ATHERSYS INC

short <1.49 stop - 1.54 target - 1.33

Oversold and crawled in this area for long time, ready to move foward

LONG IDEA

Go long the ATHX if it trades at 2.38 or higher. If triggered, place your stop at 2.16 and exit the position for a profit at 2.59 or at your own discretion. (Signals are valid for today only. Always invest wisely). Learn the rules of this strategy at: https://www.udemy.com/make-consistent-profit-using-pullback-candlestick-strategy/?couponCode=signaldiscount

Test33

Triangle fails & ATHX trades to 50 week moving average, prints hammer candle & follows through on reversal. Since Jan2013 the 50 wkma indicates strong support. Price pattern sets into megaphone during biotech sell-off beginning in Feb14. Last weekly candle, gravestone doji closing at the .236Fib of the recent run-up. (IF) a megaphone then time to trade up (ELSE) ...

Looks eerily similar to INO a month or so ago. Expected indecision as we are setting up for P2 Trial results, late Apr early May per CC. As a Flag add ~2 to 3.56 and we get a target at +5.50, watch for test & hold of upper and lower Tri, then breakout and/or breakdown with back tests. Will be interesting to see how ATHX holds up depending on how the Biosector acts ...

Technicals and Fundamentals align well for ATHX: Inv H&S target 3.50 met, now rounding bottom targets 6.00. MA's, MFI, RSI, MACD & OBV indicate strength. Stem as Sector play picking up steam, numerous cats on deck front year for ATHX, bio conf next week.