I missed the rally at the open. I should have been pulling up my 1 minute to find an entry because there was no set-up on the 5 minute besides a range break. The range break level was at 15.94, which I mentioned in my plan. I went long while it was way over-extended with 500 shares at 16.14. It would either need more time to consolidate here or would need a deeper pullback which is exactly what happened. I was stopped out at 15.95 when it broke below the 20 EMA.
Execution detail:
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