I would prob avoid it or buy less and here is where getting in for a cheaper price can lessen risk on these plays. My setup has you getting in 2 days ago, but again i don't love the chart. The last one like it I almost played was achn. Still watching it and love the huge gap above but if I go in I may try to buy at a bounce off the bottom support line. It's sort of how lowT plays channels, it's a different trade and like you, I'm not as comfortable with them.