UBER looking prime for a quick run back to the upper $40's. Looking for $47 by 8/20. Playing $46 calls expiring 8/20.
Trade active:
Do we have a morning star pattern on our hands? We will find out tomorrow. Will add to position if Morning star comes through.
Trade closed: stop reached:
Uber is taking a beating. Will re-enter if we get a bounce of that bottom trendline.