$UBER Double Bottom - Downtrend Breakout

$UBER Double Bottom - Downtrend Breakout

After moving counter-SPY during the initial pullback beginning September 3rd, $UBER pulled back to ~$33 and formed a clear double bottom. After forming this bottom it broke out of a downtrend line at $34 which has also acted as long term flat-line resistance.

BTO $UBER 10/2 $35c avg $.50

Bonus Trade: BTO $ETSY 10/2 $120c avg $2.40

Yorum:

UBER calls were up 200% at one point and closed +100%, I trimmed these through the day.
ETSY calls closed up over 100% and still holding.

Yorum:

$ETSY was closed this morning at $5 +~100%