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Cytori Therapeutics Up 6.3%, Shares Break Through Resistance (CYTX)
[March 06, 2013]

Cytori Therapeutics Up 6.3%, Shares Break Through Resistance (CYTX)

Mar 06, 2013 (SmarTrend(R) Spotlight via COMTEX) -- Cytori Therapeutics (NASDAQ:CYTX) is one of today's best performing low-priced stocks, up 6.3% to $2.86 on 1.9x average daily volume. Thus far today, Cytori Therapeutics has traded 644,000 shares, vs. average volume of 339,000 shares per day. The stock has outperformed the Dow (6.3% to the Dow's 0.2%) and outperformed the S&P 500 (6.3% to the S&P's 0.0%) during today's trading.

Over the past year, Cytori Therapeutics has traded in a range of $2.01 to $4.93 and is now at $2.86, 42% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has remained constant.

Cytori Therapeutics, Inc. discovers and develops cell-based therapeutics utilizing adult stem cells derived from fat tissue. The Company's investigational therapies target cardiovascular disease, spine and orthopedic conditions, gastrointestinal disorders, and new approaches for aesthetic and reconstructive surgery.


There is potential upside of 131.7% for shares of Cytori Therapeutics based on a current price of $2.86 and an average consensus analyst price target of $6.62. Cytori Therapeutics shares should encounter resistance at the 200-day moving average (MA) of $3.08 and support at the 50-day MA of $2.73.

SmarTrend recommended that its subscribers protect gains by selling shares of Cytori Therapeutics on December 14th, 2012 by issuing a Downtrend alert when the shares were trading at $2.81. Since that call, shares of Cytori Therapeutics have fallen 4.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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