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Tuesday, October 13, 2009

Cell Therapeutics CTIC Stock Analysis

CTIC Technical Analysis - The following is Cell Therapeutics ( CTIC ) stock technical analysis for October 14, 2009

Cell Therapeutics, Inc ( CTIC ) Support & Resistance Levels - 10/14/09

Resistance Levels: $1.20, $1.30, $1.57

Support Levels: $1.11, $1.08, $1.00, $0.89



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Cell Therapeutics, Inc. (CTIC) closed right at the 10 day moving average on Tuesday, something worth watching tomorrow. In order for this recent rally to continue, CTIC must go higher and break through $1.20. Failure to hold the 10 day moving average could spark another sell off back to the 200 day moving average. If the 200 day moving average ( $0.89 ) is retested, I would be a buyer. For More Technical Analysis - Go Here

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