Reversal Trade on UBER, went long and short since with catalysts.

Day trader's lookout for stocks with prices that are moving quickly with the goal of capitalizing on short term price movements, generally speaking, the more that the price moves during a trading session, the better. How do we know when the price of a stock might be on the move? With trade catalysts!

For $UBER it was a bad catalyst since their competitor $LYFT has a very promising good news. Nevertheless, makes the stock volatile for the day, which day traders like us would love feasting on.