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GOAT1375
May 6, 2021 7:17 PM

UBER - Buy The Dip  Long

Uber Technologies, Inc.NYSE

Description

Hi, this is my update for UBER. In the last 3 days UBER has fallen more than 20%, we have lost the SMA50 and SMA100, but I think we have now reached the bottom, since we have support level around $45.90, SMA200 (46.74) and RSI is now under 30 so that means that UBER is oversold and it is time for shorts to cover in. So be prepared and don't PANIC ;)
Comments
STalpur
good trade, picked up some 50c for next week, it is limit down/SSR for today (can only short on ask-side) so it will rip, targeting 50$ today
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