I’m thinking it is.
Just look at the headlines:
After Successful ALS Phase I, Neuralstem Branches Out ($CUR)
Rejuvenated Regenerative Medicine: Stem Cells and Athersys on the Rise ($ATHX)
Athersys’ MultiStem Platform Tempts Big Pharma And Investors ($ATHX)
Meanwhile, $ATHX daily chart shows a cup & handle pattern with one giant handle:
Is this a good sign with a big handle? Beat me! Nevertheless, the chart does look like it has a lot of support in the $1.50 area going back to last year.
$CUR daily chart, on the other hand, is showing a come-back V shape pattern:
I like to see price action breakout of the downtrend line at the $1.20 area to show that it means business.
Either way, I’m betting my 2 cents that 2013 may be a good year for Stem Cells. And I’m rooting for $CUR to have a successful ALS phase II trial. It will be a milestone for those who suffers from the disease.
I currently own both $CUR and $ATHX.
My 2 cents.
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