Top Technical Breakout Stocks: MCW Energy Group (TSXV: MCW) and eCrypt Technologies (OTC BB: ECRY) Break 200-DMA

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In the Canadian markets, MCW Energy Group Ltd (TSXV: MCW) breached its key long term technical resistance level of 200-Day DMA at C$1.05 and gained 52% Friday. Balmoral Resources Ltd (TSX: BAR), POET Technologies Inc (TSX: PTK), Lundin Mining Corp (TSX: LUN), and DIRTT Environmental Solutions (TSX: DRT) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Galway Metals Inc (TSXV: GWM), Mega Uranium Ltd (TSX: MGA), Melcor Developments Ltd (TSX: MRD), ATS Automation Tooling Systems Inc (TSX: ATA), and WSP Global Inc (TSX: WSP).

MCW Energy Group Ltd (TSXV: MCW)-Technical Chart

MCW Energy Group Ltd (TSXV: MCW)

In the U.S. markets, eCrypt Technologies Inc (OTC BB: ECRY), Overland Storage Inc (NASDAQ: OVRL), Sotheby’s (NYSE: BID), Golar LNG Partners LP (NASDAQ: GMLP), and Monro Muffler Brake Inc (NASDAQ: MNRO) witnessed strong price gains and breakouts above their 200 DMAs Friday. GameStop Corp (NYSE: GME), Aruba Networks Inc (NASDAQ: ARUN), Ruckus Wireless Inc (NYSE: RKUS), TCP Capital Corp (NASDAQ: TCPC), and Symmetry Medical Inc (NYSE: SMA) 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

Miraculins Inc
(TSX: MOM)

40.0%

0.18

0.15

Midas Gold Corp
(TSX: MAX)

-8.8%

0.52

0.52

High North Resources Ltd
(TSX: HN)

27.9%

0.28

0.26

Orosur Mining Inc
(TSX: OMI)

-7.1%

0.195

0.20

Iona Energy Inc
(TSX: INA)

20.0%

0.15

0.15

Trimel Pharmaceuticals Corp
(TSX: TRL)

-7.1%

0.46

0.46

Fortune Minerals Ltd
(TSX: FT)

14.7%

0.20

0.19

Allana Potash Corp
(TSX: AAA)

-3.4%

0.28

0.29

Keek Inc
(TSX: KEK)

9.5%

0.12

0.11

Alabama Graphite Corp
(TSX: ALP)

-2.6%

0.19

0.19

50 DMA

MCW Energy Group Ltd
(TSX: MCW)

51.6%

1.41

0.97

Gold Canyon Resources Inc
(TSX: GCU)

-13.0%

0.2

0.21

Keek Inc
(TSX: KEK)

9.5%

0.12

0.11

Midas Gold Corp
(TSX: MAX)

-8.8%

0.52

0.56

Stakeholder Gold Corp
(TSX: SRC)

7.7%

0.21

0.20

Sirona Biochem Corp
(TSX: SBM)

-3.8%

0.125

0.13

Primero Mining Corp
(TSX: P)

7.2%

5.05

5.02

MAG Silver Corp
(TSX: MAG)

-3.5%

8.23

8.33

Goldgroup Mining Inc
(TSX: GGA)

6.3%

0.17

0.16

Torex Gold Resources Inc
(TSX: TXG)

-2.6%

1.48

1.48

200 DMA

MCW Energy Group Ltd
(TSXV: MCW)

51.6%

1.41

1.05

Galway Metals Inc
(TSXV: GWM)

-16.7%

0.13

0.13

Balmoral Resources Ltd
(TSX: BAR)

9.6%

1.26

1.18

Mega Uranium Ltd
(TSX: MGA)

-7.1%

0.20

0.21

POET Technologies Inc
(TSX: PTK)

5.9%

1.44

1.43

Melcor Developments Ltd
(TSX: MRD)

-1.1%

23.59

23.71

Lundin Mining Corp
(TSX: LUN)

5.4%

5.81

5.59

ATS Automation Tooling Systems Inc
(TSX: ATA)

-1.0%

14.22

14.32

DIRTT Environmental Solutions
(TSX: DRT)

3.9%

3.48

3.38

WSP Global Inc
(TSX: WSP)

-0.4%

36.02

36.14

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

eCrypt Technologies Inc
(OTC BB: ECRY)

150.6%

0.33

0.14

GameStop Corp
(NYSE: GME)

-13.7%

37.86

41.81

E-House China Holdings Ltd
(NYSE: EJ)

17.2%

9.88

9.61

Aruba Networks Inc
(NASDAQ: ARUN)

-13.7%

18.82

20.66

Endurance International Group Holdings Inc
(NASDAQ: EIGI)

16.7%

17.12

15.86

Geospace Technologies Corp
(NASDAQ: GEOS)

-9.1%

29.54

30.68

NTN Buzztime Inc
(NYSE: NTN)

16.7%

0.35

0.34

Ruckus Wireless Inc
(NYSE: RKUS)

-6.3%

11.7

12.26

IFM Investments Ltd
(NYSE: CTC)

13.9%

1.39

1.38

Smith & Wesson Holding Corp
(NASDAQ: SWHC)

-5.7%

9.54

9.94

50 DMA

eCrypt Technologies Inc
(OTC BB: ECRY)

150.6%

0.33

0.14

GameStop Corp
(NYSE: GME)

-13.7%

37.86

41.74

E-House China Holdings Ltd
(NYSE: EJ)

17.2%

9.88

9.57

Aruba Networks Inc
(NASDAQ: ARUN)

-13.7%

18.82

21.06

Endurance International Group Holdings Inc
(NASDAQ: EIGI)

16.7%

17.12

15.86

Viggle Inc
(NASDAQ: VGGL)

-10.9%

2.94

3.03

NTN Buzztime Inc
(NYSE: NTN)

16.7%

0.35

0.35

Smith & Wesson Holding Corp
(NASDAQ: SWHC)

-5.7%

9.54

9.81

Galena Biopharma Inc
(NASDAQ: GALE)

11.3%

2.07

1.97

Nautilus Inc
(NYSE: NLS)

-5.0%

12.85

13.03

200 DMA

eCrypt Technologies Inc
(OTC BB: ECRY)

150.6%

0.33

0.15

GameStop Corp
(NYSE: GME)

-13.7%

37.86

40.39

Overland Storage Inc
(NASDAQ: OVRL)

11.4%

3.90

3.78

Aruba Networks Inc
(NASDAQ: ARUN)

-13.7%

18.82

19.70

Sotheby’s
(NYSE: BID)

6.9%

41.93

40.76

Ruckus Wireless Inc
(NYSE: RKUS)

-6.3%

11.7

12.26

Golar LNG Partners LP
(NASDAQ: GMLP)

5.4%

34.85

33.48

TCP Capital Corp
(NASDAQ: TCPC)

-4.1%

16.75

16.93

Monro Muffler Brake Inc
(NASDAQ: MNRO)

4.3%

54.38

53.67

Symmetry Medical Inc
(NYSE: SMA)

-3.2%

9.14

9.33

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