Athersys Inc (ATHXQ)

[hopester]

Intraday stock bounces off $1.51 ( my support target of $1.50) but still closes down $.02 for the day.
The minor support at $1.50 "should" be an area where an oversold bounce may occur.
The bounce ( if any) will not be anything meaningful and will stop below the $1.75 resistance area.
If it does not hold above $1.50, expect $1.35 as the next support level.

DILUTION KILLED ANY CHANCE OF THIS STOCK TO MOVE OUT AND THE WALL IS SOLID.

WISH I WAS WRONG FOR ONCE.