Why I sold PACB Pacific Biosciences

Bought on on oversold conditions, sold because support level was broken. The support line at that time was $5.30.  It became a resistance level after support was broken. Notice I had to sell right away in the morning right after the market opened.  I was like a oh no moment,  get out now. Glad I sold because the price has gone done to $3.35 as of 6/8/2017. If held would be down -$1966.99, that would been a major loss for $4706.40 of capital invested,  -41.79% loss.

Tue Feb 07 14:43:53 2017 Buy 1000 PACB Executed @ $4.6964

Tue Feb 21 09:34:06 2017 Sell 1000 PACB Executed @ $5.307

Total profit $590