.S. markets, Datalink Corp (NASDAQ: DTLK), Castle Brands Inc (NYSE: ROX), Acacia Research Corp (NASDAQ: ACTG), Newpark Resources Inc (NYSE: NR), and Qlik Technologies Inc (NASDAQ: QLIK) witnessed strong price gains and breakouts above their 200 DMAs Friday. WellCare Health Plans Inc (NYSE: WCG), Swift Transportation Co (NYSE: SWFT), Silicon Laboratories Inc (NASDAQ: SLAB), Pacific Biosciences of California Inc (NASDAQ: PACB), and Maxwell Technologies Inc (NASDAQ: MXWL) witnessed price declines and fell below their 200 DMAs Friday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Niogold Mining Corp
(TSXV: NOX)

33.3%

0.28

0.21

Radius Gold Inc
(TSXV: RDU)

-8.0%

0.12

0.12

Stellar Biotechnologies Inc
(TSXV: KLH)

21.2%

1.03

0.91

Augusta Industries Inc
(TSXV: AAO)

-7.1%

0.13

0.13

Gold Canyon Resources Inc
(TSXV: GCU)

18.8%

0.38

0.34

Medifocus Inc
(TSXV: MFS)

-6.5%

0.15

0.15

TransGaming Inc
(TSXV: TNG)

18.2%

0.13

0.12

Canadian Zinc Corp
(TSX: CZN)

-4.5%

0.32

0.33

Hammond Manufacturing Co Ltd
(TSX: HMM/A)

17.2%

1.70

1.46

West Kirkland Mining Inc
(TSXV: WKM)

-3.7%

0.13

0.13

50 DMA

Niogold Mining Corp
(TSXV: NOX)

33.3%

0.28

0.21

SoMedia Networks Inc
(TSXV: VID)

-20.5%

0.16

0.16

Stellar Biotechnologies Inc
(TSXV: KLH)

21.2%

1.03

1.00

DragonWave Inc
(TSX: DWI)

-14.0%

1.72

1.77

TransGaming Inc
(TSXV: TNG)

18.2%

0.13

0.12

Falco Pacific Resource Group I
(TSXV: FPC)

-9.8%

0.55

0.58

Hammond Manufacturing Co Ltd
(TSX: HMM/A)

17.2%

1.70

1.46

Radius Gold Inc
(TSXV: RDU)

-8.0%

0.12

0.12

Stonegate Agricom Ltd
(TSX: ST)

15.6%

0.19

0.17

Strategic Oil & Gas Ltd
(TSXV: SOG)

-3.3%

0.44

0.44

200 DMA

Norsat International Inc
(TSX: NII)

6.1%

0.52

0.51

Radius Gold Inc
(TSXV: RDU)

-8.0%

0.12

0.12

China Gold International Resources Corp Ltd
(TSX: CGG)

5.8%

3.09

2.99

Mullen Group Ltd
(TSX: MTL)

-3.8%

27.97

28.34

Fission Uranium Corp
(TSXV: FCU)

5.1%

1.24

1.21

Bellatrix Exploration Ltd
(TSX: BXE)

-1.3%

8.62

8.69

AuRico Gold Inc
(TSX: AUQ)

4.8%

4.59

4.54

Imvescor Restaurant Group Inc
(TSX: IRG)

-0.9%

2.15

2.16

First Majestic Silver Corp
(TSX: FR)

4.6%

11.35

11.07

Trilogy Energy Corp
(TSX: TET)

-0.7%

27.95

27.99

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Acacia Research Corp
(NASDAQ: ACTG)

16.8%

17.49

16.41

Brightcove Inc
(NASDAQ: BCOV)

-37.9%

6.38

9.96

Newpark Resources Inc
(NYSE: NR)

14.9%

13.40

12.02

China Commercial Credit Inc
(NASDAQ: CCCR)

-32.0%

2.55

3.60

BJ’s Restaurants Inc
(NASDAQ: BJRI)

14.2%

34.98

34.16

WellCare Health Plans Inc
(NYSE: WCG)

-19.8%

61.61

74.93

Galectin Therapeutics Inc
(NASDAQ: GALT)

11.7%

15.32

13.74

Swift Transportation Co
(NYSE: SWFT)

-17.9%

21.20

25.01

Kopin Corp
(NASDAQ: KOPN)

9.2%

3.43

3.20

Streamline Health Solutions Inc
(NASDAQ: STRM)

-11.6%

4.72

4.97

50 DMA

Castle Brands Inc
(NYSE: ROX)

20.0%

1.05

0.89

Brightcove Inc
(NASDAQ: BCOV)

-37.9%

6.38

9.74

Acacia Research Corp
(NASDAQ: ACTG)

16.8%

17.49

16.15

China Commercial Credit Inc
(NASDAQ: CCCR)

-32.0%

2.55

3.65

Newpark Resources Inc
(NYSE: NR)

14.9%

13.40

11.77

WellCare Health Plans Inc
(NYSE: WCG)

-19.8%

61.61

75.22

BJ’s Restaurants Inc
(NASDAQ: BJRI)

14.2%

34.98

33.27

Swift Transportation Co
(NYSE: SWFT)

-17.9%

21.20

24.70

Kopin Corp
(NASDAQ: KOPN)

9.2%

3.43

3.19

Pacific Biosciences of California Inc
(NASDAQ: PACB)

-13.6%

4.75

5.49

200 DMA

Datalink Corp
(NASDAQ: DTLK)

20.2%

11.97

11.70

WellCare Health Plans Inc
(NYSE: WCG)

-19.8%

61.61

69.09

Castle Brands Inc
(NYSE: ROX)

20.0%

1.05

0.91

Swift Transportation Co
(NYSE: SWFT)

-17.9%

21.20

23.31

Acacia Research Corp
(NASDAQ: ACTG)

16.8%

17.49

15.39

Silicon Laboratories Inc
(NASDAQ: SLAB)

-14.4%

40.04

45.83

Newpark Resources Inc
(NYSE: NR)

14.9%

13.40

11.86

Pacific Biosciences of California Inc
(NASDAQ: PACB)

-13.6%

4.75

5.32

Qlik Technologies Inc
(NASDAQ: QLIK)

14.7%

26.83

25.56

Maxwell Technologies Inc
(NASDAQ: MXWL)

-9.7%

11.51

11.51

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