New York, NY -- (ReleaseWire) -- 02/05/2013 --Cereplast Inc. (OTCQB: CERP) shows bullish trend as the stock made a sharp movement in its latest trading session. It opened the session at $0.03 and remained in $0.03 and $0.0395 price range during the session. The stock is 33.33 percent higher at $0.039. Cereplast’s first resistance level is at $0.08. Upon breaching this level, the stock may go as high as $0.09. On the downside, its first support level is at $0.02.
Cereplast has traded 35.19 million shares so far. The company announced $300,000 in new revenue and provided updates about its Italian application decree.
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Echo Automotive Inc. (OTCQB: ECAU) stock is at $2.06, up 19.77 percent from its previous close of $1.72. The stock opened the session at $1.81 and touched its highest price point at $2.08. Echo Automotive stock’s lowest price point for the session stood at $1.76. The stock is currently above its 6-days EMA of $1.80 and its 20 days EMA of $1.47, thus showing bullish trend. However, its MACD chart also shows bullish trend and the stock is likely to make up movement in coming trading sessions to $2.29.
Echo Automotive offers environment friendly technological solutions. The company is based out of New Zealand.
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