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Mid-Day Trend Analysis Report For: (OTC:MKRS), (OTC:WUHN)


New York, NY -- (ReleaseWire) -- 01/22/2013 --Mikros Systems Corp. (OTC:MKRS) is trading in the range of $0.12 and $0.60 during its current session. The stock recorded the volume of 4.263 million shares so far, significantly higher than its average daily trading volume of 6.689K shares. Its up movement accompanied by heavy volume betrays bullish trend, which is further confirmed by its MACD and EMA charts. The stock had opened at $0.17 and is currently at $0.20, up 300 percent from its previous close of $0.05. Mikros recently reported the award of Northrop Grumman subcontract for wireless network engineering. The contract is related to US Navy submarines program.

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Wuhan General Group (OTC:WUHN) shows bullish trend as the stock made a sharp up movement in its current trading session. It opened the session at $0.19 and remained in $0.18 and $0.45 price range so far during the session. The stock is trading 646.84 percent higher at $0.30. Wuhan General’s first support level is at $0.21. Upon breaching this level, the stock may go as low as $0.18. On the upside, its first resistance level is at $0.33. Wuhan General designs and markets industrial blowers. The company offers its products to steam electrical power generation plants.

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