Decided to go for a dip buy and i thought i had the low around 6.95 as it evened out there, i thought it could break 7 and really run. However it dipped down even farther and i tried to average out my position. In the end the dip went all the way down to 6.01. I did not cut my losses quickly and i was not patient enough to catch the bottom of the dip. I did not allow the chart to show me what it was doing and i became very emotional and undisciplined. Good lessons for next time.