New York, NY -- (SBWIRE) -- 11/14/2012 -- Medical Marijuana Inc. (PINK:MJNA) provided information about the expansion and integration of its subsidiary PhytoSPHERE. The subsidiary will help Medical Marijuana Inc. to have better control over the manufacturing process of its products. It will also help the company to exercise better quality control. However, the stock lost 4.26 percent in its latest trading session and closed at $0.09.
On its MACD chart, the stock shows bullish trend for short term and intermediate term period. Medical Marijuana Inc. may face its first resistance at $0.09 level. The company serves industrial hemp and medical marijuana markets.
Find out more about MJNA by reading the free trend analysis report here: PINK:MJNA), Trend Analysis Report" href="http://www.wallstreetreport.net/market-scan/?symbol=MJNA">Medical marijuana Inc (PINK:MJNA), Trend Analysis Report
Nestle (PINK:NSRGY) made an up move in its latest trading session and closed at $63.40. It oscillated in the range of $62.97 and $63.58 during the session. The company recently suffered a setback as it announced recalling Nesquik over salmonella contamination.
Nestle recalled more than 200,000 canisters of the mix but it did not provide any figures for the estimated loss. The company stock is likely to remain in neutral mode during the coming session and may go as high as $63.52. On the downside, it may tumble to $61.92 price level.
Get the latest news, info and trend analysis reports on NSRGY here: Nestle (PINK:NSRGY), Trend Analysis Report
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.
Alexander K. Neumann
WALL STREET REPORT
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-321-1250 (International)