Stop hit at $8.96. Traded as low as $8.80.
I rushed into the trade before the down move was finished and hoped for a snap back. That didn't happen.
Stopped with a small loss just a few cents of slippage. I could have held a wider stop with fewer shares and kept the R the same. Or, I could have increased R beyond to at least 1 R to allow for a .70 stop. It now looks like a reversal bar as it traded positive stopping me out.
I had a plan and I traded it. it didn't work this time but the damage was minimal.