UBER:
Flagging
Look for a break above 61 resistance
Entered debit spread. Bought 60 call. Sold 64 call.
Stop out at lower channel of triangle
Flagging
Look for a break above 61 resistance
Entered debit spread. Bought 60 call. Sold 64 call.
Stop out at lower channel of triangle
Comment:
update: still in trade. flag is still present. target of $64. dropping my call shorts if price crosses $61 to maximize profit.
Comment:
just now
Still in trade. Chopped up this morning. Fall and Rally. Looking good to hit 64 especially after failing to break lower.
Still in trade. Chopped up this morning. Fall and Rally. Looking good to hit 64 especially after failing to break lower.
Comment:
Even more confident in this trade after recent price action.
Comment:
UBER broke $61 resistance. Next target $64
Comment:
Split options spread. Sold out of short calls. Letting my long calls roll in the dough!!!
Comment:
Should see a short pull back at 61.60. If it blasts through the upper channel high probability of $64 being reached today.
Comment:
Being objective hear, im seeing weakness in UBER. Possible reversal candle present. Breached reistance to 61.5 and immedietly returned to 60.6. It shouldve went higher with the break of 61 resis. Another case of what should happen doesnt. We will know within the next 30m here as the apex of the triangle will be met. Fingers crossed it contuines up but confidence is lower than yesterday.
Trade closed: stop reached:
Yup had a bad feeling about that formation. STOPPED OUT