$PNR - basing and breakout

PNR - Price is within the consolidation base but 6-7week consolidation breakout within the broader consolidation.

Further bullish confirmation:

• Price above Key moving averages on daily, weekly and monthly charts
  MACD positive on D,W,M timeframe.
  MACD just turned up positive on weekly and monthly chart - possible new longterm bullish momentum.
  Positive earning, sales numbers & estimates.
  Bullish earning reaction by the market and analysts upgrades.