Congrats on your first trade. Looking at a 2 month chart, and keep in mind, just looking at a chart is just looking at technicals, not fundamentals. Fundamentals are things like, is the company solvent, when are earnings, is there good or bad news coming up??? So here are a few technical things.. First off, it doesn't have a whole lot of volume, so I hope you don't own too many shares, because it might be difficult to get in and out of the stock at the price you want... second You see the highest thing I circled. Look at the 50 moving average that it fell below... That was some broken support... but you see how it was kind of supported at the 200 moving average where you bought? That's a level of support, it should bounce up of that.. If it drops below that, then that would be bad. What it looks like is you kind of have it at a little consolidation level here, but don't be surprised if as it goes up it hits its head on that 50 and bounces back down to the 200, cause those indicators are often support and resistance levels. Keep an eye on those things... This one might be setting up for what is called a "short squeeze", depending on how many people are short on the stock, and it will eventually break out or down off of that 50. Someone like Blane might be able to tell you if that's the case.