Pluristem Therapeutics Inc (PSTI)

[hopester]

Take a look at the "OVERBOUGHT/OVERSOLD INDICATOR.
WE ARE VERY NEAR TO EXTREMELY OVERSOLD CONDITION ( -100 ). iF YOU LOOK TO THE LEFT YOU'LL NOTICE THAT IN EVERY CASE PRIOR, WHEN THE READING REACHED THAT LEVEL, THE STOCK BOUNCED UPWARD.
SO, MY TAKE IS A POSITIVE BOUNCE WILL OCCUR AFTER THIS INDICATOR REACHES THE (-100) EXTREME OVERSOLD LEVEL.

OF COURSE THERE ARE NO GUARANTEES AND THE STOCK PX COULD STAY IN THAT CONDITION FOR A SHORT TIME.
bUT IF THE PAST BEHAVIOR IS ANY GUIDE, THERE SHOULD BE A BOUNCE AFTER IT REACHES THE EXTREME OVERSOLD LEVEL..... WHETHER IT IS NEWS DRIVEN TO CAUSE IT OR NOT.

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=psti&x=45&y=16&time=8&startdate=1%2F4%2F1999&enddate=4%2F18%2F2019&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=256&lf3=0&type=2&style=320&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=10