The following is a Cell Therapeutics ( CTIC ) stock technical analysis for April 27, 2009Cell Therapeutics, Inc Support & Resistance Levels - 4/27/09
Resistance Levels: $0.435, $0.45, $0.49
Support Levels: $0.35, $0.33
CTIC stock has had another nice pop lately but has failed to get back above the $0.45 because there is a lot of sell pressure located in that area. CTIC is now trading above the 10 day moving average and is holding this moving average nicely. When I see CTIC break $0.45 I will be taking a position but will take an even bigger position when I see CTIC trade above $0.49. Keep in mind, this is a trading stock so tight stops are needed! For More Technical Analysis - Go Here
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