ReleaseWire

ProShares Ultra VIX Short Term Fut ETF (NYSE: UVXY) traded in the range of $10.68 and $11.81 during its latest trading session. The ETF opened at $10.72 and is currently at $11.45, up 4.08 percent from its previous close of $11.02. Despite its up movement, the fund’s MACD chart shows neutral trend and it may go down to $10.95 level in the coming session. ProShares Ultra VIX is also trading above its short term moving average price of $11.24 but below long term moving average price of $12.64, which hints at mild bearish trend.

Elan Corporation Plc (NYSE: ELN) traded in the range of $9.45 and $9.93 during its latest trading session. The stock had opened at $9.53 and is at $9.79, up 4.15 percent from its previous close of $9.40. Elan Corporation recorded the volume of 11.174 million shares. Its average daily trading volume stands at 3.984 million shares. Its MACD chart shows bullish trend and the stock may go as high as $9.95 in the coming sessions. Its first support level stands at $9.55, breaching this level, the stock may tumble to $9.39.

Growlife Inc. (OTCQB: PHOT) stock is at $0.075, up 2.01 percent from its previous close of $0.07. The stock shows bullish trend as it made the up move with trading volume of 13.293 million shares, in contrast to the average daily trading volume of 5.382 million shares. Its bullish trend is further confirmed by its MACD chart and the stock is also trading higher than its 6 days EMA of $0.07. The stock may go as high as $0.08 in its coming trading sessions.

Swingplane Ventures Inc. (OTCQB: SWVI) opened at $0.40 and oscillated in the range of $0.3920 and $0.4270 in the latest trading session. It is at $0.406, up 2.78 percent from its previous close of $0.40. Swingplane Ventures shows bullish trend and the stock’s first resistance level is at $0.45. Upon breaching this level, the stock may touch $0.5. On the downside, it may slip to $0.35.

Echo Automotive Inc. (OTCQB: ECAU) is trading in the range of $1.45 and $2.21 in its current trading session. The stock recorded the volume of 6.519 million shares so far, in comparison its average daily trading volume of 6.739 million shares. The stock opened at $2.12 and is currently at $1.49, down 28.37 percent from its previous close of $2.08. Echo Automotive has its first resistance level at $3.26 while it faces the support at $1.25. If the stock breaches this level, it may go touch $0.80.

Levi &Korsinsky is investigating the Board of Directors of Virgin Media, Inc. (NASDAQ:VMED) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Liberty Global Inc.

On international Safer Internet Day, Microsoft (NASDAQ: MSFT) released the results of its second annual Microsoft Computing Safety Index (MCSI), revealing that more than half (55 percent) of global respondents are experiencing multiple online risks, yet only 16 percent say they take multiple proactive steps to help protect themselves and their data.

Sirius XM Radio (NASDAQ : SIRI) announced that legendary recording artist Tony Bennett will sit down for an intimate Q&A session with an audience of SiriusXM listeners, moderated by Alec Baldwin, at the SiriusXM studios in New York City as part of its "Town Hall" series.

Research In Motion Ltd. (NASDAQ: BBRY) issued the following statement on February 6th 2013:

The Flagstar case mirrors lawsuits by insurers such as MBIA Inc and Ambac Financial Group Inc. (OTCQB: ABKFQ ). Defendants have included JPMorgan Chase & Co, Credit Suisse Group AG and Bank of America Corp's Countrywide Financial unit.

TEJones.net, online informative resource on different types of loans, now informs on benefits of instant payday loans . The blog discusses how instant payday loans prove to be a better option than normal credits or bank loans.

Dendreon Corp. (NASDAQ:DNDN) shows bullish trend as the stock made sharp movement in its latest trading session. It opened the session at $6.17 and remained in $6.10 and $6.64 price range during the session. The stock is 7.48 percent higher at $6.62 Dendreon Corp.’s first support level is at $6.19. Upon breaching this level, the stock may touch $6.08. On the upside, its first resistance level is at $6.62. Dendreon Corp. has traded 8.569 million shares, in comparison to its usual trading volume of 5.56 million shares.

Orchard Supply Hardware Stores Corporation (NASDAQ: OSH) is trading in the range of $7.10 and $7.30 during its latest trading session. The stock recorded the volume of 16k shares, in comparison to its average daily trading volume of 17K shares. The stock opened at $7.10 and is at $7.20, up 0.84 percent from its previous close of $7.14. It is currently trading above its 6 days EMA of 7.16 and has its first support level at $7.10. In the intermediate time period, the stock may test $7.46 resistance level.

Needrapidcash.com, a company dedicated in providing cash advances, may have become one of the most lenient payday loan providers on the internet. The company offers payday loans to US citizens who are bankrupt, have poor credit and can’t even write cheques without bouncing them. The company stated that payday loans are for people who are having trouble availing any type of loan from banks. The company further stated that by rejecting the people who have bad credit, other payday loan providers are not fulfilling the reason behind its existence.

