So, at least we agree on how to define a trend...a down trend is lower highs and lower lows, and an up trend is higher highs and higher lows.

So in July of 2013 (4.5 years ago) the PPS was in and around a buck....then it went down near 40 cents and never again went lower than that, although it did revisit that are at the end of 2014.  

Then in 2015 we went into an uptrend..from in and around that 40 cent mark we saw lower highs and lower lows right into April.  That was a 3 month uptrend, no question.  

How anyone would characterize the last 4.5 years as being one of lower lows is....I don't know, how anyone can see the lows going to 40 cents and then lower and lower unless they have a very vivid imagination.  

Over the last 4 years we've had both uptrends and downtrends.....there's been no macro trend of either higher highs and higher lows, or lower highs and lower lows.  

The current trend up started in November, but for that trend to be continued we need to get above the recent high to up around $2.50+.  We may be entering a downtrend, we might be into a range bound trend that's neither up nor down, or we might keep climbing...

We shall see.