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Here is what is currently happening.
Tried to buy this big % gainer on the dip when it looked like it was turning up, but didn't catch the bottom. Tried to bounce but then dropped more. Should have cut before it was another disaster, but it bounced back so quick and so choppy I gave it some time. When it bounced again it was choppy and unconvincing so I got out for small loss....just as it bounced to 5.80. So on the right track but choppy stocks are tough.
Broke out yesterday, bought today after breaking above a nice round $2 level and making 52 week high expecting possible morning spike to sell into. WHAT A SLOW MOVER. Lesson learnt to trade high volume and volatile stocks. High spread, and hard to get out of. Could have made a better loss but the spread was just too bad and no stocks to exit.