February 08, 2013 at 14:01 PM EST
Penny Stocks Watch-List: (OTC:SWVI), (OTC:MJNA)

New York, NY -- (SBWIRE) -- 02/08/2013 -- Swingplane Ventures Inc. (OTC:SWVI) shows neutral trend as the stock made a sharp movement in its latest trading session. It opened the session at $0.46 and remained in $0.44 and $0.47 price range during the session. The stock is 2.65 percent lower at $0.44. Swingplane Ventures’ first support level is at $0.41. Upon breaching this level, the stock may go as low as $0.27. On the upside, its first resistance level is at $0.45. Swingplane Ventures has market capitalization of $207.90 million.

The company provided details about its Chile based Algarrobo Property and said that the property has high potential for copper bearing veins.

Find out when SWVI could bounce back by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=SWVI

Medical Marijuana Inc. (OTC:MJNA) traded in the range of $0.35 and $0.41 during its latest trading session. The stock had opened at $0.37 and is at $0.38, up 19.72 percent from its previous close of $0.32 with heavy volume. Medical Marijuana recorded the volume of 15.837 million shares. Its average daily trading volume stands at 12.766 million shares. The stock price is trading above its short term moving average price and long term moving average price of $0.34 and $0.23 respectively.

Medical Marijuana stock has its first support level at 0.34.

Find out if MJNA could maintain the momentum by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=MJNA

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