That makes the PPS vulnerable to a Fibonacci Retrace of 33% or 66% in the opposite direction. It looks like that might be what is starting to happening.
So it may be just responding to the rules of Technical Analysis. Or call it "profit taking", etc.
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.