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High Profile Penny Stocks in the News: (OTC:ECAU), (OTC:CBIS)

 

New York, NY -- (ReleaseWire) -- 02/04/2013 --Echo Automotive Inc. (OTCQB: ECAU) traded in the range of $1.60 and $2.00 during its latest trading session. The stock had opened at $1.68 and is at $1.73, up 12.34 percent from its previous close of $1.54. Echo Automotive recorded the volume of 1.161 million shares. Its average daily trading volume stands at 8.124 million shares. The stock price is trading above its short term moving average price of $1.72 and long term moving average price of $1.41. The stock has its first resistance level at $2.29.

Echo Automotive deals in environmentally safe technologies for vehicles and it is based out of New Zealand.

Find out more on ECAU here:

http://www.wallstreetreport.net/market-scan/?symbol=ECAU

Cannabis Science Inc. (OTC:CBIS) is showing bullish trend as it traded in the range of $0.07 and $0.09 during its latest trading session. The stock had opened at $0.07 and is at $0.09, up 24.61 percent from its previous close of $0.07. Cannabis Science recorded the volume of 18.334 million shares, more than three times its average daily trading volume stands at 5.592 million shares. The stock is likely to remain bullish in medium time period and may touch $0.11 level.

Cannabis Science is a development stage company and develops phytocannabinoid based pharmaceutical products.

Find out what could be next for CBIS by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=CBIS

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