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Organovo Holdings, Inc. Message Board

  • thetechtraderca thetechtraderca Jul 18, 2013 11:43 AM Flag

    Harry Boxer's Charts of the Day

    Harry has posted a Charts of the Day video on ONVO at TheTechTrader site noting: Organovo Holdings, Inc. (ONVO) continued its rise on Wednesday, up 1.11, or 16.44%, on 8 million shares. Just in the last 7 sessions this stock has gone from 3.96 to 8.05, more than doubly, as it stair-stepped its way up. The volume continues to increase, momentum looks good, and the channel is intact. Let’s hope Wednesday’s low does not get taken out. That’s 6.75. The company did announce a hundred-million dollar secondary. This could be a buying opportunity, particularly since yesterday’s low around 6.20 holds. It’s not expected to get that low, but if it does come down, that would be a potential buy. A move up toward the 10 area, maybe the 11 zone, is the near-term target.

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6.44-0.060(-0.92%)Nov 26 4:01 PMEST

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