Entry comments: PAPER TRADE: Ok so this company has recently announced crap earnings and their overall historical chart is generally negative, especially the last few months. But for some reason they keep having these random intra-day spikes. So I'm watching the screen and over and over again 1.98/1.99 is a huge support and it just doesn't want to budge. But suddenly it spikes to 2.20 in 1 second! I take my short as quickly as possible and catch it at 2.13. Target = 1.98/1.99 support (if it doesn't break).

Exit comments: Decided to hold this short over night as it closed red just below 1.98 resistance level (also closed as first red day). So I expected a morning panic this morning. I Pre-market there was one sale at 1.92 so that was encouraging... 3/4 cent spread for the first 15 mins of Market Open and not a lot of pressure from the sellers on Level 2. HUGE resistance at 1.90 so will be watching today with potential to get back in if that breaks. But otherwise, very predictable and hit my target!