After 6 months of pps riding down with 20 day moving average resistance, as of today there is a convincing breakout of above the 20 day ma. We have low volume but continued follow-thru above 20 day ma will get the shorts having to cover as it appears this is what a corrective bottom looks like technically. As the shorts are forced to cover there will be an overreaction. This is exactly the time not to sell to exasperate the short covering overreaction. This wave up can take pps up to $3.25 before trading opportunity.
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