My entry tested out my theory that the stock if it could hold the 1.80 range, might push back to 1.90 and then possibly 2. That was wrong. All the indicators pointed to a bearish move when I entered. The 7 a.m. crowd didn't push the stock up, the trend line was bearish, and the support at 1.80 was tested and showed weakness. I also entered the trade on a red 5-minute candle. Looking back at the trade, this was a bad one. I also found myself holding and hoping and not cutting losses fast.