Pluristem Therapeutics Inc (PSTI)

[midastouch017]

Decision Time: Pluristem Therapeutics Inc (NASDAQ:PSTI) Stock Technicals Hit Inflection Point

http://news.cmlviz.com/2017/04/23/decision-time-pluristem-therapeutics-inc-nasdaq-psti--stock-technicals-hit-inflection-point.html

Pluristem Therapeutics Inc technical rating as of 2017-04-23
(PSTI Price of Stock at Publication: $1.41)

Decision Time: Pluristem Therapeutics Inc (NASDAQ:PSTI) now sits in the perhaps the most difficult technical position -- the stock has no urgency in its direction and that has left it at an inflection point. Watch the key moving average levels that we discuss below and further, watch the stochastics, technical oscillators and momentum readings for any kind of hint to direction.

The company has a three bull momentum rating which indicates an inflection point. It may seem obvious, but this is the time to put the stock on alert -- a meaningful move in either direction now will likely swing momentum into a channel that could be decidedly up or down. With the current stock price and the moving averages showing signs of indecision, any consecutive day stock move in either direction will likely push the stock into a bearish or bullish momentum channel that could persist for the short-term. This is a critical inflection point.