Investor Alley Inc.

Penny Stocks in the News: (OTCQX: ONVO), (OTCQB: MWIP)

 

New York, NY -- (ReleaseWire) -- 02/21/2013 -- Organovo Holdings Inc. (OTCQX: ONVO) stock is at $4.34, down 3.56 percent from its previous close of $4.50. The stock shows neutral trend as it made the down move with trading volume of 568k shares. Its trend is further confirmed by its MACD chart and the stock is also trading lower than its 6 days EMA of $4.53. The stock may go as low as $4.04 in its coming trading sessions. Upon breaching this level, the stock’s next support level is at $3.55.

Organovo Holdings deals in 3D bioprinting technology. The company specializes in producing functional human tissues.

Find out more on ONVO here: http://www.wallstreetreport.net/market-scan/?symbol=ONVO

MediSwipe Inc. (OTCQB: MWIP) opened at $0.08 and oscillated in the range of $0.0572 and $0.05823 in the latest trading session. It is currently at $0.059, down 28.83 percent from its previous close of $0.08. MediSwipe shows bearish trend and the stock’s first resistance level is at $0.07. Upon breaching this level, the stock may touch $0.075. On the downside, it may slip to $0.06. MediSwipe has traded 15.961 million shares so far.

The company reported revenue of over $1 million for the months of January and February. MediSwipe is based out of Florida and provides transaction security solutions.

Get more info on how MWIP could react in the upcoming trading sessions here: http://www.wallstreetreport.net/market-scan/?symbol=MWIP

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