Top Technical Breakout Stocks: Theralase Technologies (TSXV: TLT) and Merit Medical Systems (NASDAQ: MMSI) Break 200-DMA

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In the Canadian markets, Theralase Technologies Inc (TSXV: TLT) breached its key long term technical resistance level of 200-Day DMA (Daily Moving Average) at C$0.35 and gained 15% Friday. Microcoal Technologies Inc (CNSX: MTI), Sangoma Technologies Corp (TSX: STC), Levon Resources Ltd (TSX: LVN), and Corby Spirit and Wine Ltd (TSX: CSW/A) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Constantine Metal Resources Ltd (TSX: CEM), Capstone Infrastructure Corp (TSX: CSE), NuVista Energy Ltd (TSX: NVA), Torstar Corp (TSX: TS/B), and True North Apartment Real Estate Investment Trust (TSX: TN-U).

Theralase Technologies Inc (TSXV: TLT)-Technical Chart

Theralase Technologies Inc (TSXV: TLT)

In the U.S. markets, Merit Medical Systems Inc (NASDAQ: MMSI), Aoxing Pharmaceutical Co Inc (NYSE: AXN), Alimera Sciences Inc (NASDAQ: ALIM), Acacia Research Corp (NASDAQ: ACTG), and Calamos Asset Management Inc (NASDAQ: CLMS) witnessed strong price gains and breakouts above their 200 DMAs Friday. Synaptics Inc (NASDAQ: SYNA), Supreme Industries Inc (NYSE: STS), VAALCO Energy Inc (NYSE: EGY), Deckers Outdoor Corp (NYSE: DECK), and WidePoint Corp (NYSE: WYY) 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

Garibaldi Resources Corp
(TSX: GGI)

23.5%

0.21

0.20

Critical Outcome Technologies Inc
(TSX: COT)

-8.8%

0.26

0.27

Snipp Interactive Inc
(TSX: SPN)

14.8%

0.31

0.30

Crocodile Gold Corp
(TSX: CRK)

-5.0%

0.19

0.20

Microcoal Technologies Inc
(CNSX: MTI)

10.3%

0.22

0.20

Stakeholder Gold Corp
(TSX: SRC)

-4.8%

0.2

0.21

Atlantic Gold Corp
(TSX: AGB)

9.6%

0.29

0.28

Element Financial Corp
(TSX: EFN)

-3.4%

12.84

13.25

Western Potash Corp
(TSX: WPX)

6.6%

0.33

0.31

Petroamerica Oil Corp
(TSX: PTA)

-3.3%

0.29

0.30

50 DMA

Snipp Interactive Inc
(TSX: SPN)

14.8%

0.31

0.27

Critical Outcome Technologies Inc
(TSX: COT)

-8.8%

0.26

0.28

Theralase Technologies Inc
(TSX: TLT)

14.5%

0.36

0.31

Natcore Technology Inc
(TSXV: NXT)

-7.5%

0.62

0.66

Aberdeen International Inc
(TSX: AAB)

13.3%

0.17

0.16

Kelso Technologies Inc
(TSX: KLS)

-2.6%

6.00

6.10

Atlantic Gold Corp
(TSX: AGB)

9.6%

0.29

0.28

Prometic Life Sciences Inc
(TSX: PLI)

-1.9%

1.56

1.57

Stellar Biotechnologies Inc
(TSX: KLH)

9.5%

1.73

1.67

Callinan Royalties Corp
(TSXV: CAA)

-1.7%

1.72

1.74

200 DMA

Theralase Technologies Inc
(TSXV: TLT)

14.5%

0.36

0.35

Constantine Metal Resources Ltd
(TSX: CEM)

-16.1%

0.13

0.14

Microcoal Technologies Inc
(CNSX: MTI)

10.3%

0.22

0.20

Capstone Infrastructure Corp
(TSX: CSE)

-3.1%

4.04

4.12

Sangoma Technologies Corp
(TSX: STC)

9.1%

0.30

0.28

NuVista Energy Ltd
(TSX: NVA)

-2.9%

10.1

10.17

Levon Resources Ltd
(TSX: LVN)

7.7%

0.28

0.28

Torstar Corp
(TSX: TS/B)

-2.1%

6.85

6.88

Corby Spirit and Wine Ltd
(TSX: CSW/A)

4.1%

21.00

20.61

True North Apartment Real Estate Investment Trust
(TSX: TN-U)

-0.4%

8.25

8.26

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

IsoRay Inc
(NYSE: ISR)

31.3%

1.89

1.71

DS Healthcare Group Inc
(NASDAQ: DSKX)

-20.2%

0.99

1.10

BJ’s Restaurants Inc
(NASDAQ: BJRI)

27.0%

42.15

35.71

Supreme Industries Inc
(NYSE: STS)

-14.3%

6.55

7.39

WaferGen Bio-systems Inc
(NASDAQ: WGBS)

12.3%

4.10

4.00

First Niagara Financial Group Inc
(NASDAQ: FNFG)

-13.5%

7.3

8.39

NeoPhotonics Corp
(NYSE: NPTN)

11.3%

3.35

3.18

NIC Inc
(NASDAQ: EGOV)

-11.2%

16.26

17.92

Callaway Golf Co
(NYSE: ELY)

11.2%

7.95

7.24

Synthetic Biologics Inc
(NYSE: SYN)

-10.7%

1.58

1.64

50 DMA

Amedica Corp
(NASDAQ: AMDA)

39.0%

2.60

2.06

DS Healthcare Group Inc
(NASDAQ: DSKX)

-20.2%

0.99

1.16

BJ’s Restaurants Inc
(NASDAQ: BJRI)

27.0%

42.15

36.09

Supreme Industries Inc
(NYSE: STS)

-14.3%

6.55

7.53

ZIOPHARM Oncology Inc
(NASDAQ: ZIOP)

15.7%

3.24

2.89

NIC Inc
(NASDAQ: EGOV)

-11.2%

16.26

18.28

Invacare Corp
(NYSE: IVC)

14.5%

15.04

13.59

Aegerion Pharmaceuticals Inc
(NASDAQ: AEGR)

-7.8%

30.66

31.94

Columbus McKinnon Corp/NY
(NASDAQ: CMCO)

14.4%

25.52

23.41

Elizabeth Arden Inc
(NASDAQ: RDEN)

-7.5%

15.76

17.00

200 DMA

Merit Medical Systems Inc
(NASDAQ: MMSI)

15.6%

14.89

13.81

Synaptics Inc
(NASDAQ: SYNA)

-15.2%

62.11

70.44

Aoxing Pharmaceutical Co Inc
(NYSE: AXN)

12.2%

0.37

0.35

Supreme Industries Inc
(NYSE: STS)

-14.3%

6.55

6.94

Alimera Sciences Inc
(NASDAQ: ALIM)

10.3%

6.02

5.98

VAALCO Energy Inc
(NYSE: EGY)

-9.3%

7.54

7.54

Acacia Research Corp
(NASDAQ: ACTG)

9.5%

16.90

15.84

Deckers Outdoor Corp
(NYSE: DECK)

-7.4%

81.56

83.98

Calamos Asset Management Inc
(NASDAQ: CLMS)

8.3%

12.85

12.43

WidePoint Corp
(NYSE: WYY)

-5.5%

1.55

1.57

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