Penny Stocks Showing Bullish Momentum: (OTCQB: SWVI), (OTCQB: AAMRQ)

New York, NY -- (SBWIRE) -- 02/22/2013 -- Swingplane Ventures Inc. (OTCQB: SWVI) is trading in the range of $0.48 and $0.72 in its current trading session. The stock recorded the volume of 23.294 million shares so far, in comparison its average daily trading volume of 16.457 million shares. The stock opened at $0.51 and is currently at $0.62, up 43.72 percent from its previous close of $0.43. Swingplane Ventures has its first resistance level at $0.65 while it faces the support at $0.60. If the stock breaches this level, it may go touch $0.58.

Swingplane Ventures announced that it has completed the formalities for acquiring Mid Americas Corp.

Find out if SWVI could maintain the momentum by getting the trend analysis report here:

AMR Corporation (OTCQB: AAMRQ) is trading in the range of $2.64 and $2.71 during its latest trading session. The stock recorded the volume of 2.426 million shares, significantly lower than its average daily trading volume of 12.796 million shares. Its MACD and EMA charts show bullish trend. The stock opened at $2.67 and is at $2.66, up 1.53 percent from its previous close of $2.62. It is currently trading above its 6 days EMA of $2.51 and has its first support level at $2.62. In the intermediate time period, the stock may test $2.75 resistance level.

Find out more on AAMRQ by getting the trend analysis report here:

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