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Uber

Every Traders and Analysts should know their Limitations!In this article, I would like to review some of my best trades in the past 2 months! My goal is to talk about earnings and how unpredictable their outcome could be. In the past few months, I have tried to find reliable methods to predict the price movement after the earnings! Unfortunately, I did not find any reliable and fairly accurate method so far! Having said that, I prefer to stay out of trades before earnings to manage the risk of exposure to big gaps! I do this because I know it is in my favor in the long term! For example, I opened a perfect entry at 125.5 for Qualcomm, and closed with a +7.66% gain before the earning! It popped with +12% after earnings! Should I regret it? My answer is NO, I am actually very proud of this trade, although I missed the bigger chunk of profits in this trade, my decision was right in Palantir and AMC case! PLTR: trade closed with +10% in 21 days AMC: trade closed with +26% in 4 days Also, I prevent a catastrophe in PYPL: closing with a -2.16% loss. But why should I be proud of my trade? I think any trader needs to define his rules and follow the rules! In the long term, those who do not follow their rules will have the same result, most of them will fail..! How did I decide to not hold my positions during earning calls? I apply one of the game theory rules! Minimax In game theory, minimax is a decision rule used to minimize the worst-case potential loss; in other words, a player considers all of the best opponent responses to his strategies and selects the strategy such that the opponent's best strategy gives a payoff as large as possible. The name "minimax" comes from minimizing the loss involved when the opponent selects the strategy that gives maximum loss and is useful in analyzing the first player's decisions both when the players move sequentially and when the players move simultaneously. In the latter case, minimax may give a Nash equilibrium of the game if some additional conditions hold. Minimax is also useful in combinatorial games, in which every position is assigned a payoff. The simplest example is assigning a "1" to a winning position and "-1" to a losing one, but as this is difficult to calculate for all but the simplest games, intermediate evaluations (specifically chosen for the game in question) are generally necessary. In this context, the goal of the first player is to maximize the evaluation of the position, and the goal of the second player is to minimize the evaluation of the position, so the minimax rule applies. This, in essence, is how computers approach games like chess and Go, though various computational improvements are possible to the "naive" implementation of minimax. (Brilliant) Minimax has many applications: In game theory or decision making, a tactic in which individuals attempt either to minimize their own maximum losses or to reduce the most an opponent will gain. For example, a health researcher may propose an intervention that would be the least aversive treatment for a serious disease, thereby minimizing the adverse effects patients may expect to experience as a result of the disease. I can apply what I learned in med school to the market! When should you use Minimax in trading? The answer is simple: Always..! Actually, Minimax is the mathematical reason behind using stop loss! I think I do not need to talk about the importance of stop-loss, I just want to mention WD Gann quote about stop loss: "Stop loss orders are a trader's best friend." Price Gap: Generally speaking, stock prices experience a price gap after earnings! makes it very hard to execute your stop loss without slippage if you are on the wrong side of the trade! this slippage could harm your overall performance in long term as a trader! Decision-making in the presence of uncertainty. Minimax, as the name suggests, is a method in decision theory for minimizing the maximum loss. Alternatively, it can be thought of as maximizing the minimum gain, which is also known as Maximin. It all started from a two-player zero-sum game theory, covering both the cases where players take alternate moves and those where they made simultaneous moves. It has also been extended to more complex games and to general decision-making in the presence of uncertainty. Stock Market is a Non-zero-sum game, While options are a zero-sum game! To wrap it up, you should use minimax when your opponent is very sophisticated and its activities are very unpredictable! No need to say that market is very sophisticated and unpredictable! "Why do you think the same five guys make it to the final table of the World Series of Poker EVERY YEAR? What, are they the luckiest guys in Las Vegas?" -Mike McDermot, 'Rounders'. Reference articles: brilliant.org dictionary.apa.org uh.edu becominghuman.ai
PEducation
by Moshkelgosha
6
$T $AAL $MU $UBER I OptionsSwing WatchlistT 1D I T spent millions lobbying to get the infrastructure bill passed. It's network expansion plans will benefit from govt. subsidies. There is a bullish div on the RSI. AAL 2H I AAL ended up breaking from our bull flag last week and made a 15%+ move from our entry, after finding support near $19. Expecting resistance on AAL near $22. MU 1D I Micron is uniquely positions to speed up 5G across all parts of the spectrum. MU is currently testing the top of its bull flag. The stock average price target is $96. UBER 2H I BUBER bounced right on our trend. After reporting earnings UBER ended up breaking out from the bull flag and making a 12%+ move from our entry.
