Entry comments: I bought the dip back to VWAP from its initial spike. The company has won a contract that reading the headline suggests a $158 million contract which it could be, but reading on it says that it projects revenues to $158 million. This must mean the companies revenues are zero right now. I don’t want to overstay here, but I think that it can bounce.

Exit comments: I sold at my goal price. I was wise to not want to overstay as my exit was near the top. Very happy with this trade.