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Analysis: #NASDAQ $ATHX

Case 240 #Athersys Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#ATHX 1/4
Chart 1
Monthly Chart: A strong base has formed around 1.45/20 and price has blasted upwards breaking the 10 year trendline #resistance and then holding above, but now needs to close above the 10 year #pivot resistance at 4.40 - a close above .....

ATHX 2/4
..... will target 7.25 quickly. #Support beings at the broken #trendline and the slope is currently valued at 2.38 with the monthly 50 and 20 #SMAs currently valued at 1.77, 1.68 respectively.

ATHX 3/4
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