Was initially looking at this as a short since there was a big gap down yesterday and thought I would have a good green to red play on this one. It consolidated for a while and I thought it may get a good pop with all EMA's riding up underneath it. Bought it as it was breaking out of a small flag on the 9 EMA but it failed. I flipped it around and shorted later on though.
Target: 27.10 (high at the open)
Stop: 26.65 (right under all MA's)
Reward to Risk: 2x1
Execution detail:
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