uber has no clear direction and you better not try and guess.
Updated
so uber has been a very trendy stock very clear higher highs and higher lows then on the breakdown we saw the same thing
now we are in between levels and 34 will be the one to tell us if we break the previous lower high or we continue the downtrend
so ill set a alert at 34 then one at 27.75 and wait for the trade to come to me rather then guess
ill be doing so on a lot of other stocks and just sit down and read my alerts as they come in rather then guessing the market
roomers are that more money is being lost predicting a crash then people actually make when it finally crashes the reason is actually very simple
because the person trying to predict the market will buy puts every time the market goes up and wish it will crash but when it actually crashes he'll run and buy calls cuz hey he is trying to predict whats coming so lets just sit and wait for trades to come to us
now we are in between levels and 34 will be the one to tell us if we break the previous lower high or we continue the downtrend
so ill set a alert at 34 then one at 27.75 and wait for the trade to come to me rather then guess
ill be doing so on a lot of other stocks and just sit down and read my alerts as they come in rather then guessing the market
roomers are that more money is being lost predicting a crash then people actually make when it finally crashes the reason is actually very simple
because the person trying to predict the market will buy puts every time the market goes up and wish it will crash but when it actually crashes he'll run and buy calls cuz hey he is trying to predict whats coming so lets just sit and wait for trades to come to us
Trade active
two things happened now on this market rally first we broke the trend line down and we pushed out the purple line as well to the upside now i would wait for a pullback to enter long to 40 run up to ERNote
nice close above the purple line long here
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