Penny Stocks Watch-List: (OTCQB: ECAU), (OTCQB: GNBT)

New York (January 31st, 2013) - Echo Automotive Inc. (OTCQB: ECAU) shows neutral trend as the stock made sharp movement in its latest trading session. It opened the session at $1.85 and remained in $1.45 and $1.85 price range during the session. The stock is 20.10 percent lower at $1.55. Echo Automotive’s first support level is at $0.86. Upon breaching this level, the stock may touch $0.73. On the upside, its first resistance level is at $2.44.

Echo Automotive offers cost reduction environment friendly technologies. The company is based of New Zealand. Its technologies are used to convert fleet vehicles into hybrid vehicles.

Find out if ECAU could bounce back in the upcoming trading sessions by getting the free full report here: Generex Biotechnology Corp. (OTCQB: GNBT) is trading in the range of $0.047 and $0.07 in its current trading session. The stock recorded the volume of 30.7 million shares so far, in comparison its average daily trading volume of 3.297 million shares. The stock opened at $0.06 and is currently at $0.05, down 21.63 percent from its previous close of $0.06. Generex Biotechnology has its first resistance level at $0.06 while it faces the support at $0.04. If the stock breaches this level, it may touch $0.03.

Generex Biotechnology is a development stage company and it develops drug delivery systems. The company is based out of Canada.

Get everything traders and investors need to know on GNBT here:

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