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tr3mblay
Jan 15, 2020 4:49 PM

Uber $uber Bearish Short

Uber Technologies, Inc.NYSE

Description

Get ready to pick up some UBER on the re-test as I see bearish div forming on the 1 hour and 4 hour so expect a pullback here imo. Not financial advice just my opinion :)

Marc

Comment

Looks like we are ready for that pullback at any moment imo . I can see a retouch of that channel again in teh .5. .618, and .65 fibs.

Cheers,
Marc
Comments
Triston27
RSI is following price movement identically.
justinl619
Corrective wave up (ABC), this will def retest $25 ish. The WXY correction is bigger than I thought.
tr3mblay
@justinl619, I agree for sure pullback coming shortly. thanks for the reply have a great day!
Dwsilk93
@justinl619, What you fail to understand that, more often than not, when long-term trend lines break, you often don't get the pullback that you want.This won't go below 33.
tr3mblay
@Dwsilk93, Thanks for your opinion always welcome. I disagree with you of course, looks like that last leg up is complete we should see some downside breaking that 33 forshure imo. see how the charts play out but classic bearish div here. Cheers, Tr3mblay
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