Morning Reports On The Following Picks: (NYSE: BPZ), (NYSE: HM)

New York (December 28th, 2012) - BPZ Resources Inc. (NYSE: BPZ) traded in the range of $2.72 and $3.07 during its latest trading session. The stock had opened at $2.75 and closed at $3.03, up 8.99 percent from its previous close of $2.78. BPZ Resources shows bullish trend and has its first resistance level at $3.27 while it faces the support at $2.98. If the stock breaches this level, it may go as low as $2.94. BPZ Resources recorded the volume of 2.026 million shares, which is significantly higher than its average daily trading volume of 466k shares. BPZ Resources reported closing of its deal for the sale of its interest in offshore Block Z-1.

Find out if BPZ could pick up more steam in the upcoming trading sessions by getting the free full report here:

Harmony Gold Mining Co. Ltd. (NYSE: HM) shows bullish trend as it opened the session at $8.45 and remained in $8.40 and $8.80 price range during the session. The stock closed 2.86 percent higher at $8.64. Harmony Gold Mining’s first resistance level is at $8.84. Upon breaching this level, the stock may go as high as $8.99. On the downside, its first support level is at $8.71.

Harmony Gold Mining is an exploration company and engages in the business of prospecting and developing gold properties. The company is based out of South Africa. It has about 10 underground operations in Papua New Guinea and South Africa.Find out more about HM by getting the free full report here:

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