Organovo Holdings, Inc. (ONVO)

[WHP03]

$3.63 is the 8-DAY EMA. Would prefer not to close below that line 2-days in a row. If that fails, I would think the worst we'd see (the very worst) is a trip down to $3.30 (the equivalent 19% decline from the dip right before we doubled up to $4.99 intraday the last major run-up. I don't see us violating the 200 or 50 DMAs this time, and do believe we stay between the 8 Day EMA and upper Bollinger Band. We c an close below the 8-DAY EMA once, but I doubt we do it two days in a row.