The following is Cell Therapeutics ( CTIC ) stock technical analysis for March 29, 2010
Cell Therapeutics ( CTIC ) Support & Resistance Levels - 3/29/10
Resistance Levels: $0.73, $0.80
Support Levels: $0.60, $0.53
Shares of Cell Therapeutics, Inc. dropped on Friday as the bulls and the bears continue to fight back in forth as to what this company is actually worth now. Cell Therapeutics will have an FDA decision due out at the end of April. The downtrend that began after Cell Therapeutics hit $1.25 is now continuing. I would not touch this stock unless it closed back above $0.73. Then maybe I'd take another hard look at the stock.
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