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Penny Stocks Traders Should Know About: (OTCQB: SWVI), (OTCQB: ECAU)


New York, NY -- (ReleaseWire) -- 01/24/2013 --Swingplane Ventures Inc. (OTCQB: SWVI) stock is currently at $0.28, down 4.42 percent from its previous close of $0.29, with high volumes. Its latest trading volume has been recorded at 8.925 million shares. The stock opened the session at $0.30 which is also its highest price point for the session so far. Swingplane Ventures stock’s lowest price point for the session stood at $0.27. The stock’s MACD chart shows neutral trend and the stock may test its first support level at $0.25.

Swingplane Ventures reported finalizing a share exchange agreement. The company is involved in the business of sporting apparels.

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Echo Automotive Inc. (OTCQB: ECAU) is showing bullish trend as it traded in the range of $1.08 and $1.14 during its current trading session. The stock had opened at $1.09 and is currently at $1.14, up 6.54 percent from its previous close of $1.07. Echo Automotive recorded the volume of 2.794 million shares. The stock is likely to remain bullish in medium time period and may touch $1.19 level.

Echo Automotive recently demonstrated its new technology for hybrid vehicles. The technology is used to convert fleet vehicles into hybrids and promote fuel efficiency. Echo Automotive is based out of New Zealand.

Find out if ECAU could maintain its momentum by getting the free full report here:

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