Cell Therapeutics (NASDAQ: CTIC) (NASDAQ:CTIC) Stock Research Trends Targets and Technical Analysis - Nasdaq market [en]

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 bullish trend was from 0.67 $ (2/26/2010) to 1.15 $ (3/8/2010) a 0.48 $ move 2- The current bearish trend started from 1.15 $ at 3/8/2010 and is currently trading at 1.00 $. 3- CTIC current support level is at 0.97 which is the 38.20 % fibonacci retracement of the last 0.48 $ move.
4- CTIC current resistance level is at 1.04 which is the 23.60 % fibonacci retracement of the last 0.48 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Cell Therapeutics (CTIC) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.670 .
Cell Therapeutics (CTIC) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.670 and 0.640, and is currently supporting at 0.691.
Cell Therapeutics (CTIC) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.670 and 0.640, and is currently supporting at 0.691.

Stock Trading Conclusion:
Cell Therapeutics (CTIC) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 1.04, 1.04, 1.06, 1.08, 1.09, 1.15,.
Stock Support levels : 0.97, 0.91, 0.85, 0.69, 0.67, 0.54,.