Office Depot Inc. & Cell Therapeutics Inc. Trend Analysis Research: (NYSE:ODP), (NASDAQ:CTIC)
New York, NY -- (ReleaseWire) -- 01/18/2013 --New York (January 18th, 2013) - Office Depot Inc. (NYSE:ODP), a global supplier of office products and services, is up sharply in mid-day trading today. At last check, ODP was trading 2.84% higher at $4.35 on volume of 5.15 million, which is above the daily average volume of 4.99 million.
ODP has now gained more than 12% in the last three trading sessions. The stock has been gaining momentum as the company made some major announcements this week, including the relocation of its store in Orland Park.
ODP, in fact, has had an excellent run over the last two weeks. Since January 7, the stock has gained more than 19%. Earlier today, ODP hit a 52-week high of $4.45.
Find out if ODP could pick up more steam in the very short term by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=ODP
Cell Therapeutics Inc. (NASDAQ:CTIC), a biotechnology company engaged in the development, acquisition, and commercialization of drugs for the treatment of cancer, is gaining in mid-day trading today. At last check, CTIC was trading 2.78% higher at $1.48 on volume of 1.15 million, which is below the daily average volume of 2.16 million.
Despite the gains today, CTIC has fallen more than 2% for the week. CTIC is currently facing stiff resistance at around $1.60. A bullish trend will be established if the stock breaks through this level. The stock has support at around $1.45.
CTIC this week said that it will host Analyst and Investor Meeting on advances and existing challenges in the treatment of Myelofibrosis.
Find out more on CTIC by getting the full free trend analysis report here: http://www.monstertradingalerts.com/market-scan/?symbol=CTIC
MonsterTradingAlerts.com issues momentum alerts on stocks that can provide gains to day traders. MonsterTradingAlerts.com provides members with timely information and exclusive alerts on cheap and under-valued stocks in the United States with the potential to deliver gains of 100% - 200% or more. MonsterTradingAlerts.com monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals MonsterTradingAlerts.com is often in the know of several large investor awareness campaigns being deployed.
Timing is everything when trading Penny Stocks. Gain an Edge by joining the MonsterTradingAlerts.com newsletter and receiving alerts from a Pro-Active team of researchers. Trading Alerts believes traders should have a chance at successfully trading penny stocks and invites traders and investors to be part of the Free VIP membership.
Simply sign up for free and start receiving exclusive alerts.
Subscribe Here: http://www.MonsterTradingAlerts.com
Disclosure: MonsterTradingAlerts.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit MonsterTradingAlerts.com website, for complete risks and disclosures.
Investor Alley, its employees, officers, directors, shareholders and affiliates, hold no positions in the above-mentioned stocks.
Alexander K. Neumann
Monster Trading Alerts
Media Relations Contact
Alexander K. Neumann
View this press release online at: http://rwire.com/197605