February 12, 2013 at 13:43 PM EST
Penny Stocks in the News: (OTC:MJNA), (OTC:SWVI)

New York, NY -- (SBWIRE) -- 02/12/2013 -- - Medical Marijuana Inc. (OTC:MJNA) stock is at $0.44, up 7.29 percent from its previous close of $0.41. However, its today’s volume of 8.347 million shares is lower than its usual trading volume of 13.235 million shares. The stock opened the session at $0.42 and touched its highest price point at $0.46. Medical Marijuana’s lowest price point for the session stood at $0.42. The stock’s MACD chart shows bullish trend in the short term. Its first support level is at $0.41. Upon breaching this level, the stock may fall to $0.32 level. The stock is expected to touch $0.47 in the coming sessions.

Find out where MJNA could be headed by getting the full trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=MJNA

Swingplane Ventures Inc. (OTC:SWVI) is trading in the range of $0.47 and $0.55 during its latest trading session. The stock recorded the volume of 5.91 million shares, while its average daily trading volume is of 11.696 million shares. Its MACD and EMA charts show bullish trend. The stock opened at $0.48 and is at $0.55, up 16.45 percent from its previous close of $0.47. It is currently trading above its 13 days EMA of $0.38 and has its first support level at $0.43.

In the intermediate time period, the stock may test $0.58 resistance level.

Find out more on SWVI by getting the full trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=SWVI

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