LONDON, July 17, 2014 /PRNewswire/ --
Fannie Mae (OTC: FNMA) was back in focus within the OTC markets
to close yesterday higher by 8.8% on a big pick up in volume.
This is the first serious move and volume pickup we have seen
in Fannie Mae for a few weeks now as the government housing lender
broke through resistance on the upside. With shares now back
towards the $4.50 mark they are
within striking distance of a yearly high.
Windstream Technologies (OTC: WSTI) finally closed at
$0.94 just under the $1.00 level after trading much higher earlier in
the day. Although support was broken and a trade down form
the highs, these shares have made a habit of bouncing back over the
last couple of weeks and could well do again when the markets open
this morning.
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Natural Health Trends Corp (OTC: NHTC) continued its strong run
higher with the stock closing at yet another 52 week high at
$8.12. Since our initial alert
on the stock it's been trending higher almost on a daily basis and
beat the previous closing high of $7.98. Traders will almost be presuming
that the stock goes higher once again in trading today.
Another stock which was trading much higher earlier in the day
before pulling back were shares in Electronic Cigarette
International (OTC: ECIG). With $10.00 seemingly the resistance point the stock
needs to break through it had a run at that price yesterday hitting
$9.50 before closing at $8.20 on the trading day. Traders will be
looking for a recovery trade in shares today when the market opens
on Wall Street.
Green Cures and Botanical (OTC: GCUR) may be due another run
higher after shares approached a recent low in the markets on
Wednesday. There is a lot of support technically for these
shares in the $0.013/0.014 range,
which is right where shares will open this morning. The last
time they hit this level they made a recovery trade of around 50%
to the upside.
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