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Mid-DayUpdate on Most Active Stocks: (OTCQB: ECAU), (OTCQB: AAMRQ)


New York, NY -- (ReleaseWire) -- 01/23/2013 --Echo Automotive Inc. (OTCQB: ECAU) stock is at $1.04, up 5.05 percent from its previous close of $0.99. The stock opened the session at $1.01 and touched its highest price point at $1.07. Echo Automotive stock’s lowest price point for the session stood at $1.01. The stock is likely to maintain its bullish trend in the near term and medium term. Echo Automotive stock may touch $1.11 level in the coming trading sessions. The company deals in developing cost reduction technologies. Echo Automotive is based out of New Zealand and its products are used for increasing the fuel efficiency of auto vehicles.

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AMR Corporation (OTCQB: AAMRQ) shows mild bullish trend as the stock is trading at $1.40, down 0.71 percent from its previous close of $1.41. It opened the session at $1.42 and has oscillated in $1.39 and $1.47 price range during the session so far. AMR Corporation’s first support level is at $1.29. Upon breaching this level, the stock may go as low as $1.19. On the upside, its first resistance level is at $1.60, while the next resistance level is at $1.65. AMR Corporation offers aviation services and has about 900 aircrafts under its management.

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