This spiked AH previous day and had good volume at 4am as it hit the 1.5's. Was patient as it broke through support at 1.23 then tested this resistance level. It dropped of to the 1's consolidated around here with little volume. At around 1.13 we see a volume spike and I felt it was going to break the 1.23 resistance and test the new high. I was wromng. Tapped 1.23 and went south. Cut it quickly and moved on.