I chased my entry bit to far down on this trade, increasing my risk. I should have had a limit order ready just below the first red candle to maximize my gains. I scaled out during the flush but the stock was giving me no reason to fully cover and I should have held onto a partial position to catch the bottom or for strength to appear. I re-entered a short position on the bear flag breakdown, but again, I chased my entry and should have entered closer to the 9 EMA. I covered for a small gain as the stock was making lows and covered the rest of my shares for a loss as the stock broke above the 9 EMA. I probably should have had a looser stop after the second entry as the stock continued downwards shortly after piercing the 9 EMA.
Execution detail:
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