Pluristem Therapeutics Inc (PSTI)

[hopester]

3 year chart showing some minor support here. Came in Jan'17 & Aug '17. Failing to hold brings the next px target to $.75.
The stock is clearly extremely oversold but that's about the only indicator
to hang your hat on.

There doesn't appear any rational reason for the way this stock has traded except to say, a secondary offering ( at a big discount is being planned or anticpated ) and is expected .
Otherwise, no sound reasoning for this persistent drop.
Trends have been and continue to be DOWN.



http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=psti&insttype=&freq=2&show=&time=10