NEW YORK, NY / ACCESSWIRE / April 11, 2016 / The OTC Expert is issuing a report on four stocks that are trading with heavier than usual volume. EGLE, LNCO, FREE and EKSO are showing great technical trends for this week. Continue reading to find out why these stocks are showing such great strength today. - If you want reports on the day's hottest stocks (NYSE/Nasdaq/OTC) subscribe to our newsletter at otc-expert.com.
Eagle Bulk Shipping Inc. (NASDAQ: EGLE) Through its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company owns, charters, and operates dry bulk vessels that transport a range of bulk cargoes, including coal, grain, ore, pet coke, cement, and fertilizers.
Over the past 5 trading days, EGLE has seen gains of well over 100% and, more importantly, an incredible rise in volume after the stock bounced off its 52 week low of 30 cents.
EGLE appears to be continuing this trend, up another 17% in the pre-market this morning.
This one jumped onto our radar late Friday and with an RSI (Relative Strength Index) of just 46.63 (very low considering its sudden rise) we are looking forward to seeing if EGLE can continue this uptrend heading into this week.
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Cellectar Biosciences, Inc. (NASDAQ: LNCO) Through its limited liability company interests in Linn Energy, LLC, focuses on the acquisition and development of oil and natural gas properties in the United States. The company was founded in 2012 and is headquartered in Houston, Texas.
LNCO is on our watchlist this morning and is currently trading higher by 13% pre-market. Technicals look strong for a possible MACD convergence so we are watching to see what this stock will do.
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Ekso Bionics Holdings, Inc. (OTCQB: EKSO) The company designs, develops, and sells exoskeletons for use in the healthcare, industrial, military, and consumer markets in North America, Europe, the Middle East, and Asia.
Shares of EKSO have been bouncing up nicely over the past few trading days, up big for 3 of the last 5 trading days. While its (relative strength index) is rising, at 66.00, it is still slightly below overbought levels. On top of this, its MACD looks great for a continued trend higher.
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FreeSeas Inc. (NASDAQ: FREE) Through its subsidiaries, provides drybulk shipping services. Its vessels carry various drybulk commodities, such as iron ore, grain, and coal, as well as bauxite, phosphate, fertilizers, steel products, cement, sugar, and rice.
FREE has been on a near perfect downward trend to $0. Can FREE go any lower? We think, maybe not. FREE is on bounce play alert for the short-term. If any news or reversal in trend occurs, we will alert you on it.
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