The 50 day is a good start.  The 200 dma is the bigger step.  And even more so when the 50 day crosses back over the 200 and we get... wait for it.... "The Golden Cross".
lmao, seriously though, in any stock it's a good thing to have the moving averages in order.  We want the 5,10, 20, 50, and 200 under us, not over our heads.  Up and down days are healthy, but being over the 50 and 200 are important support levels that help hold a stock on a bad day.  CTIX may not have the volume it needs to break through the 200 dma and could even slide back under the 50 during the day. Closing above it though would suggest this will continue and may soon challenge the 200 day.
HFT's (high frequency trading) computers use the major moving averages as well in their algorithms, not saying CTIX has the volume to attract much on that front but wanted to throw that out there.
So, as you can see I could go on and on.  I am still bullish for CTIX overall but wouldn't be surprised to start seeing a bit of consolidation while we set up to battle the 200 dma @ 1.80.