I was watching this for a move either way as it was consolidating all day. I got excited when the stock popped thinking it was going to go on a run. I entered at 8.44 with 400 shares. The stock receded and began to consolidate again. I exited at 8.39 for a loss. I should have waited for a stronger set-up to emerge if it was to go on a run as my entry was chased, buying at the top of the spike.
Execution detail:
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