CTIC has been drifting lower since making a high of 2.23 in June. At this stage, the share price of CTIC appears to be moving sideway, with a slight upward bias. While the share price is slowly moving up by the upside is blocked by a strong resistance around 1.286. The recent increase in trading volume and rising OBV suggests buyers are accumulating stock. A breakout above $1.30 would constitute a technical entry for the short term trader looking for a quick trade. Technically, the stock could go either way and my bias is to the upside, but I do not have enough conviction yet based on this setup.

CRIS – I love this pick. This chart looks pretty bullish. The stock has been under strong accumulation since the beginning of November and is sitting right on its 13 MA. For the short term, it is consolidating inside an ascending triangle with resistance at 3.01. If it breaks out of the ascending triangle, target price is at 3.38. A good breakout volume would be above 1M shares traded. Looking at the technical daily chart, MACD is indicating a bullish signal as it is above the signal line and at the same time above the center line. RSI still above 50. It seems that $3.01 is an important level. Apparently the stock has some legs to break this up. I need to have it confirmed by this week. Future will tell.