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Saturday, September 26, 2009

CEL-SCI Corp CVM Stock Analysis 9/28/09

The following is technical analysis on CEL-SCI Corp. (CVM) for September 28, 2009

CEL-SCI Corp. (CVM) Support & Resistance Levels - 9/28/09

Resistance Levels - $1.68, $1.90, $2.10

Support Levels - $1.50, $1.34


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CEL-SCI Corp. (CVM) is back testing the 10 day moving average and so far this has been a solid support level. Each pullback has been bought heavily.

On the upside, CVM has resistance at $1.68 as well as $1.80-$1.90. If CVM can break above $1.90, I think it can really break out to the upside.

As long as CVM remains above the 10 day moving average, I like to stock for a trade. For more Technical Analysis - Go Here

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