Check macd indicator...on the decrease. Normally the pps will move at least somewhat in tandem with macd but this is strange as it is moving opposite to. I bought a few more shares at $7 tho literally only a few as the price will likely dip again..just strange to see that macd indicator I cannot stress enough...will it go to $9?
If you are looking at the 50 day and 200 day MA then you should be setting the MACD to 50,200,1 and you will see that the MACD is in a strong upward direction. If you are looking at a shorter time frame of 50 and 150 day MA then you should set the MACD to 50,150,1 which still gives you a very strong upward direction.
Will it go to $9 you ask. . . . . YES! Should hit $8 soon.