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Commentary & Reports For: (OTCQB: ECAU), (OTCQB: SWVI)


New York, NY -- (ReleaseWire) -- 02/11/2013 --Echo Automotive Inc. (OTCQB: ECAU) traded in the range of $1.07 and $1.43 during its latest trading session. The stock had opened at $1.41 and is at $1.07, down 29.14 percent from its previous close of $1.51 with heavy volume. Echo Automotive recorded the volume of 3.698 million shares. Its average daily trading volume stands at 6.619 million shares. While the stock is likely to remain neutral in short term time frame, it may turn bullish in medium time range as shown by its MACD chart.

Echo Automotive may find its first support level at $0.86. Its first resistance level is at $1.25.

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Swingplane Ventures Inc. (OTCQB: SWVI) shows bullish trend as it traded in the range of $0.41 and $0.45 during its latest trading session. The stock had opened at $0.44 and is at the same level, up 1.85 percent from its previous close of $0.43. Swingplane Ventures recorded the volume of 5.109 million shares. The stock is likely to turn bullish in medium time period and may go up to $0.46 level. On the up side, the stock may also go as high as $0.47 in the coming trading sessions.

Swingplane Ventures reported that its plans to develop Chilean copper property are right on track.

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