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pallen11
Oct 8, 2021 2:09 AM

Uber Analysis 

Uber Technologies, Inc.NYSE

Description

Uber looks to have broken out of it falling wedge that had been developing on the weekly chart. The MACD has made a cross signaling a possible upward trend getting ready to take place. RSI made a complete retracement but did not completely reach the oversold boundary before beginning its way back up. Uber is signaling that it may be making a new trend to previous highs or break higher.
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