Assuming that the stock was going to break resistance at $12.14 for a quick retest of highs before the close I entered. However, I got faked out on this stock. It hit resistance right after my entry and dropped down. I soon exited.
I should've been a little more patient and allowed it to break previous highs first before attempting to enter. Also, another indicator that should've been a red flag is that the stock developed a flag prior to entry but stopped at $12.14. If it was going to retest previous and potentially break through it would've did it during that point.
Execution detail:
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