Entry comments: PAPER TRADE: ...So continuing from my previous post, I reversed my position on this stock when it went from potential double top -> breakout above daily high on the back of news of securing a $40M long term loan. Im watching Level 2 closely but as of now I am 10cents up and the stock is at daily new high of 2.40. Expecting a pull back at any moment for consolidation and then upwards again later in the day.

Exit comments: Day high was 2.47 and I watched that come and go. Pull back as expected all the way to 2.34. Then went back to test 2.47 and it hit 2.48 but then major resistance. A few more tests and again major resistance. Then a wall of sellers starting building on Level 2. So I'm taking my profits here and keeping an eye on this double top incase of a further breakout. Trade went exactly according to plan = predictable.