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Stock made a morning low at 3.08. Saw on level 2 that the price had hit support at 3.08. So therefore i entered at 3.11 with a 3 cent risk. Looking for a small or big bounce off morning highs Got the small bounce and took quick profits at 3.17. Stock bounced up to 3.25 but whatever. I was looking for a quick scalp. Good trading today. Made only 3 trades and was done before 10 am. Took the rest of the day off to relax, pack and catch up on errands.

Shorted too early again. Wanted to get in early but better entry than the last by 6 cents. Stock sqeezed to 3.40 and my risk was 3.40-3.41. 7-8 cent risk is a lot considering my large position. If it squeezed more i would have looked for the 3.50 test to see for a b/oor a failed b/o and then reshort again. High resistance at 3.50. Took half profits at 3.19. Reshorted into the winner at 3.15 and covered all at 3.11 because i didnt want to wait all day for the afternoon crash.

Premarket, stock made a high of 3.50. Shorted into the next lower high but got in too early anticipating that the price action will go down which it did. Cut losses quickly after stock didn't make the quick drop like i wanted. Great trade because I cut my losses short and didn't get squeezed to 3.40 for larger risk and a even a bigger loss considering going in 1900 shares.
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