Stock gapped down on negative earnings. I had a very poor entry on this trade, buying at the support levels. I also made a mistake on my position sizing, I meant to put 250 shares in but put in 500. Stock pulled back and I got stopped out at 7.25. The stock consolidated just above the VWAP for the rest of the day. I will be watching this at the open tomorrow for an ORB and break of the price support forming along the VWAP.
Execution detail:
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