February 22, 2013 at 15:56 PM EST
Penny Stocks in the News: (OTCQB: CNCT), (OTCQB: CBIS)

New York, NY -- (SBWIRE) -- 02/22/2013 -- China Teletech Holding (OTCQB: CNCT) stock is at $0.21, up 20.76 percent from its previous close of $0.17. Its today’s volume of 5.706 million shares is higher than its usual trading volume of 270k shares. The stock opened the session at $0.22 and touched its highest price point at $0.25. China Teletech’s lowest price point for the session stood at $0.17. The stock’s MACD chart shows bullish trend in the short term. Its first support level is at $0.19. Upon breaching this level, the stock may fall to $0.18 level. However, on the upside, the stock may touch $0.25 level.

China Teletech announced that it has added a new sales channel with Global Travelnet.

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

Cannabis Science Inc. (OTCQB: CBIS) stock is at $0.07, up 5.71 percent from its previous close. Its latest trading volume has been recorded at 5.283 million shares, in comparison to its average daily trading volume of 5.592 million shares. The stock has made up movement with high volume and thus shows bullish trend. It is likely to maintain its stance in the short run and medium run and may go up to $0.08 level in the coming trading sessions.

Cannabis Science is a development stage company and deals in phytocannabinoid based pharma products. The company is based out of Colorado.

Find out more on CBIS here: http://www.wallstreetscoop.net/market-scan/?symbol=CBIS

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