Koo, I respectfully disagee....with the caveat being volume, volume, volume. 

If we can maintain at least 200-300K trading per day, then I think the indicators are more reliable.  The wedge being referenced signals a breakout, either up or down....and for me a breakout would mean a PPS that extends beyond the channel we're in which I currently peg at about $2.25....so if we do get above that in the coming days, then I will say the stock has 'broken out' and at that point it would be time to wait for a new and higher range to emerge.

With all that being said the volume today is still very light, about 75K total as I write this with about 2.5 hours left in the trading day.  So far today's PPS movement is good to see obviously, but I'm hoping we maintain at least this $1.50 level but with better volume.