Tried buying this 2nd day earnings winner anticipating a break out when it broke an intraday high & multi-month resistance level of 7.20. Time of entry was around 10:20. Went up a penny and back down to 7.17-7.19 and stalled. Tried waiting it out and it dropped more so I cut my loss for a scratch. Volume looked like it was weakening. Maybe I should stick to afternoon dip buys. I'm cutting my losses quickly but this red streak is annoying.