New York, NY -- (ReleaseWire) -- 04/10/2013 --Primco Management Inc. (OTCQB: PMCM) traded in the range of $0.02 and $0.04 during its latest trading session. The stock had opened at $0.03 and is currently at $0.02, down 21.69 percent from its previous close of $0.03. Primco Management recorded the volume of 10.804 million shares, significantly higher than its average daily trading volume of 714k shares, thus showing bearish trend.
The stock has overall bearish trend as per its MACD chart and the stock is likely to maintain the streak. Primco Management is likely to tumble down to $0.015 in the coming trading sessions.
Find out what momentum PMCM could adopt in the very short term here: http://www.wallstreetscoop.net/market-scan/?symbol=PMCM
Punchline Resources Ltd. (OTCQB: PUNL) stock is at $0.30, down 11.76 percent from its previous close of $0.34. The stock shows bearish trend as it made the down move with trading volume of 674k shares, in contrast to the average daily trading volume of 42k shares. Its bearish trend is further confirmed by its MACD chart and the stock may go as low as $0.25 in its coming trading sessions. Upon breaching this level, the stock may breach $0.22 level.
Punchline Resources commands market capitalization of $15.11 million. It announced the detection of quartz vein outcroppings at its Winnemucca Mountain Property in Nevada.
Get the daily trend analysis reports on PUNL here:
http://www.wallstreetscoop.net/market-scan/?symbol=PUNL
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Primco Management & Punchline Resources Momentum: (OTCQB: PMCM), (OTCQB: PUNL)