Technical Summary: It is a really fascinating chart for PPH, both on a 1 year basis and over the long term. The long term chart shows a stock that has been on a fantastic uptrend, this perhaps hides some of the volatility that has been inherent in the stock. The one year chart looks similar, for the first half of the year the stock moved quickly up from below $2 per share to above $4. Since the start of the year the stock has been consolidating in a volatile base. The theme for the stock has been to work its way to the top end of the range before aggressively selling down (often gapping) to the bottom of the range at around $3.75 per share. Once at this level the stock has slowly returned to the top of the range. This situation is obviously not going to continue forever. We will eventually either see the stock break out of this range to the upside or the downside. At this stage someone eager to get in can either get in at the bottom of the range or wait for the breakout.