This is the EXACT SET UP I wait for! this was a pick off my watchlist from last night. I had a saved order at 2.71 when I called the bottom using level 2 but did no send it and wondered why it didn't fill! finaly relized what was happening then chased to 2.80. took a small position and played off the 2.72 support as risk. once it broke out I paniced and took tiny bullshit profits WAY TO EARLY at 2.90 as it quickly went to 3.18. lesson for the books once again.