Uber has reached the high area of confluence of $28.30 which acted both as resistance and support in the past.
1) There is a MACD crossing which may mean there will be a discontinuation of the current bearish trend.
2) RSI is bellow 30 and making higher lows
3) Lower Bollinger band almost touched last Friday at market close
1) There is a MACD crossing which may mean there will be a discontinuation of the current bearish trend.
2) RSI is bellow 30 and making higher lows
3) Lower Bollinger band almost touched last Friday at market close
Trade closed: target reached:
Target reached after earnings echos, especially due to management regardless of losses