Penny Stocks Making Headlines: (OTCQB: REDG), (OTCQB: ENVS)

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New York (February 28th, 2013) - Red Giant Entertainment Inc. (OTCQB: REDG) shows bullish trend as the stock made sharp movement in its latest trading session. It opened the session at $0.08 and remained in $0.08 and $0.15 price range during the session. The stock is 40 percent higher at $0.14.

Red Giant Entertainment’s first support level is at $0.12. Upon breaching this level, the stock may touch $0.10. On the upside, its first resistance level is at $0.16. The stock has traded 65.57 million shares so far.

Red Giant Entertainment is based out of Florida and develops multimedia platforms. It also offers printing and publishing services.

Find out where REDG could be headed by getting the trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=REDG

Enova Systems Inc. (OTCQB: ENVS) stock is at $0.07, up 419.23 percent from its previous close of $0.01. Its current volume stands at 20.598 million shares. The stock opened the session at $0.05 and touched its highest price point at $0.33. Enova Systems’ lowest price point for the session stood at $0.04.

The stock’s MACD chart shows bullish trend in the short term. Its first support level is at $0.06. Upon breaching this level, the stock may fall to $0.05 level.

Enova Systems designs and develops power train systems. The company is based out of California and it was formed in 1976.

Find out more on ENVS by getting the trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=ENVS

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