Now lucky for me it held at $5.00 and stated and up trend from that price at one point spiking to the $5.40's and pulling right back. That was a sign of a resistance level. Also notice that the big volume volume came in early and that now too is also resistance.
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So the next thing I do it go to the 10 day chart and I see that $4.80 was the low on the stock where it held before so I'm thinking worst case scenario. My mental stop is $4.79. It it seems like that number is getting taken out. I'm out now question.That's my risk.
