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Mid-Day Penny Stocks on the Move: (OTCQB: ECAU), (OTCPINK: FMYR)

 

New York, NY -- (ReleaseWire) -- 01/28/2013 -- Echo Automotive Inc. (OTCQB: ECAU) shows neutral trend as the stock made a sharp movement in its latest trading session. It opened the session at $1.77 and remained in $1.74 and $2.05 price range during the session. The stock is currently 16.27 percent higher at $1.93. Echo Automotive’s first support level is at $1.53. Upon breaching this level, the stock may go as low as $0.89. On the upside, its first resistance level is at $1.85. The stock is currently in the bullish phase.

Echo Automotive reported that it would be participating in NTEA Show. The show will be held in March in Indiana.

Find out if this report could benefit ECAU by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=ECAU

Family Room Entertainment Corp. (OTCPINK: FMYR) traded in the range of $0.06 and $0.15 during its current trading session. The stock had opened at $0.06 and closed at $0.09, up 78 percent from its previous close of $0.05 with heavy volume. Family Room Entertainment recorded the volume of 12.887 million shares. The stock price is trading above its short term moving average price and long term moving average price of $0.02. 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.

Family Room Entertainment may find its first support level at $0.03.

Find out where FMYR could be headed by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=FMYR

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