Cytori Therapeutics (CYTX - Get Report) develops, manufactures, and sells medical products and devices to enable the practice of regenerative medicine. This stock is trading up 7.3% at $3.49 in recent trading.
Today's Range: $3.27-$3.6252-Week Range: $1.90-$8.44 Volume: 410,000 Three-Month Average Volume: 376,429 From a technical standpoint, CYTX has started to break out today now that this stock is moving above some past overhead resistance at $3.30 to $3.43 on solid volume. Traders should now watch for CYTX to take out its next significant overhead resistance levels at $3.72 and then its 200-day moving average of $3.94. A strong close in the stock today should keep traders looking for long-biased swing trades back towards those next resistance levels. If $3.94 is then taken out with volume, look for CYTX to re-test $4.33 to $4.50 in the near future.