Maplebear Inc.
Short

Instacart | Maplebear back to and below bottom

75
The daily has been forming a rising wedge, which had a failed breakout back in early-to-mid November.

A failed breakout makes an actual breakdown even more likely than it already is for this pattern.

I'm expecting a move below 40 and then a stronger move down:

TP 1 = 24.27
TP 2 = 19.06

Invalidation of this short would be a 2nd and successful breakout (so, look for price to cleanly rise above ~45.59, and then from there above the wedge and 50 for it to remain bullish)

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