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Thursday, May 14, 2015 5:58:32 AM
As I described 10 days ago the PPS broke through the upper triangle line of the ascending triangle:
Chart (10 days old):
Chart courtesy of StockCharts.com
The break-out occured with high volume (blue circle), and now we saw the pullback to the upper triangle line ($2.70) with low volume (orange circle), which happens quite often.
Chart from yesterday:
Chart courtesy of StockCharts.com
If it bounces off from the upper triangle line we could see the $3 soon and the $3.70 in the following weeks.
MA-100 will break through the MA-200 today! Both @2.34 now! (green circle)
RSI is very bullish, ADX > 25 (now 32.52) confirms the up-trend and CMF still positive!
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