PLX Long

Bullish Descending Triangle is forming and we are waiting for a move over $1.05 to go back to new highs. Stock has history of making moves to the upside with successful bull flags, and flat Top breakouts. Volume has confirmed this every time. Long term upwards trend on the daily. Medium to high volume breakouts and low volume pullbacks/50% retracement has made this stock a bullish candidate with no stopping on a technical basis. Good entry at $1.00 with stop loss at 00.94 cents with a target of $1.20. RR of 1/3