ALXA counter trend

This is a counter trend play. CHeck out how you can profit from such plays. Again the 1st 5 min bar is the most powerful. You need a stock to gap up and far from support. Here the support is 5.00. It opened close to 6.5 which is a huge gap. Works well on such gaps that opens far from the support.
If the 1st 5 min bar is weak, start your position and add in your favor exiting as shown