UBER

Uber Technologies, Inc.NYSE

Description

⋅ Nov 14, 2020 2:21 AM

I can see UBER coming back down to previous support of $41.99 before continuing forward to over $50. Price is too far away from middle Bollinger Band line to continue. Hence the retrace back to previous support. Fee free to comment and share

Currently shorting UBER but overall I suggest this is a long term long position

Fundamental Analysis

Comments

MrDGF

⋅ Nov 14, 2020 2:58 AM

Also in short term. 1day RSI is over 70

Trendtarda

⋅ Nov 14, 2020 4:01 AM

@MrDGF correct. I already have 2 positions on UBER. I see low 40’s next week

MrDGF

⋅ Nov 14, 2020 8:20 AM

i long put 40.5 27/nov and 4/dec, 50% each

MrDGF

⋅ Nov 14, 2020 2:58 AM

I long put already