Today we will analyze the stock Cell Therapeutics (CTIC) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Cell Therapeutics (CTIC)
1- Last bearish trend was from 1.46 $ (1/23/2012) to 1.05 $ (2/2/2012) a 0.41 $ move 2- The current bullish trend started from 1.05 $ at 2/2/2012 and is currently trading at 1.11 $.
3- CTIC current support level is at 1.05 which is the 0.00 % fibonacci retracement of the last 0.41 $ move.
4- CTIC current resistance level is at 1.15 which is the 23.60 % fibonacci retracement of the last 0.41 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Cell Therapeutics (CTIC) Short term stock chart patterns for internet stock trading :

None.
Cell Therapeutics (CTIC) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.110 and 1.010 that was broken down at 1.090 transforming into a resistance line.
Cell Therapeutics (CTIC) Long term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 1.010 .

Stock Trading Conclusion:
Cell Therapeutics (CTIC) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 1.15, 1.16, 1.21, 1.22, 1.25, 1.30, 1.46, 1.57, 1.71.
Stock Support levels : 1.10, 1.09, 1.08, 1.07, 1.05,.