Took this premarket trade on news of revenue share as it came down off yesterdays after market spike holding a key level and started to curl up. However it did not continue to move up after consolidation. Moving down nicely and creating a higher low. I should have let the pattern play out at least letting it test the previous key level because it at market open it DNR testing the new low level. I was on the right track at least cut losses a little to quickly.