Top Technical Breakout Stocks: MagIndustries (TSX: MAA) and Medizone International (OTC BB: MZEI) Break 200-DMA

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In the Canadian markets, MagIndustries Corp (TSX: MAA) broke its key long term technical resistance level of 200-Day DMA (Daily Moving Average) at C$0.2 and gained 11% Monday. Aeterna Zentaris Inc (TSX: AEZ), Transcontinental Inc (TSX: TCL/A), Bombardier Inc (TSX: BBD/B), and Toromont Industries Ltd (TSX: TIH) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Cynapsus Therapeutics Inc (TSX: CTH), Pine Cliff Energy Ltd (TSX: PNE), Donnycreek Energy Inc (TSX: DCK), Whitecap Resources Inc (TSX: WCP), and Petrowest Corp (TSX: PRW).

MagIndustries Corp (TSX: MAA)-Technical Chart

MagIndustries Corp (TSX: MAA)

In the U.S. markets, Medizone International Inc (OTC BB: MZEI), Kandi Technologies Group Inc (NASDAQ: KNDI), Columbus McKinnon Corp/NY (NASDAQ: CMCO), ArcBest Corp (NASDAQ: ARCB), and CBIZ Inc (NYSE: CBZ) witnessed strong price gains and breakouts above their 200 DMAs Monday. Aoxing Pharmaceutical Co Inc (NYSE: AXN), Epizyme Inc (NASDAQ: EPZM), US Silica Holdings Inc (NYSE: SLCA), Westmoreland Coal Co (NASDAQ: WLB), and China Mobile Games & Entertainment Group Ltd (NASDAQ: CMGE) witnessed price declines and fell below their 200 DMAs Monday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

KFG Resources Ltd
(TSX: KFG)

22.2%

0.11

0.09

Microcoal Technologies Inc
(CNSX: MTI)

-7.0%

0.2

0.20

MagIndustries Corp
(TSX: MAA)

10.8%

0.21

0.19

Canadian Energy Services & Technology Corp
(TSX: CEU)

-6.9%

8.77

9.08

Bedrocan Cannabis Corp
(TSX: BED)

5.7%

0.74

0.74

Corridor Resources Inc
(TSX: CDH)

-6.7%

1.4

1.49

Great Canadian Gaming Corp
(TSX: GC)

5.6%

19.10

18.46

Merus Labs International Inc
(TSX: MSL)

-5.2%

1.64

1.72

DealNet Capital Corp
(CNSX: DLS)

5.3%

0.20

0.19

Columbus Gold Corp
(TSX: CGT)

-4.5%

0.42

0.43

50 DMA

NovX21 Inc
(TSX: NOV)

23.5%

0.11

0.09

Fortuna Silver Mines Inc
(TSX: FVI)

-6.9%

4.88

5.04

KFG Resources Ltd
(TSX: KFG)

22.2%

0.11

0.10

Columbus Gold Corp
(TSX: CGT)

-4.5%

0.42

0.43

MagIndustries Corp
(TSX: MAA)

10.8%

0.21

0.19

RONA Inc
(TSX: RON)

-4.5%

13.44

13.94

Western Potash Corp
(TSX: WPX)

7.7%

0.35

0.34

NeuLion Inc
(TSX: NLN)

-3.7%

1.03

1.05

Claude Resources Inc
(TSX: CRJ)

6.4%

0.25

0.25

Bioniche Life Sciences Inc
(TSX: BNC)

-2.1%

0.23

0.23

200 DMA

MagIndustries Corp
(TSX: MAA)

10.8%

0.21

0.20

Cynapsus Therapeutics Inc
(TSX: CTH)

-15.3%

0.72

0.75

Aeterna Zentaris Inc
(TSX: AEZ)

3.8%

1.36

1.34

Pine Cliff Energy Ltd
(TSX: PNE)

-6.9%

1.48

1.52

Transcontinental Inc
(TSX: TCL/A)

2.1%

15.29

14.98

Donnycreek Energy Inc
(TSX: DCK)

-5.2%

2.35

2.37

Bombardier Inc
(TSX: BBD/B)

1.6%

3.89

3.85

Whitecap Resources Inc
(TSX: WCP)

-4.8%

14.53

14.61

Toromont Industries Ltd
(TSX: TIH)

1.5%

26.50

26.20

Petrowest Corp
(TSX: PRW)

-4.4%

1.08

1.13

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

United Cannabis Corp
(OTC BB: CNAB)

30.8%

0.85

0.77

Pain Therapeutics Inc
(NASDAQ: PTIE)

-53.0%

1.95

3.92

Alexza Pharmaceuticals Inc
(NASDAQ: ALXA)

23.3%

2.80

2.33

Sarepta Therapeutics Inc
(NASDAQ: SRPT)

-32.5%

15.91

21.39

GigaMedia Ltd
(NASDAQ: GIGM)

18.7%

1.01

0.86

Vasomedical Inc
(OTC BB: VASO)

-23.3%

0.191

0.21

WPCS International Inc
(NASDAQ: WPCS)

17.3%

0.80

0.79

ZaZa Energy Corp
(NASDAQ: ZAZA)

-18.8%

2.73

3.27

China Information Technology Inc
(NASDAQ: CNIT)

13.4%

3.97

3.87

Virtus Oil and Gas Corp
(OTC BB: VOIL)

-9.8%

1.65

1.77

50 DMA

Alexza Pharmaceuticals Inc
(NASDAQ: ALXA)

23.3%

2.80

2.72

Pain Therapeutics Inc
(NASDAQ: PTIE)

-53.0%

1.95

3.98

GigaMedia Ltd
(NASDAQ: GIGM)

18.7%

1.01

0.91

Sarepta Therapeutics Inc
(NASDAQ: SRPT)

-32.5%

15.91

21.91

ANADIGICS Inc
(NASDAQ: ANAD)

12.7%

0.67

0.65

Vasomedical Inc
(OTC BB: VASO)

-23.3%

0.191

0.23

Echo Global Logistics Inc
(NASDAQ: ECHO)

9.6%

26.16

24.98

Guided Therapeutics Inc
(OTC BB: GTHP)

-9.4%

0.308

0.34

NanoViricides Inc
(NYSE: NNVC)

9.4%

3.72

3.63

Encore Wire Corp
(NASDAQ: WIRE)

-9.1%

36.41

39.47

200 DMA

Medizone International Inc
(OTC BB: MZEI)

9.3%

0.18

0.16

Aoxing Pharmaceutical Co Inc
(NYSE: AXN)

-14.1%

0.32

0.35

Kandi Technologies Group Inc
(NASDAQ: KNDI)

6.7%

14.95

14.79

Epizyme Inc
(NASDAQ: EPZM)

-7.8%

27.38

28.13

Columbus McKinnon Corp/NY
(NASDAQ: CMCO)

6.0%

27.04

25.74

US Silica Holdings Inc
(NYSE: SLCA)

-5.9%

47.6

48.13

ArcBest Corp
(NASDAQ: ARCB)

5.1%

37.57

37.37

Westmoreland Coal Co
(NASDAQ: WLB)

-5.3%

31.59

32.33

CBIZ Inc
(NYSE: CBZ)

4.8%

8.90

8.69

China Mobile Games & Entertainment Group Ltd
(NASDAQ: CMGE)

-5.3%

21.7

22.08

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