Tuesday 24 March 2020

Uber - Buying Bottom and Then Average Up





Receive a trade from my US Trader last night. I studied his entry and it was perfect as he caught near the bottom and rode the stock up. Total one night, he profited $2779 which is extremely good profits and looking at the way he trades, he only got more upside and more profits. See the 5 minute chart for Uber, there was profit taking but the stock did not crash after that. It's signalling to you that it's strong and it might have higher price to come. So this trader bought his first tranche at the bottom and then average up again since the stock was strong and soon later, the stock moved higher and profits emerged. Congrats and looking forward to see more traders from you!

Ron K - A Game Changer