`Saw this stock pop up on no news. Waited for backside of the move. I saw that $2 was a key level as it was holding as support. Cracked and I knew I would take a short if the bounce towards $2 failed. Resistance held at 2 so I jumped in 600 shares short at $2. As it was fading I kept adjusting my risk level that way if the stock came back around I would get out with profit. Ended up covering at .65 when I saw on bids coming in onlevel ll. Total profit $796. Paper trade but just trying to perfect the strategy/pattern. Time to study study study study:)
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