UBER is very far from its support zone. With 2 sell signals from Divergence+ ( so accurate it cost a subscription ) and the support zone being at 41.82 a share. We can expect the stock to fall below my target price of $45 a share this week while staying above support at a healthy price.
UBER has been pushing for a breakout for sometime now. check out our previous posts linked below. this week had couple of great signs (of strength) - the reaction to the California law suit and the reaction to qtrly earnings - but even before that, price action indicated the persistence of UBER bulls and the "drive" to move upward. what the chart tells us? we...
A close above 38.50 (daily) sends UBER to new highs IMO Zooming in on the 1hr shows an imminent breakout on the intra-day time frame:
setting my alerts at the top and bottom of todays candle. if it breaks with volume, i'll be playing it in that direction to my target
Looking at $UBER we have made a significant long breakout of angular res but we really need to not fail in the same spot as last time. Hold the fib zone and keep the momentum hot and we should be approaching ATHs again.
Hello traders and investors! Let’s see what’s going on with UBER and LYFT today. Both stocks are doing some impressive movements, so it is a good time to study them. First, let’s start with UBER. The stock is doing a phenomenal movement today, but if we look at the charts, it just hit a resistance zone today, the black line at $ 41.86, and now it is doing what...
Hoag's 80% Value Play (Election Day Short-SELL THE NEWS) Uber looks Toppy, Multiple Potential Dbl Tops (Unconfirmed) Reasons for Trade: 1. Have retraced to areas of .618-.786, and to + .786 of its range from IPO high and most recent high, respectively 2.At volume high rn, break back into value, and held for 2 consecutive 30m candles, suggests price will revisit...
All data points are described on the chart. Transparent Traders TT Blackbox for the win!
#uber Has been building the final right formation of an inverse head and shoulders over the last week. As we see the triangle starting to tighten we can expect to see a breakout soon. Be cautious of the four hour RSI dipping below 50%, indicating we may see another reset of the RSI before we break to the upside.With Tesla showing interest in automation of public...
The Wheel is an options trading strategy where first we are selling puts to collect premium. In the instances where we get assigned the stock, we’re then selling calls to collect even more premium. As you know, I’ve been actively trading “The Wheel” since the middle of the year (2020) and at the time of writing this, have yet to realize a loss. In this article,...
Price started to converge in an ascending triangle pattern. The pressure seems to be building to break to the upside. Need a solid break through resistance to target higher levels. While markets are a bit wobbly due top earnings season, a break higher is a good signal to buy more. Please support the idea and share your thoughts on UBER! Good LUck and Stay Healthy!
Uber is trending great on 1D chart and is looking good on 15m if it copy’s the pattern I marked. Big dip today OCT 21 #btfd
Bullish signal based on today’s closing price and volume. Closing price was trending lower until today Price closed higher than yesterday Volume higher than previous 10 days Price broke above 10 dma (cyan) Price broke above 20 dma (blue) Price bounced at about 50 dma (dark blue)