UBER is looking like its about to breakout of its ascending triangle pattern. It has now tested the $45 range four times. It may bounce around within the triangle a bit, but once it breaks i'm looking for a profit target at $48. This is about $3 breakout which is 1/3 of the range it has been when forming the ascending triangle.
Trade closed: stop reached
⋅
Trade active
⋅
Re-entered trade at 44.7 level due to the breakout reforming