Entry comments: The company had entered into a 3-year agreement worth over $300 million. The stock had resisted 3.25 4 times before breaking out on the 5th. Volume was good at 1.5 million on a float of 927K. I bought the dip on the pullback to that 3.25 area.

Exit comments: I stuck to my rules and cut when the stock went below former resistance. However, on this occasion the stock gave that 5% bounce that I was looking for. The stock consolidated before later soaring to 3.88! Frustrating but sticking to the plan is absolutely key!