New York, NY -- (ReleaseWire) -- 01/21/2013 -- World Moto Inc. (OTC:FARE) shows neutral trend as the stock made a sharp movement in its latest trading session. It opened the session at $0.05 and remained in $0.03 and $0.05 price range during the session. The stock closed 35.34 percent lower at $0.0311. World Moto’s first resistance level is at $0.07. Upon breaching this level, the stock may go up to $0.10. World Moto manufactures and markets taxi meters. These meters are used by motorcycle taxis. The company also offers consulting services to corporate and government clients. World Moto is based out of Bangkok in Thailand.
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Zippy Bags Inc. (OTC:ZPPB) opened at $0.28 and oscillated in the range of $0.18 and $0.28 in the latest trading session. It closed at $0.21, down 24.19 percent from its previous close of $0.28. Zippy Bags shows neutral trend and the stock’s first resistance level is at $0.38. Upon breaching this level, the stock may touch $0.50. On the downside, it may slip to $0.15. Zippy Bags announced the launch of its new products, Zippy Wheel Bag and Zippy Bike Bag. The company is engaged in the business of manufacturing hybrid sporting goods bag. It is based out of Magna in Utah.
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