Let me pose a question to you then...
while I do see your technical analysis and your reasoning, would it be safe to assume your deduction is based on a continuation without any news? Because several sources are reporting that PHBT plans to release news next week. Now while technical analysis is a good thing to go by, there are several other outside factors such as news that can have a positive effect and influence the technical indicators. However, one is entitled to their opinion yet I only see the negative aspect of yours with regards to PHBT. Although I guess I only post the positive aspects of PHBT. Anyways, it doesn't matter what happens tomorrow if we get good news next week, and I have no plans of selling any of my shares until my target. Good luck.