Shared by:
EliBrown
I chased this stock way to far down getting a very bad entry point and leaving not much room for profit. My reward to risk was poor on this trade and should have never been taken. My stop-loss was triggered just above the MAs resulting in a small loss. I more or less forced this trade as I was anticipating it to continue to drop. I should have realized it was getting very overextended and the flush had already been missed.
Execution detail:
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