MSFT Trade on Nov 6, 2023 09:32 from Ihor_Horovenko: Tradervue User Stock Trades.

Thesis: Opening drive play potential based on big picture strength. Continuation of a breakout from a falling wedge on 1D TF + breakout above Friday high and premarket high on 1st bar.

Stop: Placed my stop-loss below the breakout bar (09:30 candle).

Entry: I have entered position very late, when realistically had to be in at 09:31:00 and I am specific to a second.

Targets: 1to3, then hold with trailing stop loss.

Breakeven point: was not set but instead decided to exit due to slow down of the price movement on the tape. Buyers were unable to pass 356 level and it was not the "buy and go" setup.

Comments: had to be much earlier getting in!!!

Lessons: RVOL is crucial aspect of this setup and it is inappropriate to take long with the technical value of less than 1.00. Ideally must see 3+ in combination with catalyst news.