Investor Alley Inc.

Penny Stocks Decliners: (OTCQB: CNCT), (OTC Pink: MJNA)


New York, NY -- (ReleaseWire) -- 02/26/2013 --China Teletech Holding Inc. (OTCQB: CNCT) traded in the range of $0.12 and $0.17 during its latest trading session. The stock had opened at $0.15 and is at $0.14, down 36.28 percent from its previous close of $0.22 with heavy volume. China Teletech Holding recorded the volume of 5.22 million shares. Its average daily trading volume stands at 862k shares. The stock price is trading below its short term moving average price of $0.16. While the stock is likely to remain bearish in short term time frame, it may turn neutral in medium time range as shown by its MACD chart. The stock’s first support levelisat $0.12.

Find out where CNCT could be headed by getting the free trend analysis report here:

Medical Marijuana Inc. (OTC Pink: MJNA) is showing bearish trend as it traded in the range of $0.2750 and $0.35 during its latest trading session. The stock had opened at $0.33 and is at $0.3079, down 5.70 percent from its previous close of $0.33. Medical Marijuana recorded the volume of 10.910 million shares, in comparison to its average daily trading volume of 15.937 million shares. The stock may tumble down to $0.30 level. Upon breaching this level, the stock may go down to $0.29.

On the up side, the stock may go as high as $0.31 in the coming trading sessions.

Find out more on MJNA by getting the free full trend analysis report here:

About issues momentum alerts on stocks that can provide gains to day traders. 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. 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 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 newsletter and receiving alerts from a Pro-Active team of researchers. Wall Street Report 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:

Disclosure: 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 WallStreetreport.Net website, for complete risks and disclosures.

BlueLys, its employees, officers, directors, shareholders and affiliates, hold no positions in the above-mentioned stocks.

For full disclaimer visit:

Contact Info:
Michael Baine