CEL-SCI Corp CVM Stock Analysis November 2009

The following is technical analysis on CEL-SCI Corp. (CVM) for November 2, 2009

CEL-SCI Corp. (CVM) Support & Resistance Levels - 11/2/09

Resistance Levels - $1.20, $1.45, $1.60, $1.70

Support Levels - $1.00, $0.92, $0.80

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CEL-SCI Corp. (CVM) closed back above $1.00 Friday after hitting a low of $0.92 on Thursday. I have been warning of this fall ever since CVM broke below $1.60 in early October. There are basically no fundamentals but a lot of third party websites promoting this stock in the form of press releases. As for the technicals, if CVM can close above $1.20, I will jump in for a quick trade.. CVM needs to get back above the 10 & 50 day moving averages for a recovery to happen. For more Technical Analysis - Go Here

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