New York, NY -- (ReleaseWire) -- 11/09/2012 --Cannabis Science Inc. (PINK:CBIS) is extending its gains from Thursday in mid-day trading today. CBIS has been gaining momentum on the back of some positive developments for the medical marijuana industry. In today’s trading, the stock is up 26.09% to $0.0870 on volume of 27.92 million, which is nearly four times the daily average volume of 6.32 million.
CBIS has now gained more than 87% in the last three trading sessions. The technical indicators for CBIS are giving strong bullish signals; therefore the rally is likely to continue. The stock has broken through its 200-day moving average. The MACD chart for CBIS is also giving strong buy signal.
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Amarantus BioSciences Inc. (OTC:AMBS) has rebounded in mid-day trading today after posting significant losses in the previous trading sessions. The stock is currently trading 21.11% higher at $0.0436 on volume of 23.62 million, which is significantly above the daily average volume of 15.13 million.
The sharp rise on above average volume suggests that market sentiment has once again turned bullish on AMBS. The stock has crossed its 200-day moving average, which further confirms the bullish trend. AMBS could once again challenge the $0.070 resistance level. The stock had fallen sharply last time after hit this level. If it breaks through this level this time then there could be significant upside potential.
Find out where AMBS could be heading in the very short term by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=AMBS
A123 Systems Inc. (PINK:AONEQ) is down sharply in mid-day trading today, extending its losses. At last check, AONEQ was trading 6.10% lower at $0.0770 on volume of 11.24 million, which is below the daily average volume of 36.80 million. The stock has now fallen more than 17% in the last three trading sessions.
AONEQ, which filed for bankruptcy last month, has fallen sharply in the last few weeks. The technical indicators for the stock suggest that downward slide is likely to continue in the next few trading sessions. AONEQ could find support at around $0.05.
Gain an edge when trading AONEQ and find out how AONEQ could do in the very short term by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=AONEQ
Global Resource Energy Inc. (PINK:GBEN) is seeing a huge rally in mid-day trading today. At last check, GBEN was trading 127.14% higher at $0.159 on volume of 3.58 million, which is substantially above the daily average volume of 7,612. The stock hit an intra-day high of $0.19 in trading today.
The huge rally in GBEN today has been accompanied by significant volume, which indicates that the market sentiment is bullish on the stock. This is confirmed by the crossover of the 50-day moving average today. The stock’s MACD chart is also giving strong buy signals. The MACD has crossed the signal line on the upside, which is a buy signal. The MACD histogram is also indicating increasing upward momentum.
Find out if GBEN could maintain its bullish momentum by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=GBEN
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