ericisom887

BCLI - First Wave Extension, Impulse Complete

Short
NASDAQ:BCLI   Brainstorm Cell Therapeutics Inc
BCLI had a very good come-up, propelled by their news of joining the Russel 2000 index (source) this looks like a classic first wave extension to me. Would expect the following corrective wave to follow suit.

Price Targets:
Conservative: 10.52
Aggressive: 9.35

Price-Point of Invalidation: $12.50

Option Contract to note:
https://www.barchart.com/stocks/quotes/B...