Cell Therapeutics CTIC Stock Analysis - 10/27/09

CTIC Technical Analysis - The following is Cell Therapeutics ( CTIC ) stock technical analysis for October 27, 2009

Cell Therapeutics, Inc ( CTIC ) Support & Resistance Levels - 10/27/09

Resistance Levels: $1.20, $1.30, $1.57

Support Levels: $1.00, $0.94

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Cell Therapeutics, Inc. (CTIC) is back testing support of $1.00 per share. If this level does not hold, I look for the 200 day moving average ( currently $0.94 ) to be retested. I continue to watch $1.20 on the upside. I feel that as soon as we see a close over $1.20, CTIC should get a nice pop to the upside. Until then, I remain on the sidelines. For More Technical Analysis - Go Here

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