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AirMarketGroup
Sep 23, 2020 1:06 PM

Uber Trading Range 

Uber Technologies, Inc.NYSE

Description

Using Standard Deviation rules and a Fibonnaci Retracement channel we can track the range bound movement of Uber and help determine the next probably trading range. Testing near the highs of the range showed some resistance as we closed yesterday with a strong bearish candle. showing inability to regain strength could signal a potential reversal of price back towards the range that we can track from june through august.
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