Cytori (NASDAQ: CYTX) Stock | Can We Expect A Rally?

Cytori stock newsCytori Therapeutics Inc (NASDAQ: CYTX)

Cytori Therapeutics stock has had a rough few days in the market at this point. Following great news that they’ve received clearance from China, we saw a massive spike in their stock value, followed by declines that seem to be continuing today. So, let’s take a look at CYTX to see whether or not we can expect to see a rally.

Why CYTX Saw The Gains

On April 6th, shares of Cytori stock were driven more than 25% higher in pre-market trading as a result of clearance in China. The regulatory clearance in china makes it so that Cytori’s Celution System is available in China, the world’s largest healthcare market. Not to mention, the clearance also triggered a major product order from Lorem Vascular (The company in charge of pushing Cytori products in China). So, naturally with such great news, we’d see an increase in the value of the stock.

CYTX Falls Following The Good News

Following the good news and the spike in the stock, we watched as Cytori started to fall. While in most cases, I would attribute the drop to normal corrections, I this particular case, the downtrend has gone far beyond what I would consider a normal correction. Nonetheless, as much as I’ve searched, I haven’t been able to pinpoint a reason for the declines. With that said, if you know why we’re seeing such a big drop in the stock, I’d love to read your answer in the comments below!

Where I Believe Cytori Is Headed

This one’s easy. Think about the fact that the company does. It’s a healthcare provider. Now think about the biggest healthcare market in the world…China. Put the two together and you have a recipe for great things! With that said, I think that we must be hitting the bottom of this downtrend; there’s just too much good news for this thing to continue falling. In the long run, we should see great gains.

What Do You Think?

Where do you think CYTX is headed and why? Let us know in the comments below!

2 thoughts on “Cytori (NASDAQ: CYTX) Stock | Can We Expect A Rally?”

  1. $CYTX interesting name. This has a really nice gap up earlier in the week and I was watching it for the break over $1.50 but it couldn’t break that critical level and now it’s selling off a bit. I really want to see this come back up and break that level. I have alerts on for 1.45. If this gets volume we should see a nice breakout.

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  2. I’ve been trading cytx stocks in my simulator account.. And Im earning big with this as opposed to AT&T haha. Next 3 days it won’t have much volatility, staying at 1.22-1.24 closing price. Next 5 to 7 days it would be on an uptrend,, executing at 1.26-1.28 so buy cytx now and sell it later.

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