I could have entered this trade at market open which was 5.28. It technically opened up red on the day because the last close was 5.32. However the stock released earnings at 10am and so it spiked from 5.28 to 5.91 and then back down to 5.50 and held until earnings released and there was no reaction to it. I should have trusted my gut with seeing that it was a day runner already, with expected news and should have dip bought it between 5.28-5.30 and then should have exited.