Entry comments: Not exactly a perfect pattern. This was a big spiker three days ago and has been kinda hanging on. Fading volume, VWAP lined up with the R/G level so I shorted under that. My stop out will be break HOD at 5.70ish...a good profit target is harder to find. SMA 200 is near VWAP but the chart is up nearly 100% over three days. There are oracle levels at 5.33 and 5.23....I'll probably scale out into those even though if I swing it I could probably get a lot more.

Exit comments: I stuck with the plan, scaled out half at 5.33 and half at 5.23. Glad the plan worked out even though it wasn't an exact perfect setup. That is why i kept the goal very very modest for a small gain.