Intraday fundamentals

Loss: 6 cents vs. 54 cents expected, according to a consensus of analysts surveyed by Refinitiv.
Revenue: $2.90 billion vs. $3.29 billion expected per Refinitiv.

TRASH EARNINGS
+ weak ARK names

TRADING PLAN
UBER short. possible supports 48/47/45

going to look for intraday patterns. look for both longs and shorts and play of earnings volatility

TRADE STRATEGY x ✓
- Important technical level on daily charts ✓
- News catalyst ✓
- Elevated RVOL ✓
- Volume spikes into the breakout ✓
- Sharp move away from price ✓
- Holding above vwap ✓
- Decreasing volume into pullback ✓
- Buying on the tape into the pull ins ✓
- Short interest on my side ✓
- Option flow with OTM strikes x, lots of OTM call? LOL wtf
- Hold until reasons to sell
- Market in my favor ✓
- Corresponding stocks and sector supporting direction ✓
- Hot sector ✓

Potential Reason2Sell
- Price target is reached ✓
- uptrend is broken ✓
- unusual seller on tape ✓
- Breaking news in stock market
- moving average is broken ✓

TRADE REVIEW

• What did you learn from this trade? Learned how to be nimble and scale a position
• How could you have done better? generate more cash flow in the morning off the opening drive with the initial long. The RR wasnt there to hold long and should have switched biased faster
• How would you trade this differently for the next trade? look for a swing as usually this is a trade to hold

TA