UBER Trade on May 18, 2020 11:50 from beno: Tradervue User Stock Trades.

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beno

 

Fundamentals

N/a

Catalysts / News / Painting the picture

-April 06 2020: Uber starts listing other jobs for its drivers in wake of COVID-19 crisis
-May 05 2020: California sues Uber, Lyft over misclassifying drivers as contractors
-May 18 2020: UBER laying off 3000 workers and closing 45 offices

Technical Analysis

-SPY pattern: Runner
-Intraday pattern: Mountain
-Levels: 33, 34, 34.5, 35, 36

Strategy / Confluence / Sizing Guide / Risk

Strategy: First test long of 24.5 level
Confluence: VWAP, Half $
Strike Zone: 34.63 - 34.5
Sizing (lots): 2
Risk (stop / Rs): Hold below 34.5

Review / Lessons Learned

Was eating lunch so heard my alert go off, ran to desk, and got in, only got in 1 lot, probably shouldn't have taken the trade, mindset was to rushed.


Execution detail:

Date/time Symbol Side Price Position
2020-05-18 11:50:18 UBER buy $34.640 long
2020-05-18 11:53:25 UBER sell $34.740 0


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