Harry has posted a Charts of the Day video on ONVO at TheTechTrader site noting: Organovo Holdings, Inc. (ONVO) has had a very nice run since we first bought this stock earlier this year when it was trading in the 2-3.00 range. Now, it’s gone all the way up to 10.54, which is the spike high from 2012. It's on its 5th leg up, and if it can get through Tuesday’s high, it could fly. But after the pullback from 10.54 to 9.36, about 1.18 off the high, up only 33 cents, it had a pretty poor close. Although it did have a volume of 13.8 million shares, the biggest volume in its history. It may have a significant top, but we won’t know for the next few day. But keep your eye on this one in case it gets through the 10.54 level.
Like HB. No frills, straight up technician with solid pics.. he found ONVO for me after all so no complaints. ONVO has been on his rotation for a while now. 2 weeks ago he was saying 8.5 then 10 for resistance.. well, there go those marks! it's blowing out of the upper range of his channel so not even HB knows how high it can fly..