Cel Sci Corporation (CVM)

[sab63090]

The shorts won't let go as is clearly visible on the consistent fades near current prices after a brief run from below 7 to exactly now, pretty good but as yet not impressive & right into a trouble area.

I think the pressure on price will continue until there is some sort of conviction buying with volume spikes, block trading and the price pushes well beyond our current trouble area...at the 50 day.

I'm bullish based on some indicators I look at, but will wait for some buyers to push us past around $8.50...I think that will set us up nicely at that point and see a possible push up towards our yearly highs.

Naturally, the fundamental news based on data is much more important, but information somehow circulates around beforehand.