Yesterday, this earnings winner spiked up to $0.69ish and then faded all day and ended the day above the $0.50 level. It opened right above support from yesterday, so I figured I could dip buy it because it was nearly $0.20 off its highs from yesterday. At the open, it spiked from $0.52 to $0.55, but I didn't chase. I wanted $0.51.There was a huge buyer that emerged from $0.51 but was taken instantly. I got in with a limit of $0.51. Right after, it started to panic. Cut losses quickly.