I must disagree.If it pulls back further it should bounce from...

I must disagree.
If it pulls back further it should bounce from the support level created by previous resistance at or above $4.50.

If this goes to $10+ whats the difference between $4.20 or $4.50 or $4.80.

Not much.

Don't be stingy to spend cents coz it may cost you dollars.

Has happened to me before so I'm speaking from experience here lol.