CUX and Capstone may my break by bones.. but spikes can always kill you..
CUX - I am late yes. The first move at around $3 was better than $3.40. I bet on catching a down spike though first. May never happen though.. yes? no? May continue down? I was buying CPST when flat then down - but as we saw it continued to around $1.45. A better buy was a bounce off that and then losing perhaps 20-30 cents - but confident it was sound. Then it hit $3.52 and fell back from there.
CPST - Nice move up - resistance still for me is around $2.18. But I would like it to cross the 200DMA to confirm the uptrend - which is at $2.23 today (your resistance too). Personally I am 100% happy with dumping - I should have dumped earlier; but I can always improve.
VTIV - Again.. define a down spike? They are small - but happen during the day. The daily moves are so strong - will the next big down day, I buy, be the day it continues down? Definitely feel like Tuko - "If you are going to shoot.. SHOOT! Don't talk."
Two angles one can go with ...
A) Buy on a dip - more inclined to do that I suppose if I have the time to watch it and/or already hold a core position, know about the stock and am confident it is a blip.
If MSFT dipped to $22 I would buy. Even it if it goes down to $15 I know they have a "few billion" in CASH and won't go bankrupt.
B) Buy going up - the direction is right - not buying on weakness.
Place and time for both. I WANT CPST to hit $2.23 before I buy. I want CUX to show signs of life before I buy (I was late, my gamble).