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Stock Pick of the day-Cornerstone Therapeutics Inc.
Nov 23, 2009

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Larry Swing

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Stock Pick of the Day

Cornerstone Therapeutics Inc. (CRTX)

Closing Price: $ 5.77

RSI: 43

MACD: 0.01

 

Cornerstone Therapeutics Inc. (CRTX) has been hovering around its 200 days MA for past few sessions. On Friday, the stock moved below the same on high volumes after a gap down opening.

The CRTX stock is now likely to witness downward pressure towards its next support level of around $4.75, and may face some selling pressure due to FDA enquiry its product is facing.

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...thanks for the trust you've shown in me and my business.

by Larry Swing
larry@mrswing.com
May the swing be with you...

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CRTX
C:4.9600

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