Share price of Lifevantage Corp. (OTC:LFVN) appreciated slowly during Friday session under the effects of a new scientific publication and the expectation of the financial results of the company. Today should also be an intensive session as well. 
LFVN closed at $1.50 on Friday, which is a 4.90% increase from the previous day, while the trading volume was much larger than the three-month average with over 445,000 traded shares. The $1.50 level has been a level of resistance for LFVN, but it should not be for today’s session as it was overcome on Friday when the share price reached $1.51.
A week ago, LFVN issued a press release which said that the financial results for the quarter ended September 2011 should be announced after market close today. Thus, the share price price and the demand could go higher today. LFVN has closed the last two trading sessions with an increase, probably due also to the news from Thursday which said that a scientific magazine has published a new study which involved LFVN lead product Protandim.
Though the expectation of the results could make LFVN stock price more volatile, the outcome tomorrow will depend on the announced results and the management discussion in the investor corporate conference call which is to be held at market close today.
