New York, NY -- (ReleaseWire) -- 11/07/2012 --TagLikeMe Corp. (PINK:TAGG) traded in the range of $0.08 and $0.12 during its latest trading session. The stock had opened at $0.12 and closed at $0.09, down 31.55 percent from its previous close of $0.12. TagLikeMe has its first support level at $0.06 while it faces the resistance at $0.11. If the stock breaches $0.11, it may go as high as $0.15. TagLikeMe recorded the volume of 73.296 million shares, which is significantly higher than its average daily trading volume of 22.426 shares. The stock has sunk at high volume showing bearish trend in the short term and medium time period.
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Hemp Inc. (PINK:HEMP) traded in the range of $0.05 and $0.06 during its latest trading session. The stock had opened at $0.06 and closed at $0.05, up 8.70 percent from its previous close of $0.05, with 19.954 million shares volume. The stock is currently trading below its 6 days EMA of $0.06 but above 60 days EMA prices of $0.04 and thus shows mildly bullish trend. Its MACD also confirms its bullish trend. The stock may go as high as $0.06 level in the coming trading sessions. Hemp Inc.’s first support level is at $0.04.
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Federal Home Loan Mortgage Corporation (OTC:FMCC) stock closed its latest trading session at $0.30, up 11.11 percent from its previous close of $0.27. Its latest trading volume has been recorded at 8.626 million shares, which is more than four times higher than its average daily trading volume of 1.953 million shares. The stock has made up movement with unusually high volume and thus shows bullish trend. It is likely to maintain its bullish stance in the short run and medium run. The stock is likely to go up to $0.31 level in the coming trading sessions.
Find out where FMCC could be heading by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=FMCC
Warp 9 Inc. (PINK:WNYN) traded in the range of $0.04 and $0.08 during its latest trading session. The stock had opened at $0.07 and closed at $0.04, down 50 percent from its previous close of $0.08. Despite its down movement, the stock’s MACD chart shows neutral trend and the stock may go down to $0.03 level in the coming session. The stock is also trading below its short term moving average price of $0.07 and long term moving average price of $0.05, which hints at bearish trend. The bearish trend is likely to continue for the mid term time period.
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