New York, NY -- (ReleaseWire) -- 11/06/2012 --Amarantus Biosciences Inc. (OTC:AMBS) is continuing to gain momentum in trading today. At last check, AMBS was trading 11.01% higher at $0.0605 on volume of 38.04 million, which is nearly four times the daily average volume of 10.10 million. AMBS has now gained more than 185% in the last three trading sessions.
AMBS is likely to extend its gains in the next few trading sessions. The stock broke through its 200-day moving average in the previous trading session, which is a strong bullish signal. The MACD histogram is also indicating increasing upward momentum.
Find out how good AMBS could get after its amazing momentum of the last 3 trading sessions by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=AMBS
Warp 9 Inc. (PINK:WNYN) is sinking after posting significant gains in the last few trading sessions. The stock is currently down 31.28% to $0.123 on volume of 9.05 million, which is significantly above the daily average volume of 1.65 million.
WNYN’s sharp decline on significantly higher volume indicates that the market sentiment has turned bearish on the stock. WNYN is still trading well above its 50-day and 200-day moving averages. However, the correction could continue in the next few trading sessions. WNYN could find support at around $0.10. If the stock falls below this level then the next support level is at $0.060.
Find out if WNYN could bounce back by getting the full trend analysis report for free here: http://www.wallstreetreport.net/market-scan/?symbol=WNYN
Great Wall Builders Ltd. (PINK:GWBU) is seeing a sell-off in mid-day trading today. At last check, GWBU was trading 48% lower at $0.0156 on volume of 17.35 million, which is nearly three times the daily average volume of 6.85 million. Despite the losses, GWBU has gained more than 170% in the last three trading sessions.
GWBU had seen a huge rally in the last three trading sessions. However, the stock has failed to break through $0.035 resistance level. GWBU is still above its 50-day moving average. If the stock falls below this level then the downward slide will continue. GWBU has strong support level at $0.0031.
Find all the answers to traders questions here: http://www.wallstreetreport.net/market-scan/?symbol=GWBU
Southridge Enterprises Inc. (PINK:SRGE) is down sharply in mid-day trading today. At last check, SRGE was down 13.33% to $0.0104 on volume of 37.28 million, which is significantly above the daily average volume of 30.44 million.
The sharp drop in SRGE on above average volume indicates that the recent bullish trend maybe coming to an end. The stock is still trading above its 50-day and 200-day moving averages. A strong bearish trend will established if the stock falls below its 50-day and 200-day moving average. SRGE has support at around $0.08. If the stock falls below this level then the downward slide will continue.
Find out where SRGE could be heading by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=SRGE
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