As we look at major trend shifts, we see there has been a new support line at 35.41 pushing UBER into a positive up trend. August 20th, we saw a new support come in at roughly 37.68 and from there we were pushed into a consolidation period until September 15 in which we neared support and formed a reversal until October 8th where we reached a new peak at 48.67 and after this strike we fell and on November 2nd we hit a scarce point in which a bounce up occurred until we fell and eventually sat in a down trend until December 13th, where we hit a new support below august 20th forcing us into a positive uptrend and now are above 5 shift changes that formed the down trend and it poses that when we pass the 6th we will rise back towards the 48 zone. It took about a month and half to jump from august support to 48 zone and right now in our uptrend we are in the same place as we were on September 20th right before an 8+ jump. In conclusion with historical patterns at this point we could estimate end week to be around 45 zone if we pass our scarce zone at 42.45. We can place calls for next week on a 43$ Call at BUY ZONE between 39.79-41.94. GOOD LUCK EVERYONE WHO SEEKS SUCCESS. P.S If it happens to fall two MSL then we will reposition to the opposite side
Comment:
18% stock price increase!!!!!