US Stem Cell Inc (USRM)

[NoMoDo]

RSI is in the right range. 70-80 is referred by many as the buyah zone. What we have right now is a battle at the first point of resistance. .05 is the 200dma. That means it will act as support or resistance depending on the previous period's close. Being that we have broken through .05 a few times already, we should finish above .05 today. If and when that happens, expect the next leg to start and it should be good.

Other indicators are as follows: 20 and 50day has turned up. CCI very positive, macd is even more positive. On the 30 minute chart, notice the 3 flagpoles over the last 3 days. Next flagpole has been formed and we are seeing the flag come together. We could see a sharp move upward within the next hour to hour and a half.

As charts look at current emotion and not future actions, nothing is cut in stone, but right now things look very good.