The following is Cell Therapeutics ( CTIC ) stock technical analysis for April 1, 2010
Cell Therapeutics ( CTIC ) Support & Resistance Levels - 4/1/10
Resistance Levels: $0.73, $0.80
Support Levels: $0.53
Cell Therapeutics, Inc. (CTIC) continues to hold $0.53 support on a closing basis but is in a nasty downtrend. Today is the first day of April 2010 and at the end of this month, the FDA will decide on the fate of Pixantrone. I will not be buying Cell Therapeutics, Inc. until it closes back above the 10 day moving average located at $0.67.
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