Uber possible long play (UBER)
Uber is trading higher today up over 5% after the rideshare platform was upgraded to overweight from neutral by Piper Sandler. The bank said increased car prices will push consumers to Uber and other rideshare platforms.
Technically, price action via the weekly has broken out of a flag pattern, eying a possible inverse head and shoulders pattern.
Uber is trading higher today up over 5% after the rideshare platform was upgraded to overweight from neutral by Piper Sandler. The bank said increased car prices will push consumers to Uber and other rideshare platforms.
Technically, price action via the weekly has broken out of a flag pattern, eying a possible inverse head and shoulders pattern.