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Penny Stocks Watch-List: (OTCQB: SWVI), (OTCQB: CNCT)


New York, NY -- (ReleaseWire) -- 02/25/2013 --Swingplane Ventures Inc. (OTCQB: SWVI) shows bullish trend as the stock made a sharp movement in its latest trading session. It opened the session at $0.75 and remained in $0.69 and $0.79 price range during the session. The stock is 8.27 percent higher at $0.72. Swingplane Ventures’ first support level is at $0.65. Upon breaching this level, the stock may go as low as $0.60. On the upside, its first resistance level is at $0.78.

Swingplane Ventures has traded 17.9 million shares so far in this trading session. The company announced that it expects to receive confirmation of significant gold assays.

Find out if this announcement could benefit SWVIby getting the free trend analysis report here:

China Teletech Holding Inc. (OTCQB: CNCT) traded in the range of $0.17 and $0.39 during its latest trading session. The stock had opened at $0.33 and is at $0.22, down 22.89 percent from its previous close of $0.28 with heavy volume. China Teletech Holding recorded the volume of 14.67 million shares. Its average daily trading volume stands at 434k shares. 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.

China Teletech Holding may find its first support level at $0.20. Its second support level stands at $0.18.

Find out more on CNCT here:

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