Organovo Holdings, Inc. (ONVO)

[WHP03]

Well, the health of the chart is definitely improving, for what that's worth. Meaning, I realize charts for many stocks, especially small companies, represent but one data point. Charts provide a picture of the trend. Stocks ebb and flow within the overall market and their evolution (and news flow). It looks like the stock has built a nice base in the high $3 range. Maybe we reach back to fill the gap created today, but IMO if that happens it's technical and temporary. Given today's news and long-term revenue projections (current fiscal year compared to the last) the stock price should continue to elevate unless ONVO disappoints in a major way (technology all of a sudden is proven, not simply rumored, to be significantly less than portrayed; something I am not anticipating). I plan to watch the trend line within the greater story and increase my position as it ebbs and flows in order to maximize my position for the long-haul. It's truly only the beginning of non-incremental revenue growth - measured in years.