Saw this spike at the market open and noticed it was the fourth green day and looked to do a trend reversal. I looked at the chart and it has a history of 3 green days and then red so I predicted it would fail. There was a large red candle after the spike and the stock went red on the day. I waited for the bounce and it was weak, going from 8.60-8.94. I shorted at 8.91 and got 100 shares. It bounced around right under my entry and then tanked. I got out when it had trouble going lower.