Thanks

Watch "Trading Tickers" by Tim Grittani it covers breakouts very well.

I was looking to get in at .75 today and I has a chicken. and yesterday I was looking at entering at .68 and I was a chicken.

@Chickentrader52 I was chicken yesterday but I knew this morning there would probably be a morning spike I ended up having an important phone cal right when it started spiking in the morning. So I waited for MGT to come down and I thought I had a great entry but played it very safe when it hit resistance at .84. I was hoping it was going to break .84 on that first bounce.

Having only 3 day trades a week sucks. You have to be very selective on what stock you decide to trade. I have a cash account so I have another hindrance of having to wait 3 days for funds that I've traded with to settle. If I didn't have that to slow me down I would have got in on the $MGT action.