OTC Stocks Daily Trading Focus: Neutra Corporation, Terra Tech Corp, Plandai Biotechnology, Inc. Nano Tech Entertainment, Inc. Techprecision Corp.
July 3, 2014 8:00 AM ET
LONDON, July 3, 2014 /PRNewswire/ --
Neutra Corp (OTC: NTRR) continued its firm uptrend with another day closing higher by 18% on heavy volume. After hitting a low point on June 25th shares have been higher each day as the stock recovers to where it was trading back in April. With Neutra now at a key trading level for short term traders today should be an interesting day, if there is not much resistance at that point then shares have the potential to move to the $0.70 level before the end of the week. With new products and positive news having being released over the last week investors will be hoping this run continues.
Shares in Terra Tech Corporation (OTC: TRTC) were also higher once again as that company continues to trade in a range around the $0.50 mark. The trend looks to be Terra Techs friend as they too have released potentially positive news that could impact the share price directly. New stores and contracts are normally a good sign with the stock closing higher by almost 4% ahead of the open today.
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Plandai Biotechnology (OTC: PLPL) enjoyed a strong day to the upside closing as one of the top small cap gainers by 22%. We have featured Plandai in our penny stocks picks numerous times and the stock continues to deliver over the last week. In similar fashion to shares in Neutra Corp they have also hit a recent low and been trading higher since that point on June 26th. If Plandai Biotechnology can continue to trade on this path then the $1.00 level it traded at back in April may not be an unrealistic target.
Nano Tech Entertainment (OTC: NTEK) continued its recent recovery off the bottom as its stock closed higher by 7.5% ahead of the open today for penny stocks. Since a recent low point for the shares on June 18th the company has looked fairly solid after an initial surge and then a hold of that price at current levels. Traders will be looking for the stock to breakout to the next level in order to reach double digits again.
Techprecision Corp (OTC: TPCS) did close lower by just over 8% to finish a weak day compared to what we are used to for the company. After a recent move higher the stock has pulled back in the short term and did hold the support level at $0.53. If shares can bounce of that support then the stock could get back into the $060/0.65 level in a short space of time.
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SOURCE AMG Global Advisors Ltd
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