Stock trading between 9 - 12$ range in the last ~ 1 year. PLCM is on my watchlist. No positions right now, bias is to the downside but will be ready to trade either way depending on breakdown and breakout.
I entered long at 399$ yesterday. I will remain long, with 2% stops to my position. My 1st target is the 50 DMA. We will reassess later if any notable TA change takes place.