$PPCH The daily chart appears to show a pattern of near-sideways trading, with a range that seems to tighten by the day, as if coiling for a bounce, staying between the mid to upper bollinger bands, and both the 50MA and 200MA beneath the current range(pps). RSI is mid-range, sitting around 50 and primed for a run. We may trade in this range until we tap or double tap the 50, or, until there is a fundamental catalyst, likely to release around the 28th to either precede or cap off the micro-cap conference. There appears to be a lot of flipping here in preparation for a holding catalyst, seeing as the accum/dist is the weak spot on the chart. Volume has been rather unimpressive and considering the weak accum/dist line coupled with the sideways patterned price range, it appears that there is only so much selling left to occur inside what seems to be an oversold condition - if based upon the aforementioned accum/dist line - leading to an inkling that it is only a matter of a few days to weeks time before MM's let this run.
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