Pluristem Therapeutics Inc (PSTI)

[hopester]

zzaat- And that's how I see it. Pluristem offers great promise and at some point the promise should convert to fulfillment.
Charts are a timing mechanism; recognizable patterns DO repeat. Trends are difficult to reverse ; indicators support future direction.
PSTI via the charts has been in a downtrend for a long period and technically the timing to be in it hasn't paid off. It continues to look weak at this point.

But to believe in the science they've demonstrated and to commit to the long term, investors must take the pain and wait for the gain..... because it will happen.

Remember I did say $1.20 was critical. it didn't hold and fell below. What was minor support now is resistance and the stock has NOT been able to push above it and hold. I expected a quick move to the $1.10 area ( absent news). 2 good pieces of news were released and that may have held it up at current levels.
A blowout piece of news "could" break it thru $1.20 . Otherwise it looks to me that $1.10 or even lower may occur.
When that blowout piece of news occurs, the charts may give early signals.Insiders do know well in advance somethings coming; and the chart tells you)
But even that won't matter to me. If it runs and signals change, I'll pay a higher px and have confidence it'll go even higher.