Entry comments: PAPER TRADE: Had this on my watchlist for about two weeks. Noticed it was up nearly a dollar. Research shows that it is up because it beat expected earnings. Watched it hit the high of the day at 5.82 and retrace back to support level near 5.64-5.67. Saw Level 2 turn after support at that range held and took 500 shares expecting it to approach and possibly break out to new high on good earnings news.

Exit comments: So exactly as expected, I bought the dip expecting it to hit a new high for the day which it did while I was holding. However, it double topped then came back back for a triple top where it just managed to break the double top resistance but Level 2 was showing major resistance anywhere near new daily high and the up to 5cent spread was making me uncomfortable. Don't get me wrong, when it was in my favour it was awesome to see troops coming in at on the bid to close the spread/adding pressure!