Caught the ORB as this stock had a huge 50% gap up on earnings. I entered a long position at 6.80 and scaled out at 7.23 & 7.31. I reloaded for another long position as the stock pulled back to the 9 EMA but I was early on the entry. The 9 EMA held as support and a flag breakout followed. I scaled out as the stock was making HODs. I held onto a few to many lotto shares. I probably should have sold more off at the high as weakness was developing. I sold off the rest of my shares as the 9 EMA was broken. The stock consolidated just above the VWAP for the rest of the day and would have been a nice day-long consolidation to consider entering.
Execution detail:
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