CTIC Stock Analysis September 8 2009 9/8/09

CTIC Technical Analysis - The following is Cell Therapeutics ( CTIC ) stock technical analysis for September 8, 2009

Cell Therapeutics, Inc ( CTIC ) Support & Resistance Levels - 9/8/09

Resistance Levels: $1.56, $1.72, $1.85

Support Levels: $1.20, $1.00

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On Saturday, the FDA Set the Action Date of April 23, 2010 for Review of Pixantrone NDA. It appears CTIC did not get the Fast Track date of late December 2009 but this is still ok news. On Friday, CTIC plunged down to the $1.20 support level as this news was leaked. The $1.20 support level has been solid since May 2009 and this is a great area to add shares. On the upside, I will buy CTIC when it can break above the $1.56 high on Friday. I already have a buy alert set up! For More Technical Analysis - Go Here

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