The expected intraday rebound doesn't appear to be materializing at the moment of writing these words, and the outlook for today's open trade has correspondingly deteriorated. As a result, it makes sense to close the currently open trade at market, and wait for a new opportunity. The risk of keeping the open long position over the weekend would be too high to justify in light of capital preservation.
Thank you and have a calm weekend.
Monica Kingsley
Stock Trading Strategist
Sunshine Profits - Effective Investments through Diligence and Care
