I like to make trades when a stock that has pulled back retakes and holds the 30 week MA. This is a weekly chart and as you can see we are in week 3 of holding that 30 MA. This is still a high risk trade but risk is easily defined as I'll use a close below the 30 week MA as my stop. Ideas, not investing / trading advice.
Trade closed manually:
$UBER has turned out to be a laggard in my portfolio so I have closed the position with a very small loss. Sold @ 47.26 so down $0.33 per share. I'll keep this on my radar but for now I have better performers.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.