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Tuesday, September 15, 2009

CEL-SCI Corp CVM Stock Analysis - 9/15/09

The following is technical analysis on CEL-SCI Corp. (CVM) for September 15, 2009

CEL-SCI Corp. (CVM) Support & Resistance Levels - 9/15/09

Resistance Levels - $1.60, $1.78, $1.83

Support Levels - $1.10, $1.00
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CEL-SCI Corp. (CVM) stock is soaring on swine flu news today. To find the next major resistance levels I had to go all the way back to 2006. The two major resistance levels after $1.51 are $1.60 & $1.78. A close above $1.78 would be huge and you would see a huge volume surge. Support is all the way down at around $1.10 as well as $1. CVM is showing extreme overbought conditions so use caution when trading this stock.
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