November 12, 2012 at 19:00 PM EST
Is Heavy Volume Indicative Of Potential Upside? Comparative Analysis Between (OTCQB: SANP), (OTCQB: CBIS)

New York (November 12th, 2012) - Santo Mining Corporation (OTCQB: SANP) stock closed its latest trading session at $1.30, up 21.50 percent from its previous close of $1.07. The stock is up on the news of the company acquiring Nathaniel Gold Claim. The new property is located east of Moncion. The stock’s volume of 4.015 million shares was higher than its usual trading volume of 1.245 million shares and it opened the session at $1.09 before touching its highest price point at $1.30. The stock’s MACD chart shows neutral trend in the short term. Its first support level is at $0.84. The stock gained 62.5 percent in past 7 days.As mentioned in the title SANP had a good volume on Monday, find out where it could be headed in the very short term by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=SANP Cannabis Science Inc. (OTCQB: CBIS) traded in the range of $0.06 and $0.10 during its latest trading session and recorded the volume of 34 million shares, significantly higher than its average daily trading volume of 7.92 million shares and 8 times higher than SANP. Even after this heavy volume, the stock had opened at $0.09 and closed at $0.06, down 29.61 percent from its previous close of $0.09. The company is likely to benefit from recent legalization of marijuana in two states. In the intermediate time period, the stock may test $0.08 resistance level as its MACD chart shows bullish trend in the near term. Cannabis Science gained 40 percent in the past days trading.Could this announcement really benefit CBIS in the upcoming trading sessions? find out here: http://www.wallstreetreport.net/market-scan/?symbol=CBIS To close the matter, as seen above, a heavy volume doesn’t necessarily mean gains. However let’s not forget the fact that the announcement made by SANP definitely helped the stock gain some momentum. What’s next for CBIS? If they make an announcement tomorrow could that help the stock bounce back? Make sure to keep in touch with WallStreetReport.Net daily coverage and by clicking on the above links to get all the necessary info on all the tips traders need.About Us: WallStreetReport.net issues momentum alerts on stocks that can provide gains to day traders. WallStreetReport.net 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. WallStreetReport.net 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 WallStreetReport.net 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 WallStreetReport.net 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 you to be part of the Free VIP membership. Simply sign up for free and start receiving exclusive alerts. Subscribe Here: http://www.WallStreetReport.net Disclosure: WallStreetReport.net 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. Contact Info: Alexander K. NeumannWALL STREET REPORTinfo@WallStreetReport.net 347-905-5009

Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here