Just posted that pre-market thread, and LITE and COHR have dropped quite a bit. Check out the quoted post for technical analysis on these two stocks, now let's continue: If the rectangle support/resistance flip zone drawn in the quoted post can hold, it means the previous breakout was a valid one. On the other hand, if it can't hold, then we need to observe carefully and proceed with caution. Personally, I think this kind of strong breakout is likely to hold, so this spot is a high risk-reward, low stop-loss entry point for going long.