Number One you never gave a time frame.
Number 2, run a one year report and except for a sniff of high 7's midday, on ONE day it has been solid 8+. IMO I still do not think it get there, and if it does and you blink you might miss it. All support levels indicate strong support at 825. The last couple of days are just an overall market pullback, and lack of news from DEA for launch date. If it does go into the 7's it will be very short lived. But hey, we are all entitled to our opinions.
I very much concur with jrp_gb on this. The bounce today at around 8.02 was pretty much the same as the last time the PPS got near the 8.0 mark on Jan 30. I think it would take serious bad news, or something major to the downside in the wider market, for the PPS to go below 8.0 in the next couple of weeks, i.e., prior to the likely date of the US launch.