Organovo Holdings, Inc. (ONVO)

[WHP03]

Closed <8-DAY EMA (T-line), which is 'ok', unless it repeats tomorrow, then $3.40 is 2-yr support line. If that fails, the top of a huge Volume-by-price block is $3.31. If we get to oversold on the CCI chart around $3.35 I'll grab another 10-20K shares, just below my current average price.

I agree - this is healthy. ONVO has a bright future. Long investors in ONVO have a very bright future.

Assuming ONVO delivers sequential qtr over qtr growth and Q3-17 (ending in 10 days) is bigger than Q2, and full year fiscal 2017, ending March 31 2017 shows they've exceeded the upper end of guidance ($6.2MM+) we'll be positively poised to receive fiscal 2018 guidance of 2X+ 2017. $4-5 will be an easy new base to build along the way, with a likely doubling from $3.30-$3.40, or whatever becomes 'oversold' in the next 10 days. Assuming market doesn't crumble under the weight of the recent rally, and IBB continues to roll forward - we'll be off to the race IMO in 2017.