SEDG Trade on Dec 18, 2023 10:18 from Ihor_Horovenko: Tradervue User Stock Trades.

Thesis: price experienced resistance at the 97.00 level, Friday middle of intraday range. After broke down the VWAP and started consolidating under. I was waiting for a consolidation to be broken down. Goldman Sachs cuts down to sell from neutral - price target is 77.

Stop: Placed my stop-loss above 10:17 candle.

Entry: I have entered position position slightly late have a hindsight. The data on chart at the moment of opening position indicated that 10:17 was the breakdown candle while now I see that the entry could be made with 10:16 candle close.

Targets: usually would like to see 1to2 RR, but generally was targeting 91.50 level from premarket.

Breakeven point: was set after 2 minutes.

Profit taking: -----

Comments: had to be bigger and size and recognise this setup as a potential subset of VWAP breakdown setup that I very like.

Lessons: be bigger + use 5-minute rule instead of 2 minute + enter faster. Have an intention of holding this trade. The ideal holding period is between 30-90 minutes (move2move).