97M float, FDA approval, 2.40 range. Was watching pre-mkt & crossed it off my watchlist when it dropped way below vwap from 16.80 to the 16.25 just before the open. This was a bearish sign already so not sure why l traded it. A couple of candles were also giving bearish signals which I ignored - a one 50c drop in 1 min pre-mkt & 2 candles before I bought there was a big doji. Also bought the breakout instead of waiting for a dip. Will focus on stocks under $15 instead of $20.