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Tuesday, December 11, 2018 9:13:19 AM
Check the price behavior when the px in prior periods reached this condition. Each time the stock rallied.
Could begin from a slightly lower lever or stay oversold for a short while or rally from this point. But it's going to happen if history teaches us anything.
Let's hope there's no financing announcement to ruin it.
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=psti&x=63&y=9&time=8&startdate=1%2F4%2F1999&enddate=12%2F11%2F2018&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=256&lf2=0&lf3=0&type=2&style=320&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=10
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