New York, NY -- (ReleaseWire) -- 11/07/2012 --Medical Marijuana Inc. (PINK:MJNA) is soaring in mid-day trading today. At last check, MJNA was trading 14.05% higher at $0.130 on a volume of 18.20 million, which is nearly two and a half times the daily average volume of 7.28 million. MJNA today hit a 52-week high of $0.16 in mid-day trading.
MJNA has risen sharply after trading sideways in the last few trading sessions, indicating that the market sentiment has turned bullish on the stock. The sharp rise today has been on the back of significantly high volume, which further confirms the bullish trend.
Find out if MJNA will maintain the momentum and if the stock could hit again its 52 weeks high and maybe surpass it by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=MJNA
Another major loser on the OTC market in mid-day trading today is A123 Systems Inc. (OTC:AONEQ). The stock is currently down 21.14% to $0.10 on volume of 13.5 million. AONEQ had filed for bankruptcy recently and as a result, the company’s shares have been delisted from the NASDAQ. The stock is now trading well below its 50-day and 200-day moving averages.
Find out if AONEQ could bounce back in the short term by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=AONEQ
Cannabis Science Inc. (PINK:CBIS) is up sharply in mid-day trading today. At last check, CBIS was trading 2.55% higher at $0.0482 on volume of 11.14 million, which is nearly two and a half times the daily average volume of 4.97 million. CBIS has now gained nearly 8% in the last three trading sessions.
CBIS is now trading close to $0.055 resistance level. If the stock can break through this level then there is significant upside potential. The technical indicators for CBIS indicate that the stock is likely to breakthrough $0.055. The stock’s MACD has crossed the signal line on the upside, which is a bullish signal. Recent volume activity also indicates that the market sentiment has turned bullish on the stock.
Find out if CBIS could maintain the momentum by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=CBIS
Warp 9 Inc. (PINK:WNYN) is sinking in mid-day trading today, extending its losses for the week. The stock is currently down 38.78% to $0.0502 on volume of 4.84 million, which is more than two times the daily average volume of 2.16 million. WNYN has fallen nearly 58% in the last three trading sessions.
WNYN had a seen huge rally last week. The stock is now seeing a sharp correction. Technical indicators suggest that the downward slide is likely to continue in the next few trading sessions.
Get the info that could help traders when trading WNYN by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=WNYN
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