On the daily chart - ROSG was a PR play with a big patent award news in pre market.
Intraday (5-min candle) - missed the first pullback to vwap, so tried to get in a long position on the second pullback to vwap and 9EMA. Unfortunately, I had a very tight stop and got out.
I got back in the trade on the same candle this time with a loose stop at $5.12 or so, right under the vwap as a support. Target was $5.50.
So, my r/r was about 1:2
Execution detail:
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