UBER Trade on Aug 9, 2019 10:05 from MarcoG: Tradervue User Stock Trades.

Trade Scenario

(NYSE: UBER) today announced financial results for the quarter ended June 30, 2019. “Our platform strategy continues to deliver strong results, with Trips up 35% and Gross Bookings up 37% in constant currency, compared to the second quarter of last year,” said Dara Khosrowshahi, CEO
UBER lost more then $5B last quarter

Trade Variables

Symbol : UBER
Gap : 6%
RVOL : 3.3
pmVOL : >100K
avg Vol: 9.7M
Float: 1.1B
Short Float: 3.58%
pmPATTERN : A complete MESS!!
Catalyst : ER

Technical Levels

Support: 39 / 38.4 / 37.4
Resistance: 40
Inflection: 40.5 / 41

Trade Plan

Set-up : Up-Trend Continuation
Side : Long
Size : 50
Entry : 39.78
Takes :
Exit : 39.52

Comments

UBER confirms that I was not on the spot on Friday.
I had to travel around 11 for a weekend and I think I have not given to my trading activity the attentions I use to give.
Here another entry below resistance even if I have wrote it down. The setup is not one of those I edge. At least I have just traded with a 10$ risk and perhaps it's the best thing in this shitty trade!
If I lose just few dollars for the sake of improving and expanding my trading practice it's ok but I would really love to see me applying and mastering MY SETUPS besides all this shit! Let's say that if I will be able to behave properly up to October than I will deserve to enlarge my trading practice!!

08/12/19
Bla bla bla!!! I fucked it up!!

08/20/2019
Gap down and go up might imply some choppiness due to the several level of resistance on the chart of SBUX by the date of the trade. I didn't refer to the technical wrote in pm. Not followed the rules here!