Since my first post, PYDS climbed from 2.78 to 3.13, closed the week at 3.03.
I've done further analysis of the weekly chart and note the following:
breakout above the upper resistance trendline from 03/15 to 10/17
sustained support at SMA200 on 1W chart
PMO crossover and higher lows on last two cycles of PMO
The fib retracement on the left covers the downtrend from March 2015; the one on the right covers the uptrend from June 2017, which is the last wave of the PMO. After the spike in late 2017, we see a year's worth consolidation at the 0.786 level and a run to the 0.382 level on the uptrend fib.
On the downtrend fib, last week's candlestick climbed and closed at the .236 level; this past week's candlestick blew through the .236 and stopped at the .382
Lastly, the EMA20 and SMA50 are converging on the SMA200; meaning a golden cross may be on the horizon in the next few/several weeks
My interpretation: This breakout is not a fluke and will not be short-lived.
My bold prediction: PYDS breaks 3.82 before the end of February. If it holds 3.82, this may stagnate between there and 4.50. If it can climb and hold above 4.50, there's room to run to 5.50 with ease.
Disclaimer: This is only opinion. This is not investment advice. You are responsible for your own trades and conducting your own due diligence.