UBER buyers are very bullish coming up to earnings.

Uber had a very bullish end of last week. They have their hands in many things outside of ride sharing. They now have expanded into package delivery, freight, food delivery, and courier services which are operations that have increased due to COVID. I anticipate it will reach the $38 resistance level by earnings and even break up to $42 and all time highs off of anticipation. After earnings it's hard to tell unless they blow it out of the water.

Comment:

Very unlikely chance of this going past $38 with their balance sheet. I anticipate resistance at $38 then a short opportunity as it goes back down into the channel.