UBER Trade on May 8, 2020 09:53 from J_Matrix: Tradervue User Stock Trades.

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J_Matrix

 

UBER was a simple bullish retest gap play on the opening short as the stock has ran from 27 to 34 in the matter of 2 days after the ER announcement. Being a struggling company since IPO, the market never really had much faith in the stock as a growth stock and the macro trend is down. Hence I took the bias of shorting at the open on the presumption that those whole bought prior the earnings will take profits and sell out the gate. UBER had trouble getting out 34 in the premarket and I shorted at the first sign of buyer's weakness on the tape.

Shares Traded: 800
PNL: 78


Execution detail:

Date/time Symbol Side Price Position
2020-05-08 09:53:11 UBER sell $32.380 short
2020-05-08 09:55:11 UBER buy $31.980 0
2020-05-08 10:31:25 UBER sell $32.330 short
2020-05-08 10:34:12 UBER buy $32.500 short
2020-05-08 10:40:35 UBER sell $32.430 short
2020-05-08 10:48:45 UBER buy $32.210 short
2020-05-08 10:53:50 UBER buy $32.000 0


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