BillyJack had a great post about looking at volume times how many days is the target. If that happens at $1.00, $2.00 or $5.00 then set your sell points from when the cover starts instead of setting a SP target until you know its "game on".
PLMG had a great idea for those that can't watch all the time, just set a volume alert and you'll be fine and less likely to do something crazy like sell into a bullshake. Since we know we need 40 million plus to cover which is 4-5 million over 10 days.