North American Palladium Ltd. (NYSE: PAL) stock is at $1.96, up 10 percent from its previous close of $1.78, with high volumes. Its latest trading volume has been recorded at 3.141 million shares, in contrast to the average daily trading volume of 2.159 million shares. The stock opened the session at $1.81 and touched its highest price point at $1.96. North American Palladium stock’s lowest price point for the session stood at $1.79. The stock’s MACD chart shows bullish trend and the stock may test its first resistance level at $2.27.

Zynga Inc. (NASDAQ: ZNGA) is engaged in the business of developing and marketing social games. Its stock shows bullish trend as the stock made a sharp movement in its latest trading session. It opened the session at $2.89 and remained in $2.76 and $3.12 price range during the session. The stock is 13.07 percent higher at $3.10. Zynga’s first resistance level is at $3.26. Upon breaching this level, the stock may go as low as $3.45.

Schweitzer Mauduit International Inc. (NYSE: SWM) traded in the range of $40.30 and $40.50 during its latest trading session. The stock had opened at $40.46 and is at $40.48, down 0.12 percent from its previous close of $40.53, with 44.8k shares volume. Its MACD chart shows bullish trend. The stock may go as high as $40.72 level in the coming trading sessions.

Swingplane Ventures Inc. (OTCQB: SWVI) stock is at $0.36, up 1.43 percent from its previous close of $0.35. The stock shows bullish trend as it made the up move with trading volume of 4.427 million shares. Its bullish trend is further confirmed by its MACD chart and the stock is also trading higher than its 13 days EMA of $0.32.

Tranzbyte Corporation (OTC Pink: ERBB) is currently 14.29 percent down at $0.0054. The company recorded the volume of 69.76 million shares. Its average daily trading volume stands at 41.36 million shares. Its MACD chart shows neutral trend. Tranzbyte commands market capitalization of $4.26 million.

Echo Automotive Inc. (OTCQB: ECAU) deals in technological solutions for making vehicles more environment friendly. Its stock is trading in the range of $2.02 and $2.30 during its latest trading session. The stock recorded the volume of 1.771 million shares, in comparison to its average daily trading volume of 6.955 million shares. Its up volume shows bullish trend, which is further confirmed by its MACD and EMA charts. The stock is expected to touch $3.26 level in the coming trading sessions. It is currently at $2.25, up 17.19 percent from its previous close of $1.92. The company commands market capitalization of $168.75 million.

Echo Automotive Inc. (OTCQB: ECAU) announced that Company executives met with Greg Ballard, Mayor of the City of Indianapolis, last week and he took a personal test drive of an EchoDrive™ equipped Ford E-250 hybrid demonstration vehicle.

Alcatel Lucent SA (NYSE: ALU) stock closed its latest trading session at $1.71, up 1.18 percent from its previous close of $1.69. Its latest trading volume has been recorded at 5.522 million shares, in contrast to the average daily trading volume of 20.948 million shares. The stock opened the session at $1.71 and touched its highest price point at $1.74. Alcatel Lucent stock’s lowest price point for the session stood at $1.71. The stock’s MACD chart shows bullish trend and the stock may test its first resistance level at $1.78.Its second resistance level is at $1.91.

Facebook Inc. (NASDAQ: FB) traded in the range of $28.22 and $28.78 during its latest trading session. The stock had opened at $28.27 and is at $28.66, up 1.94 percent from its previous close of $28.11, with 31.045 million shares volume. Facebook’s MACD chart shows bullish trend. The stock may go as high as $29.55 level in the coming trading sessions. Upon breaching this level, the stock may touch $32.32 level. Facebook’s first support level is at $28.11.

Keryx Biopharmaceuticals Inc. (NASDAQ: KERX) stock is trading at $6.89, up 5.14 percent from its previous close of $6.56. The stock is up with the volume of 8.576 million, higher than its usual volume of 5.7 million shares. Keryx Biopharmaceuticals stock opened the session at $6.75 and touched its highest price point at $6.99. Its lowest price point for the session stood at $6.75. The stock is in the bullish mode and is likely to continue the trend as shown by its MACD chart. It is also trading above its long term moving average price of $5.28.

Dell Inc. (NASDAQ: DELL) is trading marginally up at the news of the company going private. The deal is estimated to be worth $24.4 billion and the company has been bought by a consortium consisting of its owner and private equity firms. The stock opened at $13.39 and oscillated in the range of $13.37 and $13.44 in the latest trading session. It is currently at $13.39, up 0.87 percent from its previous close of $13.27. Dell shows bullish trend and the stock’s first resistance level is at $14.27.