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What Investors Need to Know On: (OTCQB: ECAU), (OTCQB: CERP)


New York, NY -- (ReleaseWire) -- 02/06/2013 --Echo Automotive Inc. (OTCQB: ECAU) deals in technological solutions for making vehicles more environment friendly. Its stock is trading in the range of $2.02 and $2.30 during its latest trading session. The stock recorded the volume of 1.771 million shares, in comparison to its average daily trading volume of 6.955 million shares. Its up volume shows bullish trend, which is further confirmed by its MACD and EMA charts. The stock is expected to touch $3.26 level in the coming trading sessions. It is currently at $2.25, up 17.19 percent from its previous close of $1.92. The company commands market capitalization of $168.75 million.

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Cereplast Inc. (OTCQB: CERP) stock is at $0.05, up 27.14 percent from its previous close of $0.04. The stock opened the session at $0.05, which is also its highest point for the session so far. Cereplast Inc. stock’s lowest price point for the session stood at $0.05. The stock is currently above its 6-days EMA of $0.04 and 20 days EMA of $0.03, thus showing mildly bearish trend. The stock is expected to touch $0.08 in the coming trading sessions, while its second resistance level is at $0.09.

Cereplast Inc. is based out of California and deals in bio-based resins.

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