I tried the dip and rip on this one. Bought at the break of vwap @ 6.8692 with a stop loss @ 5.94. When it flushed, i got slippage of almost 8 cents. nasty. Risked 25, ended up losing 27.11 because of slippage. I will probably need to think of entering once a bounce of some sort of support is detected ( vwap, 20 ema, premarket hod , or something near by). Bummer.
Execution detail:
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