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    Hot Stocks for March 29th 2010 OTC SVMI

    Posted on March 29, 2010 by Dana Salvo

    Breaking News and Technical Analysis Update for March 29th 2010

    SaVi Media Group, Inc. (OTC) SVMI

    SANTA ANA, CA, Mar 29, 2010 SaVi Media Group (PINKSHEETS: SVMI) announces its participation at the 18th annual WAJ (Western Automotive Journalists) Media Days at Laguna Seca Race Track in Monterey, California last week. The company’s mobile unit, the Transit-Connect (Ford Transit Connect) achieved three goals during the event: Mobile installations, Transit-Connect/ DynoValve exposure and promoting the DynoValve via media. The SaVi Group crew, John McGinnis, Jim Sherouse, Rose Fong and Serge Monros met with, and established relationships with journalists, potential distributors and car enthusiasts from throughout the country and overseas.

    Technical Outlook

    SVMI has been trading sideways for the last 2 weeks in a very tight trading range above the 10&13 day moving averages. Traders and Investors recognize that there might be a breakout from this consolidation pattern. A close above .03 could spark some momentum in the stock. Our support levels for the week are the 10&13 day moving averages. This presents itself as a very low risk trade. SVM I is currently up 4% on 1.4 million shares traded in the morning session.