CEL-SCI Corp CVM Stock Analysis October 2009

The following is technical analysis on CEL-SCI Corp. (CVM) for October 5, 2009

CEL-SCI Corp. (CVM) Support & Resistance Levels - 10/5/09

Resistance Levels - $1.74, $1.77, $1.83, $2.10

Support Levels - $1.60, $1.52, $1.34, $1.10

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CEL-SCI Corp. (CVM) continues to hold the major support level of $1.60 ever since making the low of $1.52. If CVM falls below $1.60, I'd be a seller of the stock. Right now, there is major resistance at the 10 day moving average ( $1.74 ) and $1.77. As soon as CVM closes over $1.80, I will get back into the stock in a big way with a tight stop at the 10 day moving average. If positive news comes out and CVM breaks the $2.10 high, look out above! All serious day traders should have CVM on their watch lists. For more Technical Analysis - Go Here

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