Morning Commentary & Reports For:(NASDAQ: SGOC), (NYSE: WRN)

New York (December 27th, 2012) - SGOCO Group Ltd. (NASDAQ: SGOC) traded in the range of $1.02 and $1.86 during its latest trading session. The stock had opened at $1.02 and closed at $1.58, up 56.05 percent from its previous close of $1.01.

SGOCO Group has its first support level at $1.59 while it faces the second support at $1.48. However, the stock is likely to go as high as $1.98 in the coming sessions. After breaching this level, its next resistance level is at $2.08. The company is engaged in the business of developing and marketing LCD monitors. SGOCO Group is based out of China.

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Western Copper and Gold Corporation (NYSE: WRN) stock closed its latest trading session at $1.36, up 28.30 percent from its previous close of $1.06. However, its today’s volume of 774k shares was higher than its usual trading volume of 28k shares. The stock opened the session at $1.13 and touched its highest price point at $1.86.

Western Copper and Gold stock’s lowest price point for the session stood at $1.13. The stock’s MACD chart shows bullish trend in the short term. Its first support level is at $1.32. Upon breaching this level, the stock may fall to $1.09 level. Western Copper and Gold is an exploration stage company and it develops mineral properties.

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