Busy week for many names I’ve been writing about. This morning it’s UBER 0.00%↑
From May -
Now firmly above the IPO price of $42, the AVWAP from IPO of $36, with limited overhead supply here (volume bars on right side). After a couple of years of guilty until proven innocent, this is a firm long-term hold, and I’ve raised my personal stop from the prior mention in the $30’s into the $42ish IPO range. That double bottom from a year ago looks to be a level that people are already lamenting not buying. Not those who followed price.