chart is oversold, but charts can stay oversold for a while. I have watched closely waiting for entry simple because it just ran too far too fast on what we know. This is a growth value play or a GARP play(growth at a reasonable price) therefore we must value it as such. If they deliver, the stock will be back near highs within 6 months. somewhere between here and the high 4s the bottom will be made. I suspect we are very close.
If you want some momo action check out CTIX, I have been buying for the last month. It is high risk / high reward. If the drug works it could easily blow past 10.