October the PPS dropped below the 50 and despite a few short lived moves over it couldn't be sustained. The PPS finally got back over at the end of December and while there have been 3 short lived drops below interday the 50DMA has been serving as technical support which is encouraging...
I still can't get over how pathetically low the volumes are, I notice there were a couple decent days in January...about 230K traded over Jan 7th and 8th...days when the PPS spiked up near $3.50 coincidentally. That indicates that all it takes for us to move higher is some decent volume....
OBV suggests this is a sign of accumulation....but of course buyers can't accumulate if there aren't sellers willing to supply shares by selling.