Morning Hot Equities Review & Reports For:(NYSE: UVXY), (NASDAQ: APPY)

New York (December 27th, 2012) - ProShares Ultra VIX Short Term Fut ETF (NYSE: UVXY) shows neutral trend as the fund made a sharp movement today. It opened the session at $23.35 and remained in $23.21 and $25.15 price range during the session. The fund closed 11.15 percent higher at $25.07. ProShares Ultra VIX Short Term’s first support level is at $23.93. On the upside, its first resistance level is at $32.04. Upon breaching this level, the fund may go as high as$35.37. ProShares Ultra VIX Short Term has $144mil worth of net assets under its management and it has provided -97.32 percent return this year.

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Venaxis Inc. (NASDAQ: APPY) opened at $2.58 and oscillated in the range of $2.51 and $2.93 in the current trading session. It closed at $2.83, up 10.02 percent from its previous close of $2.57. Venaxis Inc. shows bullish trend and the stock’s first resistance level is at $3.00. On the downside, it may slip to $2.67. Upon breaching this level, the stock may touch $2.53.

Venaxis Inc. is a biomedical company and is based out of Colorado in the USA. The company focuses on developing human acute appendicitis blood-based test. It was formed in 2000 and was earlier known as AspenBioPharma Inc.

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