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Monday, February 16, 2015 12:41:42 PM
Chart work compliments of Snake Corleone, plus his comments:
A couple interesting things to note, daily chart looks good, if you look as the down trend line on the chart, you can see the PPS has not only broken out above the trend, it technically has gone back down and tested it and bounced off, it just happens to be the 50dma which typically will provide support. The 200 day moving average has been a point of resistance, with the PPS hitting it 4 times last week and close right at it, with a very bullish candle.
If you look at the weekly chart, we just got 2 very bullish indicators this week. The last time the weekly broke a down trend, we got a move to over 3 cents... RSI is at a 52, the Macd just turned, lots of room for them to go up..
DAILY
WEEKLY
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