BlueLys

November 5th, 2012 - Mid Day Update on Most Active Stocks For: (PINK:TAGG), (OTC:AMBS), (PINK:GWBU), (PINK:GBGM)

 

New York, NY -- (ReleaseWire) -- 11/05/2012 --TagLikeMe Corp. (PINK:TAGG) is sinking in mid-day trading today. At last check, TAGG was down 26.04% to $0.213 on volume of 28.68 million. The stock has now fallen more than 46% in the last three trading sessions.

The significant selling pressure seen in TAGG in the last few trading sessions indicates that the market sentiment has turned bearish on the stock. TAGG has fallen sharply after hitting the $0.400 resistance level. The slide is likely to continue in the next few trading sessions before the stock hits $0.12 support. The stock could rebound once it hits this support level.

Find out if TAGG could bounce back by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=TAGG

Amarantus Biosciences Inc. (OTC:AMBS) is extending its gains from last week in mid-day trading today. The stock is currently trading 40.71% higher at $0.0392 on volume of 21.12 million, which is nearly two and half times the daily average volume of 8.57 million.

AMBS has now gained nearly 350% in the last three trading sessions. AMBS is trading well above its 50-day moving average. The stock could continue to rise if it breaks through its 200-day moving average. The stock’s MACD suggests that the bullish trend is likely to continue. The MACD is above the signal line and the zero-line, which is a strong bullish signal. Also, the MACD histogram is indicating increasing upward momentum.

Find out when could be the best moment to trade AMBS by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=AMBS

Great Wall Builders Ltd. (PINK:GWBU) is continuing its strong run from last week in mid-day trading today. The stock is currently up 37.39% to $0.0158 on volume of 15.88 million, which is significantly above the daily average volume of 5.60 million. GWBU has now gained more than 276% in the last three trading sessions.

The sharp rise in GWBU in the last few trading sessions has been accompanied by substantial volume. This is a strong bullish signal. The stock has also crossed its 50-day moving average, which is another strong bullish signal. GWBU has also broken through a stiff resistance level of $0.0126.

WallstreetReport.Net has been following GWBU 4 months when the stock traded in a substantial way. Could this be a signal for a comeback? Read the free trend analysis report and benefit from WallStreetReport.Net knowledge on this volatile stock here: http://www.wallstreetreport.net/market-scan/?symbol=GWBU

Global Gaming Network Inc. (PINK:GBGM) is seeing a huge rally in trading today. The stock is currently trading 101.49% higher at $0.0135 on volume of 11.39 million, which is significantly above the daily average volume of 142,780.

The huge surge on above average volume today suggests that the market sentiment has turned bullish on the stock. The stock has also crossed its 50-day moving average, which further confirms the bullish trend. GBGM has also broken through $0.0125, which has been a stiff resistance level. Based on these indicators, the upward momentum is likely to continue in the next few trading sessions.

Find out where GBGM could be heading by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=GBGM

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