Moneybags, we all can see from the chart below that PTX has had a stellar week and indeed is now 170% up of its year low of November.
All indicators say buy and the trend strength is high, also the volume yesterday was extraordinary compared to 3 month average.
Against all of that it is Friday and there may be holders who came in at the low and see current prices as a time for partial sell down to free carry from here forward, or some other trading strategy. So a consolidation period isn't out of the question IMO.
For me the current target of 46 cents and I love the fundamentals so it's keep to the long term game. All in my very inexperienced opinion of course.
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