Regarding the rectangle, you're right - my pennant was invalid. Regarding the buy order (doesn't matter if limit or stop) I would have loosed my money, because the daily candle opened WAY above the rectangle and dropped like a stone wayyyyy down.
So this is really no asset, you normally like to trade for sure ...
Sun trader is correct. Your stock experienced the NYSE "glitch" this morning. You got caught in it. That is now how the stock operates normally as mentioned. You just need to ignore today's action.
Human error
The New York Stock Exchange said the manual error that caused wild price swings and trading halts for hundreds of company stocks on Tuesday was the result of an NYSE employee failing to properly shut down Cermak’s disaster-recovery system. The episode prompted the exchange to cancel thousands of trades at a cost that’s still being determined.
