Going Long

Updated
Let me know if I am missing something, Stock has been beat down but has started turning up. has broken above EMA on both 5 min and 15 min. Is this a time to enter long?
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Someone help me and explain what I missed or was just one of those that went the wrong way?
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I was way to aggressive, even though things had turned up on the 5 min it wasn't any where near being in an up trend on the 15 min.
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