No offense intended - just don't believe in magic (sorry, John Sebastian) or charts unless they predict the future. Don't really understand why if the market goes down I and my investor friends are worried about COVID or we're shaking off inflation fears if it goes up. It's all snake oil to me.
“But if you review the chart, it was a classic 50 MA bounce” Yang., I apologize in advance I don’t read charts but I do understand common sense. But could this rise in PPS be as simple as someone or something wanting to buy shares based on fundamentals?