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Morning Trend Analysis Report On: (NASDAQ: ONCY) (NYSE: GWAY)

Tuesday, 18 December 2012 12:26 AM

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New York (December 18th, 2012) - Oncolytics Biotech Inc. (NASDAQ: ONCY) shows bullish trend as the stock made a sharp up movement in its previous trading session. It opened the session at $3.14 and remained in $3.13 and $3.69 price range. The stock closed 9.03 percent higher at $3.38. Oncolytics Biotech’s first support level is at $3.34. Upon breaching this level, the stock may go as low as $3.26. On the upside, its first resistance level is at $3.80. The company recently reported positive results for the Phase III of its new drug for neck and head cancers, Reolysin. 

Find out what traders and investors need to do when it comes to ONCY by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=ONCY

Greenway Medical Technologies Inc. (NYSE: GWAY) stock closed its latest trading session at $16.04, down 1.29 percent from its previous close of $16.25. Its latest trading volume has been recorded at 235k shares, in contrast to the average daily trading volume of 197k shares. The stock opened the session at $16.24 and touched its highest price point at $16.26.

Greenway Medical Technologies stock’s lowest price point for the session stood at $15.60. The stock’s MACD chart shows neutral trend and the stock may test its first support level at $15.23. Greenway Medical Technologies provides information technology solutions for healthcare services. The company is based out of Georgia. 

Find out if GWAY could bounce back in the very short term by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=GWAY

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