Replies to post #17012 on Pluristem Therapeutics Inc (PSTI)

[hopester]

Glad you did the research on my past posts.

Now I'll try to educate you.
1st: Charting isn't a science. Technical analysis isn't a science. It's a tool based upon trends past patterns and trading behavior. It tends to repeat itself over and over again.Indicators give solid clues.

I did purchase a very little more at the $1.29 level after the chart ( look at my post preceding it), stated clearly that a base was building. I also stated the $1.25 area was to hold... and it did. I called the move up and alerted the board on the exact day it began the move.

ALL BASED ON MY INTERPRETATION OF THE CHARTS AND INDICATORS.
No I didn't sell my holdings in the down draft but I did state on several occasions what the support and resistance levels were and that they must hold.I'm not a trader.
Yes I expected the break below $1.20 would cause downdraft to the $1.10 area or below. . The recent news may well have held the timing up.
I stated $1.20 is now the resistance area and the stock must hurdle it. It hasn't and has failed after trying 3 times. Doesn't mean it won't at some point.
What you fail to grasp is that technical analysis is not an exact science. It has a basis, proven, and followed. Unlike the voodoo metrics of some who call a penny here and a penny there without backing anything up with fact.
So you follow the voodoo and I'll post based on the technical analysis.
You go on accepting the bash and trash and I'll follow those who know the science.

[hopester]

Post 17012- your post misunderstanding.

It did close below $1.20, failed to go above it and stay and proceded to close in on $1.00- $1.10.
As such there's no reason to Buy shares nor to sell them IF A LONG TERM INVESTOR). PLAYING BOUNCES OR DOWN MOVES ARE NOT MY GAME. BUT THERE ARE THOSE THAT JUST DO THAT.

With that so confusing to you, I have to conclude just about everything you post criticizing my analysis,will be misunderstood, misguided, false and irrelevant.
I'm not going to take the time to school you on everything technical. I truly believe you don't understand any of it and therefore could never help you out of your deep abyss of poor judgment.

Your history of investing in PSTI proves it