25th day of QQQ short term up-trend; ONVO has green line break-out

GMI6/6
GMI-28/8
T210855%

ONVO   is   an almost vertical climb.   It broke above its green line top on Thursday and has closed at an all-time   high. Normally this break above a multi-month top would be a major buy signal, but this strong rise could be a climax run or reflect some important development in their business? I still have a small position in ONVO, but it remains a very speculative and fragile holding for me.

ONVO11142013

 

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