If it opens down in the morning, I view it as a 2-day short as it has set up a triple top. What is the stock?
I recommend you read the book Edwards & MaGee on Technical Analysis. That book covers how to trade. really learn everything you can from the book. there are many editions at different prices. i would pick a lower priced copy of the book. Amazon has the books from less than $10 to over $100. I purchased and read the 5th edition when it was the newest edition 50 years ago. It is the foundation of all my trading.
Just added some more here from .80. Nothing like confirming a breakout into the open with a new high in the afternoon.