When looking at any share so close to it's all-time-lows is difficult to tell whether what you seeing is just another pullback in the bigger downtrend or whether the bottom is truly in. In the case of JSE:PPC it would appear that the worst is behind it (at least for now). But the big test is whether it can stay above the new Yearly Pivot @ 1.50 as a break back below it could spell disaster. On the other hand, a daily close above 1.85 could see more upside. Initially to the Yearly R1 @ 2.58 and eventually perhaps to the larger diagonal trendline above.