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Re: lewsogge post# 48363

Tuesday, 01/22/2013 9:42:56 AM

Tuesday, January 22, 2013 9:42:56 AM

Post# of 130508
From Small Cap Network:

"Three weeks ago, Amarantus Biosciences Inc. was flying high. Then two weeks ago, AMBS was imploding. Now it's perking up again, and this time the rally is unfurling at a pace - and in a place - that has some longevity to it.

How's that? Notice where the bleeding stopped for AMBS a week and a half ago. After sliding back from a peak of $0.20 in late December, all it took was a brush with the key 50-day moving average line (purple) on the 11th to kick-start the buying effort again. Though the 20-day moving average line at $0.10 seemed to cap the rally effort late last week, the Amarantus Biosciences bulls are testing the waters here. If the 20-day line is hurdled, look out above. [It's often the second effort that finally gets traction.]"

Go AMBS! It definitely looks like momentum is building in the right direction. AMBS = HOD and moving up!