Stock has had several strong up days and was needing a rest or pull back. I missed the flush in the morning as it was coiling with the 9 EMA pushing above. I entered a short position on the bounce but chased my entry to far from the 9 EMA. I should have entered as the stock was showing continued weakness after briefly piercing the 20 EMA. I covered some shares as the stock was breaking down. The stock formed a mini 1-2-3 reversal and my stopped was triggered as the stock broke above the EMAs.
Execution detail:
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