Pages

Monday, December 19, 2011

CUR Neuralstem Daily Chart Positive Divergence

The chart remains favorable to a sustained up move beginning. The purple lines over the last couple weeks display a long and strong profile.  The positive divergence is a powerful bullish force. Price is on the launch pad. The first expectation would be for price to overtake the 20 MA at 1.07 and then move higher. 1.10 resistance serves as an intial target but much more upside is expected for the weeks and months ahead. Use the RSI, stochastics and money flow 50% levels to signal the all-clear and good times ahead.

Note the low one dollar price makes this a speculative penny stock, thinly traded and prone to wild moves not for the faint of heart.  In addition, in these overall secular bearish markets, small caps will tend to get beaten harder than large caps, the opposite of what happens during a long-term good-time market rally, thus, any long play for spec stocks are very dangerous and require close attention currently.  Little CUR should show signs of life now, perhaps this week will kick off the sustained upside coming. 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.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.