New York -- National Graphite Corp. (OTCQB: NGRC) is amongst the major gainers on the OTC market in mid-day trading today. At last check, NGRC was trading 16.32% higher at $0.837 on volume of 1.93 million, which is more than five times the daily average volume of 379,581.
NGRC has now gained more than 58% in the last three trading sessions. NGRC, which is engaged in the acquisition, exploration and development of mineral properties in the Candelaria region of Nevada, has been rallying on the back of some positive development for the company. On Friday, the company had said that samples from its Chedic Prospect yielded 25% to 40% grade with 1,000,000 ton potential.
The rally has pushed NGRC above its 50-day moving average and the stock could continue to rise before facing resistance at around $1.
Get all the tools traders need on NGRC here: http://www.monstertradingalerts.com/market-scan/?symbol=NGRC
Nestle SA (PINKSHEETS: NSRGY), the Switzerland-based consumer goods company, is marginally lower in mid-day trading today. At last check, NSRGY was trading 0.20% lower at $65.60 on volume of 146,132, which is below the daily average volume of 513,571.
NSRGY has gained more than 1.8% in the last five trading sessions. However, the stock has struggled to break through $66 resistance level in the last few trading sessions. A strong bullish trend will be established if NSRGY breaks through this level. The next resistance level after $66 is at $67.78, which is also NSRGY’s 52-week high.
NSRGY on Monday announced that it completed the acquisition of Pfizer Nutrition.Find out more about NSRGY here: http://www.monstertradingalerts.com/market-scan/?symbol=NSRGY
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