I'm considering dipping my feet back into the water with a small position in $CHEMM. Breaking into ATH, showing great RS and good volume on breakout day. My concern is that the market could limit the upside potential, should it break down from its #Stage3 range on a 2h TF.

My stop-loss would be set at 286, which is a drop of 7,14% from current price level at 308. I'll wait until around market close to see how volume develops, as well as todays SP500 price action.