But here is the bad.
I entered this trade to catch some of the upward momentum that it had seen in the first half of the trading day and it appeared to be working well. The indicators (white lines on chart) suggested that we could see a continuation of the trend and prompted me to continue my hold past the HOD... which is were the mistake was. Once that HOD was touched and followed by a red candle I should have exited and walked away with what ever profits would have been there. In this case a little over $200 at the $1.89 a share range. It's easy now from the sidelines to say that, but the reality is that when you are sitting on $200 gains with all signs suggesting more it is very difficult to cut and run.
Looking back now I think I should have not entered this trade. Avon was on my watch list due to some good news that came out the prior night and the chart looked like it may have made a move higher for the EOD push. But the real reason I took the trade was a mix of revenge trading and forced trading because I was a bit upset with myself for not taking profits on the $XCO trade. But I stuck to my indicators for an exit trigger and managed to only take a small hit.