As we have reported before, when a buyable gap up reverses, keep your stops tight as it may not recover. One tactic is to sell at least half if it moves below the prior day's closing price. If it recovers and closes at least midbar, this is a sign of strength. If it looks as if it will close near the bottom of its trading range, one might sell out the whole position.
The conference call that came after it released its earnings report was not completely satisfying to investors so the stock has sold off to some extent, though is trading around yesterday's close as of this writing.
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