Entry comments: I bought this takeover rumor play on an intraday and multi-month breakout, thanks to http://stockstotrade.com for the HOD alert and the news http://tim.ly/2r2bQ23 any takeover deals/rumors usually are heightened on Mondays so shorts are and should be scared heading into the market close, small position though for me as this is speculative, I'd prefer to add more on a big dip, goal is just to make 10% as this isn't a hugely volatile stock, but I'm playing the odds with this chart/news/setup

Exit comments: I didn't get all my goals, but half way there and CNBC now talking about the takeover rumors, this is best case scenario on a Friday afternoon, video lesson coming, but I'm taking my profits here as this is NOT a volatile stock and CNBC sucks so bad, they're probably wrong and them getting their viewers into this now is possibly the kiss of death so I won't risk it over the weekend, be contrarian to mainstream media, especially when that media has a winning percentage of only 35-40% :)