Its actually been holding the same levels the past 3 days with growing bid support and people buying in at the current levels weeding out any possible flippers who may have picked up a position at a slightly lower pps. this exchange will create higher support levels as you can see has occurred. In turn as the attention grows and the selling from the few people completely dies you will then notice the people whom have growing interest on the bid side are now purchasing at the offer in turn causing a rise in PPS as the demand has surpassed the available supply.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.