Technical Breakouts to Watch for August 28, 2014 (TSXV: JNX) (NASDAQ: TROV)

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In the Canadian markets, Junex Inc (TSXV: JNX) gained 7% Wednesday, piercing the long term 200 DMA (Daily Moving Average) of C$0.54. Olivut Resources Ltd (TSXV: OLV), Soltoro Ltd (TSXV: SOL), Cequence Energy Ltd (TSX: CQE), and Athabasca Oil Corp (TSX: ATH) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Castle Mountain Mining Co Ltd (TSXV: CMM), Falcon Oil & Gas Ltd (TSXV: FO), Raise Production Inc (TSXV: RPC), Pilot Gold Inc (TSX: PLG), and Canfor Corp (TSX: CFP).

Junex Inc (TSXV: JNX) – Technical Chart

Junex Inc (TSXV: JNX)

In the U.S. markets, TrovaGene Inc (NASDAQ: TROV), Newtek Business Services Inc (NASDAQ: NEWT), Isle of Capri Casinos Inc (NASDAQ: ISLE), Wave Systems Corp (NASDAQ: WAVX), and RiceBran Technologies (NASDAQ: RIBT) witnessed strong price gains and breakouts above their 200 DMAs Wednesday. Daegis Inc (NASDAQ: DAEG), 22nd Century Group Inc (NYSE: XXII), Solera Holdings Inc (NYSE: SLH), ChinaNet Online Holdings Inc (NASDAQ: CNET), and Medizone International Inc (OTC BB: MZEI) witnessed price declines and fell below their 200 DMAs Wednesday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Geomega Resources Inc
(TSXV: GMA)

41.7%

0.34

0.28

Covalon Technologies Ltd
(TSXV: COV)

-31.3%

1.65

2.32

Sprylogics International Corp
(TSXV: SPY)

14.6%

0.24

0.22

Castle Mountain Mining Co Ltd
(TSXV: CMM)

-10.8%

0.66

0.73

Verisante Technology Inc
(TSXV: VRS)

12.5%

0.18

0.16

Critical Outcome Technologies Inc
(TSXV: COT)

-7.9%

0.29

0.29

Canadian Spirit Resources Inc
(TSXV: SPI)

12.5%

0.45

0.41

Trez Capital Mortgage Investment Corp (TSX: TZZ)

-3.0%

8.31

8.56

Cortex Business Solutions Inc
(TSXV: CBX)

9.1%

0.12

0.11

Theralase Technologies Inc
(TSXV: TLT)

-2.7%

0.36

0.36

50 DMA

Geomega Resources Inc
(TSXV: GMA)

41.7%

0.34

0.31

Castle Mountain Mining Co Ltd
(TSXV: CMM)

-10.8%

0.66

0.71

Commerce Resources Corp
(TSXV: CCE)

21.7%

0.28

0.24

Norbord Inc
(TSX: NBD)

-5.1%

23.19

24.21

Canadian Spirit Resources Inc
(TSXV: SPI)

12.5%

0.45

0.43

Largo Resources Ltd
(TSXV: LGO)

-3.2%

0.30

0.30

POET Technologies Inc
(TSXV: PTK)

9.4%

1.63

1.54

Trez Capital Mortgage Investment Corp (TSX: TZZ)

-3.0%

8.31

8.55

Melior Resources Inc
(TSXV: MLR)

9.1%

0.12

0.12

Colabor Group Inc
(TSX: GCL)

-2.8%

3.75

3.83

200 DMA

Junex Inc
(TSXV: JNX)

7.4%

0.58

0.54

Castle Mountain Mining Co Ltd
(TSXV: CMM)

-10.8%

0.66

0.72

Olivut Resources Ltd
(TSXV: OLV)

6.7%

0.24

0.24

Falcon Oil & Gas Ltd
(TSXV: FO)

-5.6%

0.17

0.18

Soltoro Ltd
(TSXV: SOL)

3.6%

0.15

0.14

Raise Production Inc
(TSXV: RPC)

-4.3%

1.77

1.83

Cequence Energy Ltd
(TSX: CQE)

1.8%

2.28

2.27

Pilot Gold Inc
(TSX: PLG)

-3.1%

1.27

1.28

Athabasca Oil Corp
(TSX: ATH)

1.6%

7.41

7.35

Canfor Corp
(TSX: CFP)

-1.8%

25.19

25.28

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

NetSol Technologies Inc
(NASDAQ: NTWK)

40.1%

3.88

3.59

Daegis Inc
(NASDAQ: DAEG)

-17.6%

0.98

1.18

Town Sports International Holdings Inc (NASDAQ: CLUB)

13.2%

5.31

4.98

22nd Century Group Inc
(NYSE: XXII)

-15.1%

2.69

2.74

Express Inc
(NYSE: EXPR)

12.7%

16.45

15.23

Smith & Wesson Holding Corp
(NASDAQ: SWHC)

-13.6%

11.32

12.99

REX American Resources Corp
(NYSE: REX)

10.8%

100.55

90.80

Solera Holdings Inc
(NYSE: SLH)

-10.9%

59.93

64.91

Applied Optoelectronics Inc
(NASDAQ: AAOI)

8.3%

21.20

19.59

Eltek Ltd
(NASDAQ: ELTK)

-10.9%

1.56

1.59

50 DMA

NetSol Technologies Inc
(NASDAQ: NTWK)

40.1%

3.88

3.73

22nd Century Group Inc
(NYSE: XXII)

-15.1%

2.69

2.92

Express Inc
(NYSE: EXPR)

12.7%

16.45

15.74

Solera Holdings Inc
(NYSE: SLH)

-10.9%

59.93

65.59

Newtek Business Services Inc
(NASDAQ: NEWT)

9.2%

2.84

2.60

Eltek Ltd
(NASDAQ: ELTK)

-10.9%

1.56

1.58

Applied Optoelectronics Inc
(NASDAQ: AAOI)

8.3%

21.20

20.97

Save the World Air Inc
(OTC BB: ZERO)

-7.0%

0.65

0.70

Gordmans Stores Inc
(NASDAQ: GMAN)

7.3%

3.96

3.77

China Ming Yang Wind Power Group Ltd (NYSE: MY)

-6.1%

2.94

3.13

200 DMA

TrovaGene Inc
(NASDAQ: TROV)

14.4%

5.24

4.92

Daegis Inc
(NASDAQ: DAEG)

-17.6%

0.98

1.18

Newtek Business Services Inc
(NASDAQ: NEWT)

9.2%

2.84

2.78

22nd Century Group Inc
(NYSE: XXII)

-15.1%

2.69

2.74

Isle of Capri Casinos Inc
(NASDAQ: ISLE)

7.3%

8.04

7.89

Solera Holdings Inc
(NYSE: SLH)

-10.9%

59.93

66.36

Wave Systems Corp
(NASDAQ: WAVX)

6.9%

1.24

1.21

ChinaNet Online Holdings Inc
(NASDAQ: CNET)

-8.0%

0.92

0.99

RiceBran Technologies
(NASDAQ: RIBT)

5.9%

5.76

5.72

Medizone International Inc
(OTC BB: MZEI)

-6.7%

0.14

0.15

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