Pervasip Corp (PVSP)

[Live42Day]

Stocks that have big run-ups in pps (like PVSP experienced) typically have a retrace in pps (profit taking on huge volume) followed by consolidation. You know the consolidation period is coming to an end and the stock is ready for the next leg when volume drops off (no sellers/profit takers left). Clearly, the consolidation in the .07's for PVSP is coming to an end and it is ready for the next leg up.

It won't take much buying pressure to send this back to .10+ on the next leg.

Tick, tock...