Was setting up as VWAP right after the second move it ran to 160. It pulled back down to the WAP then decided to reclaim the highs so I thought it was a second leg but just turned out to be a fail. I put a hard stop limited order in around 1.20 but took it out. Decided to put it for 1.19. The initial dollar risk level was $1.10 risk $.30 a share.