ENTRY: (From memory)... I got into this stock late day looking to hold overnight. It had formed a massive ascending triangle intra day and I thought once it caught some volume and broke over half dollar resistance of 1.50$ it would squeeze up and I would sell into the morning gap. EXIT: Stock couldn't push through and was stuffed right at 1.50 resistance. I cut losses quickly the next morning, giving it time after the open to spike but never did. LESSON: Buy after price action confirms thesis.