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JusticeWillWin

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JusticeWillWin

Re: Donotunderstand post# 403695

Monday, 08/25/2014 3:13:16 AM

Monday, August 25, 2014 3:13:16 AM

Post# of 729970
The only reason for the increase in PPS is the break-out of the big symmetrical triangle IMO. You can see it in this image on a german board. It shows the break-out on last Wednesday:

http://www.ariva.de/forum/WMI-Holdings-Corp-News-461347?page=1822#jump18486007

It is noteworthy, that the price chart fits perfectly into the trinagle.

Here is the zoomed-in (last 4 month) chart based on last Friday's closing price. It also shows the Accum/Dist line, that reached its new all-time high on Friday:

http://www.ariva.de/forum/WMI-Holdings-Corp-News-461347?page=1824#jump18496480

I think the increase in PPS is only chart based, because there are no factual news at the moment (or we don't know it yet). The increase is based on very low volume. If an M&A would have taken place, I guess there would be much higher volume.
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