127.62M float, 91% institutional, running into resistance on the daily... should have left this one alone. Not enough analysis done before taking the trade. Impulsive...yes. I was not patient enough on my first entry. I bought 100 shares at 56.79 while it was pulling back but the EMAs were still to far away. I bought another 100 shares at 56.42 on a green candle after hitting the EMAs. I had a trend line drawn justifying my last entry but there was not follow through in the stock. My last entry was 100 shares at 42.99. I held on for a bit but the stock chopped around back and fourth along the VWAP for most of the day so I exited my position at 56.23.
Execution detail:
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