I didn't prepare for this trade. I saw newsresistance was at 3.50, and the price was rejected. The second was at 4.13, so a breakout wouldn't be easy. And the news wasn't good for a breakout, but when I bought, the price was in a channel. Low channel support was 2.75, and the channel resistance was 3.66, so a bad entry, and when I realized it, I sold. I cut losses quickly. - One-day spiker - Never hold gains - And today I made a gap up and sold off all day.