52-week Range: $1.07-$3.69
Three-Month Average Volume: 386,178 From a technical perspective, PIP is ripping higher here, back above both its 50-day moving average of $1.50, and above its 200-day moving average of $1.58 with above-average volume. This move is quickly pushing PIP within range of trigging a major breakout trade. That trade will hit once PIP takes out some overhead resistance at $1.84 to $1.89 with volume. Traders should now look for long-biased trades once PIP sustains a move or close over those levels with volume that's near or above 386,178 shares. If we get that action soon, then PIP could re-test and possibly take out its March high of $2.10.