New York, NY -- (ReleaseWire) -- 01/02/2013 --BPZ Resources Inc. (NYSE: BPZ), a company focused on exploration, development and production of oil and natural gas in Peru and Ecuador, is seeing a pullback in mid-day trading today after rallying in the previous trading session. BPZ gained more than 8% on Monday after the company announced that the Peruvian government signed the Supreme Decree authorizing Perupetro to execute an amendment to the Block Z-1 License to add Pacific Rubiales Corp. to the Z-1 License contract.
BPZ is currently trading 1.90% lower at $3.09 on volume of 180,455, which is well below the daily average volume of 650,886. The stock has slipped from $3.20 resistance level. The upward trend will continue if the stock can break through this level.
Find out what’s next for BPZ by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=BPZ
Cliffs Natural Resources Inc. (NYSE: CLF), a mining and natural resources company engaged in the production of iron ore pellets, fines and lump ore, and metallurgical coal, is up sharply in mid-day trading today, extending its gains from the previous trading session.
CLF is currently trading 1.24% higher at $39.05 on volume of 3.14 million, which is less than half of the daily average volume of 8.60 million. The stock had finished 8.4% higher on Monday. CLF broke through on Monday after trading sideways last week. The stock broke through $36 and $38 resistance levels, which is a bullish signal. The next resistance level for the stock is at $40. If it breaks through this level then the rally could continue.
Find out if CLF could pick up more steam in the very short term by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=CLF
About MonsterTradingAlerts.com
MonsterTradingAlerts.com issues momentum alerts on stocks that can provide gains to day traders. MonsterTradingAlerts.com provides members with timely information and exclusive alerts on cheap and under-valued stocks in the United States with the potential to deliver gains of 100% - 200% or more. MonsterTradingAlerts.com monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals MonsterTradingAlerts.com is often in the know of several large investor awareness campaigns being deployed.
Timing is everything when trading Penny Stocks. Gain an Edge by joining the MonsterTradingAlerts.com newsletter and receiving alerts from a Pro-Active team of researchers. Trading Alerts believes traders should have a chance at successfully trading penny stocks and invites traders and investors to be part of the Free VIP membership.
Simply sign up for free and start receiving exclusive alerts.
Subscribe Here: http://www.MonsterTradingAlerts.com
Disclosure: MonsterTradingAlerts.com is not a registered investment advisor 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 MonsterTradingAlerts.com website, for complete risks and disclosures.
Investor Alley, its employees, officers, directors, shareholders and affiliates, hold no positions in the above-mentioned stocks.
Contact Info:
Alexander K. Neumann
Monster Trading Alerts
info@MonsterTradingAlerts.com
347-905-5009