That flag....like the wedge in March, to me it signalled that the PPS was due to make a move, that it couldn't stay range bound forever, and that a sizeable move was coming...and based on all the fundamental data we're waiting on, I figured it would be a move up.
We got the sizeable move finally, but it wasn't what I was expecting...instead of up we've gone down, all the way below the 50 DMA which is at $3.23....although it did bounce back above by the bell.
My macro long term bullish view hasn't changed...but still impatient.