My guess would be that it bounces around here between 1.88-2.00 for several days before resuming higher to test 2.10-2.20. I'm not expecting the big breakout above 2.40 in the next couple months, and expect to see a pullback to 1.75 after RR. Hope to be wrong about that.
Nice run-up, but Captain obvious is here...Peak volume with little change in price means balanced buying and selling pressure...and a lot of both. Often (not always!) means a local top has been reached.
We shall see.
What point are you trying to make? That the stock might drop? That the stock spiked for a reason yet unknown?
You're wrong. There have not been PRs timed with all of those volume events and that is false information.
Want proof? I went and pulled every high volume and sp gain event in the last 18 months and compared to PRs.
April 25th, 2014 Spike - Closest PR was April 14.
September 5th 2013 Spike - closest PR was september 9th which started actually caused a massive sell off and a reverse of the increase. Prior to that the closest pr was mid august.
July 19th, 2013 Jump - PRs on june 26th and August 12th
May 10th, 2013 jump - PRs on april 5th and may 28th.
You can clearly see that PRs are NOT causing these events.
Moving forward VERY nicely! Undeniably have some big eyes on Cellceutix.
btw, sent you a pm on SA.
It's called healthy consolidation...
Being prepared either way is good.
I guess that's a matter of interpretation. I don't believe that trial completion is the catalyst here as it is simply the end of an already predefined term. Results would be actionable news. We are all pretty good at turning just about every PR into our own "actionable news". For my own personal investing I would consider what we have received to be nice updates but nothing of recent memory to act on. We all watch this stock pretty closely and i haven't seen anyone cite anything that aligns nicely with the increase in volume and SP. I thought maybe the patent awarding was it, then i thought maybe there was a heavy PR coming but neither of those presented unexpected or groundbreaking information and have been simply formalities at this point.
You could be right and this is build up to study results. Perhaps that's the action here but i would have expected a slower build into the SP if that were the case.
I certainly hope i'm wrong and continued efforts to break $2 may indicate there is more going on here but i'm prepared to be back in the 1.80's in the near term.
good for you.
also isn't it amazing how investors show up when the news is good without a lot of new news outlets? again i'm withou. this PR was pretty clear.
thanks for posting SP
gov
45k at $2.00 ask. Someone is determined to keep it in place for now.
What we remember most about $51.53 is that many who were touting it sold below $2.40 before letting the others know they no longer felt like waiting for that price. No reason to resurrect that sorta thing.
Go CTIX!
vip.....nice work pulling out the "house bio#"...51.53 should be in many memory banks.
CTIX.....printing Green for months and years to come.
Hopefully you'll need to fix it again later, upside. nice wall at $2.00. 26k at the ask. I figure it's a lunchtime blockade. Go CTIX!
Thanks, yes 2.01 HOD so far... fixed. EOM
CTIX is neck and neck for the Most Read Board on Ihub! Lots of eyes here today!
1,000,000 + volume day on the way
I love it...wait till the report gets released
Nice chart. You mean $2.01. FYI..
Interesting day for CTIX already.
As of 10:12am CT
Volume already close to yesterday's full day, and higher than the high volume breakout day two days ago.
Opened 1 penny gap up @ 1.97, back fill to 1.91, trading at the HOD (so far) of 2.01 as I type.
So far, higher relative volume and smaller range as CTIX attacks resistance at 1.96 & round number psychological resistance at 2.00
Volume for the week is already the largest since September 2013, and its only Tuesday morning. (Green arrows on monkey's chart below)
CTIX Weekly, click to enlarge
Rally Monkey Alerts the Bulls!
Mine did not show up either, 100 shares at 51.53