Investor Alley Inc.

Volume Watch Alert On: (OTCQB: ECAU), (OTCQB: GNIN)

 

New York, NY -- (ReleaseWire) -- 04/02/2013 --Echo Automotive Inc. (OTCQB: ECAU) stock is at $0.41, down 19.45 percent from its previous close of $0.51. The stock shows bearish trend as it made the downward movement with trading volume of 696,494 shares, in contrast to the average daily trading volume of 2.409 million shares. Its bearish trend is further confirmed by its MACD chart and the stock is also trading higher than its 50 days SMA of $0.40. The stock may go as high as $0.43 in its coming trading sessions.

Echo Automotive develops cost reduction technologies for automobiles. The company is based out of New Zealand.

Find out where ECAU could be headed in the upcoming trading sessions here: http://www.monstertradingalerts.com/market-scan/?symbol=ECAU

Green Innovations Ltd. (OTCQB: GNIN) opened at $0.84 and oscillated in the range of $0.79 and $0.89 in the latest trading session. It is currently at $0.87, down 1.14 percent from its previous close of $0.88. Green Innovations shows neutral trend and the stock’s first resistance level is at $0.90. Upon breaching this level, the stock may touch $0.93. On the downside, it may slip to $0.85. The company commands market capitalization of $33.61 million. In the past 52 weeks, the stock has traded in the range of $0.38 and $3.35.

Green Innovations announced receipt of second wholesale purchase order from Avanti Distribution.

Find out if GNIN could bounce back here:
http://www.monstertradingalerts.com/market-scan/?symbol=GNIN

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