Elliot wave analysis indicates that
UBER
is currently in wave 3, Following a rebound from the 0.764 extension, it becomes evident that Uber is poised to advance towards the 1.618 extension, with the potential for further extension beyond, considering the substantial duration of the initial wave.
Comment:
Here's the latest version of the
UBER
chart. I've made adjustments to certain waves and introduced sub waves. Based on this updated chart, we're currently in sub wave 5 within a larger wave 1.