Are These Stocks Ready To Break Out? Ekso Bionics Holdings Inc (EKSO), CGrowth Capital Inc (CGRA) and Baltia Air Lines Inc (BLTA)
New York, NY – GDP INSIDER – 04/02/2015.
This article discusses three companies: Ekso Bionics Holding (OTCBB:EKSO), CGrowth Capital Inc (OTCMKTS:CGRA) and Baltia Air Lines Inc (OTCMKTS:BLTA)
Ekso Bionics Holding (OTCBB:EKSO) posted strong gains yesterday with the stock climbing 28.39% or $0.44 to close at $1.99 on very heavy trading of 6.397 million shares, compared to its three month average trading volume of 0.378 million. The designer and developer of robotic exoskeletons had been trading within a narrow range of $1.16 and $1.50 for the last three months before today’s gains. The sharp increase came on no major news, but the stock recently experienced a bullish MACD crossover. However, with RSI now at 84.30 it may not hold onto these gains.
CGrowth Capital Inc (OTCMKTS:CGRA) went up sharply yesterday with the stock climbing an even 100% or $0.0015 to close at $0.30 on exceptionally heavy trading of 92.719 million shares, when compared to its three month average trading volume of 3.281 million. The holding company focused on mining related interests saw the gains on no major news, but it has pushed the total increase in the value of the stock so far this year to 130.77% and its RSI to 77.34. If CGrowth Capital Inc makes further gains, it should enter a higher trading range making it a hold.
Baltia Air Lines Inc (OTCMKTS:BLTA) stayed flat overall today with the stock fluctuating slightly to open and close at $0.0101 with more than 12.684 million shares changing hands, compared to its three month average trading volume of 7.853 million. The development stage company focused of offering scheduled passenger, cargo and mail service has been trading between $0.01 and $0.02 for the last three month, without showing any sign of breaking out. With such specific changes in value it is better to avoid this stock at this time rather than buying.
UltimateStockAlerts.com provides investors and traders with trading strategies via text message and email. To obtain text message stock alerts service text the word ULTIMATE to 555888 from your cell phone.
UltimateStockAlerts continuously monitors and scans the markets for day trading and swing trading signals on NASDAQ, NYSE, AMEX, OTCBB and Pink Sheet companies for its free e-newsletter subscribers.
Disclosure: UltimateStockAlerts is not a registered investment adviser and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit www.UltimateStockAlerts.com website, for complete risks and disclosures.