I stalked this low float ticker after it was already very extended, but still liquid. I watched it come down and hit a key level at $4 then climb ove $5.15. So, I stalked it for a while and it noticed it was forming an ascending triangle and knew another big move could be ahead. It suddenly jumped form the $5 to the $6 in one candle. I stalked longer and it suddenly dropped off back to the $5 level. I took this as a sign that it was about to make another move, but unfortunately, I was wrong. I took position and it dropped. I should have cut losses quicker, but this was my very last day trade and I wanted to be sure it wouldn't reverse and perk back up. It didnt.