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That's a great type of trdae because 1) You know exactly were the support was and it held after hours EXACTLY THERE. 2) Your risk was less than 1%. 3) That trade was good for 11% if you took your profit on the bounce to $20.00.
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Here's a type of trade I don't think i ever shared before. Lets say you looked at the $BBBY chart and you see the last time it dropped it fell to $18.05. Now you know that's support. So you buy around there and let's say if $18.00 gets broken you will set off a stop loss.
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