PPC has been forming a base since the middle of 2016 after a down trend. The downward stride has been broken. We see low volume on the down moves and increased volumes on the up moves (Signs of Strength). After a spring we see price finding support at the yearly pivot point. After a doji formed on increased volume, a bullish reaction and divergence with the Volume RSI the expectation is for a bullish move to the recent highs at R9 and possibly as high as the next volume cluster at between R11 and R12.
Note
My bullish bias continues. Some increased volume with a bullish reaction is seen this week. There is further negative diversion also in the shorter term with the Volume RSI.Note
On the daily TF we have seen a smaller TR within the Weekly TR form at the Yearly Pivot Point. Last week a potential Spring formed and we are now looking for a markup in Phase D to the top of the TR and after some consolidation then the Mark up should start. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.