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Search Stock |
Updated
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11/20/2009
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CELL THERAPEUTICS INC CDT-COM
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Weekly
Commentary
Our system posted
BUY CONFIRMED
.
The
previous
SELL
recommendation that
was confirmed was made on
09.04.2009
(77)
days
ago, when
the stock price was
1.5600
. Since then
CTIC
has fallen
-30.77%
.
BUY-IF
is confirmed by
a white candlestick with a higher open. The
confirmation price is taken as this week's open
(
1.0000
) according to Rules
of Confirmation.
Patience pays off. The market wavered a week but finally confirmed the recent bullish formation. The dose of the previous week was not enough for a BUY-IF confirmation but this week it is. The week opened with a gap up and the price activity resulted in a close higher than the open. This is a valid confirmation criterion. The market is now ready for a bullish move.
We hope that you bought this stock. You should watch the upward gap in the beginning of the week, closely monitor the current confirmation status posted daily, feel the bullish tendency of the market making sure that prices stay over the opening price and then go long. Your benchmark was the opening price of the upward gap.
If you bought, continue to hold this stock until the confirmation of the next SELL-IF signal. You are on safe grounds as long as the future prices continue to trade above the benchmark price. What to do if you did not buy? Maybe, you did not have time to follow the sessions during the week or you simply delegated the delicate job of confirmation to us. Well it is a bit late, but not too late. You may still find suitable prices for buying in the following sessions.
The market is currently cold for short-sellers. Avoid any short sales and cover the short positions if there are any.
Data provided by: End
of Day Data
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Candlestick Analysis
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This Week's Patterns:
White Candlestick
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This week
a
White Candlestick
was formed.
This represents normal buying pressure.
For more about this candlestick click
here.
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Stock Quote
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Week's Close
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1.0800
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Previous Weekly Close
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0.9857
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| Previous Weekly Open |
1.0000
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| Change |
+0.0943
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| % Change |
+9.57%
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| Volume |
52,328,400
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Stock Activity
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| Week's Open |
1.0000
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Week's High
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1.1400
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Week's Low
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0.9900
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| 20-Week Close M.A. |
1.3077
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| 50-Week Close M.A. |
0.8578
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| 20-Week Volume M.A. |
95,119,714
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Two-Year
Signal History |
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Week of |
Price |
Signal
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$100
Became |
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11.20.09
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1.000
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Buy
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2,572
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09.04.09
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1.560
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Sell
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2,572
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07.31.09
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1.470
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Buy
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2,423
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07.10.09
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1.500
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Sell
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2,423
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03.13.09
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0.0589
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Buy
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95
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01.09.09
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0.1300
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Sell
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95
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12.12.08
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0.1330
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Buy
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97
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02.15.08
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15.600
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Sell
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97
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02.01.08
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14.700
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Buy
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92
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11.09.07
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34.400
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Sell
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92
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10.12.07
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37.500
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Buy
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100
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Disclaimer |
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The opinions provided herein are
intended to inform. They come with no warranty of any kind. If you
should choose to interpret AmericanBulls.com information as investment
advice, you do so at your own risk. Investing can be a very dangerous
venture and it is you who must assume the entire cost and risk involved
in all of your investment decisions, should you choose to follow
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of the staff's families, and/or entities with which they are affiliated,
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