Charts are just a reflection of the current environment that a stock is trading in, and the long term and short term sentiment of the many investors and traders who are interested in one side or the other side of the trade at that time, if there is a really good story that's been coming to light, like CELZ positive future, it gets many investors interested in the long term, especially when it was really undervalued at below $0.02 back in May, when everyone with a brain knew that a big catalyst was coming in May the international urology conference and that it would be stupid to sell your shares before that event, that was unless you were a naked shorting manipulator, and that sentiment played out in the daily charts,once there was a really positive outcome from the conference, and that sentiment was reflected in the chart, and gave chartist a reason to want to stay long, right now the charts reflect a over sold environment, cup and handle pattern, and a positive setup for a back up over $0.07, now that most of the sellers are gone, and could turn them into chasers, since the sentiment is still very positive, and the charts will keep showing that.
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