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Monday, December 5, 2011

CUR Neuralstem Daily Chart Positive Divergence

Keystone enjoyed the bounce caused by the blue falling wedge and positive divergence, then the red positive divergence. Note how the MACD line in August, however, wanted to see another lower low for price. We are receiving that lower low now. The green lines show positive divergence in place again, especially across the five month time frame. The weekly chart is positively diverged across the board as well. The drop of 8% today to the 1.00 level was surprising so some time may be in order for price to collect itself.

CUR is a speculative play since in essence it is knife-catching after the drop today, but, the upside looks long term and sustainable moving forward. Projection is that CUR is bottoming now and higher prices are expected moving forward with an initial upside move occurring in the near term due to the positive divergence. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your financial advisor before making any investment decision.

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