NASDAQ:MULong
by optionsswing
1
$CRWD $AAL $AFRM $UBER I OptionsSwing WatchlistCRWD 4H I CRWD has been consolidating between $280-$290 after a big run from $240s. Watching for a breakout above ATH as we have uoa betting on a breakout above. AAL 2H I Down nearly 15% from recent highs, we are seeing AAL trading within a bull flag pattern. We also have a bullish divergence forming on the RS on the 2H time frame. AFRM 2H I Watching AFRM for a break above ATH. Even though we have a bearish divergence on the RSI, our ALGO picked up bullish activity on AFRM for 11/05. UBER 2H I Down 10% from recent highs, we now have UBER trading within a bull flag. Watching for a bounce near $42 or a breakout from the bull flag pattern.
NYSE:UBERLong
by optionsswing
DIDI: THE UBER OF CHINA ON SALE?DIDI , considered as the UBER of China , has lost 60% since its IPO day. Chinese stocks have been beaten down badly. Is this the opportunity of a lifetime to buy them cheap? I don't know. Tell me what you think. Looking at the chart, I see a triple bottom and a potential bounce play for all Chinese stock. I believe that Uber is a Didi shareholder. For these reasons I'm investing in the company for the long term . Great buy here if you can handle the regulation risk.
DLong
by Elpidaldo
2
Uber short term bullish. UBERIndeed. Have a look. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
NYSE:UBERLong
by Rykin_Capital
Uber on his way to change the trend in daily to became bullishUber has a good configuration to change the bearish trend, but we need to wait next week to see : Prices : As we can see the first tentative to cross the cloud by the price was failed, and now we wait for the second one: resistance at 45.60. The chinkou is bullish but we need to wait until he cross the cloud (it s possible because the cloud is titled) Tenken has crossed the kijun (which is a good signal) , the confirmation can happened when he break the resistance at 45.6 The last candle is a good reversal signal
NYSE:UBER
by challenger_man
UBER Can Ride To On Bullish Reversal (M Patterns Formed)Traders, Uber has been falling down and has not completed an M pattern. There is an extended version of the M pattern available below where we have better FCP Buy Zone. If the upper FCP (Fibonacci Confluence Zone) gives a breakout we can initiate a position and if and when it comes down to the lower FCP zone we can add the position. Targets are market in white horizontal lines. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅ Follow me for future ideas, trade set ups and the updates of this analysis ✅ Don't hesitate to share your ideas, comments, opinions and questions. Take care and trade well -Vik ____________________________________________________ 📌 DISCLAIMER The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions. ____________________________________________________
NYSE:UBERLong
by vikinsa
4
Analyzing My Part Time Employer - UBERNYSE:UBER Is a great way to make money part time, especially if you can do it to invest that money in to the market. Why do I do Uber? That's simple... I do not trade with money I cannot afford to lose. I love investing but I also love paying my debts. Unlike China... ok that was pretty weak. Anyway... This demonstrates buying the wrong break out and what can happen if you are caught in that zone. The strength looks good with a massive upside especially in an economy where work culture is beginning to shift dramatically and the gig economy is becoming more of a household choice rather than a regular side job. I am long on $UBER as long as regulations stay in favor of the gig economy, but is imperative that we break above our upper wedge resistance for a more sustained breakout move.
NYSE:UBERLong
by jakelikesstocks
2
Does Uber waiting for us at the support level?reversal pattern in 5-minute chart: Market Cap: 72b Shares Outstanding: 1.8B Average Trading Volume (10 days):21M Shares Short: 79.5M Short Interest(%): 5% Days to cover: 3.8 Change in Short Interest:+5% Ownership Breakdown: Institutions: General Public: Hedge Funds: Individual insiders: Sum: Option profile: Total OI: 2.2M Put Call Ratio:0.34 Put OI: Call OI: Highest Put:50 Highest Call:45 Max Pain: 43 Open Int (30-Day): 2.2M DISCLAIMER I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
NYSE:UBERLong
by Moshkelgosha
1
UBER Daily TimeframeSNIPER STRATEGY This magical strategy works like a clock on almost any charts Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading. It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave. The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes. Start believing in this strategy because it will reward believers with huge profit. There is a lot more about this strategy. It can predict and also it can give you almost exact buy or sell time on the spot. I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
NYSE:UBERLong
by hadimozayan