Entry comments: I went long this stock because I though it is an earnings winner with high volume and a strong close into the end of the trading day. Earnings were reported 5/8/18 and the resulting price action was red. Today however, the price action was green on large volume with an associated large price action breaking a multi month key level. My goal is to sell into an AM spike back to the highs and hopefully forwards resistance at $6.65 for $0.20 to $0.30 cents per share.

Exit comments: This was a great trade! Though I didn’t make much I traded the plan and profited. In addition my theses was correct even though I exited the trade way to soon. That is mainly due to my lack of experience with trading and reading level II data. The stock reached $6.48 and a few bigger buyers came in at $6.49 so I exited protecting my profits. The time for a proper exit was at $6.69 where there was some topping action but I played it safe. Overall I am very happy with the trade.