Long Prph under $1

Strictly based on a few technical analysis and the extreme volume we saw a week or so ago and the oversold macd indicator, I am taking a starter position in Prph.
I am buying Prph between .6 - .9 and holding for a medium to long time frame. With the recent new hype in the stock market I think this may be a good play in the coming weeks and months.
I will start to exit my position if I am up 100% or more. Or if I lose 25% of my initial investment.
This is my opinion and for educational purposes only. Not financial advice, do your own due diligence and only invest what you are willing to see go to $0.