DoorDash, Inc.
Updated

DoorDash: Is it another advantage or a liquidity trap?

39
Reading a slightly bearish sentiment on DASH at the moment. We have the swing high anchored VWAP combined with a riding wedge. In the short term, it could potentially reach 195, potentially creating a false breakout and trapping long liquidity. Therefore, it’s advisable to exercise caution and closely monitor this situation. Let’s see how it unfolds!
Trade closed: target reached
Intra-day trade for roughly 120% on options. Good, easy trade!

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