mi904
Long

STEM break out long

NASDAQ:STEM   STEMCELLS INC
125 0 0
Stem Cell Inc. It looks like it could have a large move up starting on Monday, Here is what I see. 1.It has closed for several days above the 1 1/2 year long term down trend line also, double bottom ,- most sellers gone after the long sell off. I love long sell offs and breaks above trend line . 2. It has closed above the 18 day 50 day and 100 day s. moving ave. 3. It has moved up with hug volume above resistance lines, sold off to profit and short selling but green candle. next day sold off and then accumulation all afternoon, closed green in upper half of days movement = bullish . 4. Look at the candle for Aug. 24th 15, on the daily chart and the next 11 days, that same trading candle pattern, accumulation hammer , happened Friday 11- 20-15. 5.Also, Good news after years of trials have proven true to there spine repair treatment on human patients.
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