Capturing 22% move if low is in. If all orders fill - potential for 40% roi. Short term trade only. This is in addition to longer term swing trade. Stopping out of short term trade if pennant lows fail to hold (discretionary stop)
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Large buys hit in the .168-.16 area. If price drops and looks good for a rebound I am holding enough in reserve to increase position by an additional 50%, but satisfied if lower area does not present an opportunity. Targeting a return to the highs. If price drops below .15 I will be looking at a quick exit from this short term position and look to add to long term hold on a return to .12-.11 or a return to the range above .15 and signs of accumulation there.