ReleaseWire

Volume Watch Alert On: (OTC:OCTX), (NYSE:AIG)

Posted: Thursday, April 25, 2013 at 2:09 PM CDT

New York, NY -- (ReleaseWire) -- 04/25/2013 --Octagon 88 Resources Inc. (OTC:OCTX) traded in the range of $6.00 and $6.89 during its latest trading session. The stock opened at $6.55 and is currently at $6.68, up 6.57 percent from its previous close of $6.27. With its upward movement, the stock’s MACD chart shows bullish trend and the stock is trading above its short term moving average price of $6.62 and its long term moving average price of $6.6, confirming the bullish trend.

The stock has the beta of 0.16, implying very low volatility and the company commands market capitalization of $144 million.

Find out more on OCTX here:
http://stockreportdaily.com/market-scan/?symbol=OCTX

American International Group Inc. (NYSE:AIG) traded in the range of $41.53 and $42.66 during its latest trading session, which is also its 52 weeks high. The stock had opened at $41.74 and is currently at $42.35, up 1.78 percent from its previous close of $41.60. American International Group recorded the volume of 16.410 million shares, in comparison to its average daily trading volume of 17.082 million shares, thus showing bullish trend.

The stock has overall bullish trend as per its MACD chart and the stock is likely to maintain the streak. It is also trading above its 20 days SMA and 50 days SMA of $42.30 and $42.28 respectively, further confirming the trend.

Get the daily trend analysis reports on AIG here:
http://stockreportdaily.com/market-scan/?symbol=AIG

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