The stock was spiking the previous day before earnings came out. After spiking to $2.06 at market open with high volume (more than 300k), the stock quickly dipped $0.18, and I got in at $1.92 after L2 and T&S showed a momentum switch. The stock basically went stagnate after I bought in on the dip. I thought since there was high volume, a spike was on the way. The stock market ended up dropped below it's closing price, so I quickly sold my shares.