Red to Green strategy

You will hear the red to green strategy but how do you know where the bottom is?  I will show you how I find the bottom and maybe it will help someone.  On the daily and 5 minute, I usually draw some support and resistance lines. I believe support and resistance is miss understood.  Support and resistance is not a buying point always.  It can be but there is more into it.  So on this stock, I will just use it for places to keep an eye on. Below, is the 5 minute chart.

VWAP is pink, 8 EMA is blue, 20 EMA is orange, and 50 EMA is gray.