Penny Stocks on the Move: (OTCQB: TAMO), (PINKSHEETS: RHHBY)

New York, NY -- (SBWIRE) -- 12/31/2012 -- Tamm Oil and Gas Corp. (OTCQB: TAMO) shows bullish trend as the stock made a sharp movement today. It opened the session at $0.20 and remained between $0.16 and $0.22 price range during the session. However, the stock closed 15 percent lower at $0.17. Tamm Oil and Gas’ first support level is at $0.16. Upon breaching this level, the stock may go down to $0.15. On the upside, its first resistance level is at $0.18.