SOURCE: Equities Awareness Group

Equities Awareness Group

April 12, 2013 14:10 ET

PremierEquityReports.com Adds Eco-Trade Corp (OTCBB: BOPT) and Petro River Oil Corp (OTCBB: PTRC) to Breakout Watch List

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Equities Awareness Group LLC

NEW YORK, NY--(Marketwired - Apr 12, 2013) -  PremierEquityReports.com, the U.S. leader in equity reports, offers quality reports to investors looking for the most undervalued companies in the market. Premier Equity Reports provides its subscribers with timely information and exclusive analysis on U.S. companies with substantial upside potential and today issues a report on Eco-Trade Corp. (OTCBB: BOPT) and Petro River Oil Corp. (OTCBB: PTRC

Click here - www.PremierEquityReports.com

Today, Premier Equity Reports adds the following companies to their Breakout Watch List:

  • Eco-Trade Corp. (OTCBB: BOPT)
  • Petro River Oil Corp. (OTCBB: PTRC)

Eco-Trade Corp. (OTCBB: BOPT) Announces Letter of Intent for $5 Million Financing. Eco-Trade Corp. has signed a letter of intent with Ambrosia Holding and Finance ltd. For a $5 million financing for the development of its first Bakken well. Manoli Vindirlis, Managing Director of Ambrosia, stated, "We are extremely excited to have the opportunity to work with Eco-Trade on the development of the first well on this very dynamic property in the Bakken. Our historic investment portfolio to date has included resource and international oil and gas, and this first foray into what may be the most exciting oil find in North America, has us focused on efforts to close and drill as expeditiously as possible."

The Bakken oil formation is one of the most promising formations in North America. Experts estimate there to be about 18 billion to 22 billion barrels of recoverable oil given today's technology.

Petro River Oil Corp. (OTCBB: PTRC) Technical Alert. Over the last couple of weeks, Petro River Oil has developed a very bullish chart setup. A solid support base was built in the $0.30 area from March 27, 2013 to April 5, 2013. Over the last week, Petro River Oil has broken out of that base and appears to be creating a new bull flag pattern in the $0.45 area. A new support area has been identified between $0.35 and $0.40.

Trading volume is also increasing as this new bullish pattern develops; a good sign when anticipating a breakout move.

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Disclosure: PremierEquityReports.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. Premier Equity Reports is a wholly owned entity of Equities Awareness Group LLC. Equities Awareness Group LLC has not been compensated by any of the companies mentioned above but does expect to be compensated in the near future for marketing awareness on Eco-Trade Corp. Please read our report and visit our website, for complete risks and disclosures.