LYFT Trade on Feb 9, 2022 09:34 from azamudio: Tradervue User Stock Trades.

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azamudio

 

grade: a
setup: a
management: a (cut it as planned when it showed strength above 40. Tried to give some room, but the move up was too much.)

LYFT reported lower than estimated revenue and active riders and was down 4% pre-market. Other than that, their numbers were ok. 2.17 ATR. Had a strong drive down at the open (almost a full ATR), so my first thought was short the retracement for continuation. Relative weakness to the SPY. The SPY just had a choppy move sideways the majority of the day. I'm really not sure why this became so strong and even made a 2+ ATR move up.


Execution detail:

Date/time Symbol Side Price Position
2022-02-09 09:34:03 LYFT sell $39.740 short
2022-02-09 09:35:03 LYFT buy $40.260 0


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