According to the Internet, Lyft is down some 30% post-market following an earnings call that says the company slightly beat revenue and active rider targets, but reduced guidance for Q1 '23 by roughly 10%.
Q1 spending and travel being down under the conditions of a) post-Christmas and b) in an economy where credit card debt and credit card rates are climbing high...
a blockchain that provides access to a brave new world of global citizenship
a dead capital somewhere can be put into work
with a facility such as this
i wouldnt be surprise if Sequoia or Vanguards takes ove majority of the 20% float currently being allocated to speculators and pals
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
UBER has been stuck inside a big range between the 27.0 support and 40.0 resistance.
🏹 If we retest the green support again, we will be looking for trend-following buy setups on lower timeframes
For the bulls to take over long-term , we need a weekly candle close above...
BULL PULLBACK SETUP:
Uber made a new swing high February 8th. Since then, it's been pulling back with lower or equal volume and the price action from yesterday triggered me to get in today.
I'm going to give this a couple weeks just incase this wants to pull back some more. I'm set up for max loss risking a little under 2% of my portfolio.
My target of 38 was...
Hello everyone, it has been some time since my last post but I do plan on making some more content. Here is my analysis of why I believe it is a good time to short UBER. Some other stocks may be worth shorting, but for me, this is the one that I feel the most confident in trading as of now.
Please let me know if you have questions,
~Master Chef
UBER, a platform that provides ride hailing, food delivery, and package delivery as a service, started its downtrend before the major US equity indices. UBER's all-time high occurred on February 10, 2021, almost exactly two years ago. UBER proceeded to carve out lower highs and lower lows for quite some time afterwards, the very definition of a downtrend. But it...
Uber in an ascending channel and found support on gann fans. Assuming the next fan resistance breaks with the cloud partnering news Uber should make a run up to a minimum 60$ value.
A double bottom also exist on the chart. Stochastic, rsi, and stochastic rsi are turning upward indicating bullish trend potentially starting.
UBER shows some resilience lately, Increasing demand might send the stock price up 40%, sending the stock into the uptrend territory. Adjust your size accordingly.
Market Conditions:
- bullish trend
- possible false breakout / reversal
- bullish sentiment in the market
Key Level and Lines:
- $33.36 resistance
Trading Ideas:
- go short using a false breakout / reversal signal from the resistance
- go long if the price moves above the resistance and consolidates above for a few days.
After news came out about their new initiative to give people on the way to a job interview a free ride, my eyes have been on LYFT. I immediately took note of their fundamentals.. whew! In its history, its only missed earnings twice! In my opinion, LYFT has longevity potential!
With earnings coming up next Thursday, I love the position this stock is sitting in...
BULL PULLBACK SETUP
Detailed definition of setup and what market conditions are desirable:
I've had UBER on my watchlist since about the end of December. And since about August of 22', it's kind of been trading between 31.57 and 26.06. So I was curious to see if it would make it's way back into that sideways channel and so we're here now. And even though...
$UBER - WEEKLY BREAK-OUT
Stocks are breaking out of year-long down-trends everywhere.
I'm loaded 💪🏻
Even our old friend Uber is leading the way, as covid is behind us!
Do you hold any stocks?
#Uber
Uber has been pushing to the upside with thanks fundamentally after the rideshare platform was upgraded to overweight from neutral by Piper Sandler. The bank said increased car prices will push consumers to Uber and other rideshare platforms.
Technically, price action via the weekly has broken out of a flag pattern, eying a possible inverse head and shoulders pattern.
Uber possible long play (UBER)
Uber is trading higher today up over 5% after the rideshare platform was upgraded to overweight from neutral by Piper Sandler. The bank said increased car prices will push consumers to Uber and other rideshare platforms.
Technically, price action via the weekly has broken out of a flag pattern, eying a possible inverse head and...
falling cycle -32.23% more than 10 days.
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This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240...
