1Semana·

The resistance on the VWAP was too strong again, unfortunately 😥

$UBER (-0,29%) At the market open, I was optimistic that today, after several attempts, the momentum would be sufficient to break through the VWAP deviation bands. But as you can see, demand at divergence2 (red) dropped almost exactly on the dot.

Well, maybe it will work in the next few days, or who knows what will happen today. If the price returns to deviation1 (yellow), I will expand the position again with an additional short-term trading position in the small range. The "core" position will remain in the portfolio until further notice.

10min chart NYSE:

1D Chart NYSE:

#trading

TomTurboInvest

@TomTurboInvest

2Semana·

Trade in a small range with part of the position📈

$UBER (-0,29%) The day before yesterday evening I increased my Uber position by another 50 shares, which was planned as a short-term trade in the small range. Today, these 50 shares have been thrown out when the upper edge of the range was entered.

However, my Uber "core" position of 150 shares remains in the portfolio, as these 150 shares are designed as a swing trade and I am still waiting for the breakout from the higher-level range🙄

PS: the red and yellow lines in the chart are deviations 1 and 2 of the anchored VWAP (blue line)

#trading