New York, NY -- (ReleaseWire) -- 01/30/2013 --Echo Automotive Inc. (OTCQB: ECAU) traded in the range of $1.93 and $3.27 during its latest trading session. The stock had opened at $3.26 and is currently at $2.17, down 32.87 percent from its previous close of $3.24. Echo Automotive recorded the volume of 5.184 million shares. Its average daily trading volume stands at 9.380 million shares. The stock price is trading below its short term moving average price of $2.20 but above long term moving average price of $1.31. The stock is likely to remain in neutral mode and it may find its first support level at $2.05.
Echo Automotive is based out of New Zealand.
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AMR Corporation (OTCQB: AAMRQ) shows neutral trend as the stock made a sharp down movement in its latest trading session. It opened the session at $1.10 and remained in $0.93 and $1.10 price range during the session. The stock is 12.63 percent lower at $1.00. AMR Corporation’s first support level is at $0.96. Upon breaching this level, the stock may go as low as $0.83. On the upside, its first resistance level is at $1.21.
AMR Corporation is said to be in merger talks with US Airways. The deal is expected to be finalized in the near future.
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