green levels = more than 2 clusters , I am trying to make simple as possible . "GOOD LUCK TO EVERY ONE "
After our March low, we've rallied +140% off the lows and formed a huge ascending triangle. Given our bullish momentum, it's likely we continue upwards into the green zones highlighted around the $40 and $47 marks. RSI is not oversold and has been coiling, which shows signs of momentum heating up with plenty of room of run. If we break out from here, there is a...
Uber and Lyft seem ready to go up to the price level that they had before the virus. The Idea is to Buy Uber or Lyft, just wait the right time as Uber might start a retracement price. It seems that there might be more margin investing in Lyft as it should go up to close the gap with Uber (Uber is moving uptrend, while Lyft is moving sideways).
more potential the UBER stock going up if it's cross this resistance
Anything above 34 dollars is a gift to short at. I will keep adding if it goes above. I have some calls for a hedge. Good Luck. This is just advice, make your own trades.
UP channel to keep an eye on UBER stock
Trader, UBER completed this pattern at 32.69 and it did a fake breakout to the upside but then settled down under 32.69. It has been trying but so far the level has been acting as great resistance for it. Having said that, it still has potential to go up to 35.31. Lets see how it plays out. If you found this useful hit the like button, subscribe to my channel and...
Contextual immersion trading strategy idea. Uber Technologies, Inc. develops and operates proprietary technology applications primarily in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The share price rose after good earnings. I see some preconditions the share price will continue growing. The demand for shares...
✨ New charts every day ✨ Like, Comment & Follow to help the community grow 🎉🎉 --- Grubhub’s stock spiked today by almost 40% due to Uber’s offer to buy Grubhub. That offer is bullish, but the reality is Uber and GrubHub haven’t agreed on a price yet. It is very likely the market won’t be deciding the price based on FOMO, and instead Uber and GrubHub will decide...
Traders, UBER has started to move down a bit as it has completed a pattern just around cluster of moving averages too.
Checking back in with Uber this week since our last analysis. If you checked out or last posts we remember we've gone through the following with Uber: 1. Uber cofounder and former CEO Travis Kalanick has sold off all his remaining shares and left the company's board of directors. This ended up benefiting Uber stock price since Kalanick had been accounting for 7%...
✨ We provide charts every day ✨ Drop a requested Ticker in the comments and we will be sure to take a look ✔️ Like & Follow to help the community grow! 🎉🎉 --- Uber Rides got hammered from COVID, taking a $5 billion loss, but Uber Eats saw epic growth. While Uber says business slowly coming back now that the lockdown is gradually ending, the trend is still...
- Uber Shares break out from price consolidation after Eats Revenue increases buffers its $3 Billion Quarterly Loss - Stay at home orders gave an unprecedented 53% year-on-year revenue growth for the Eats Business. - Technically price has broken out of its down trending Pitchfork with a strong burst on the Connors RSI. Longer term momentum has been somewhat...
Our longer term holdings on UBER is slowly moving in the money but the thrust out of the Non-Limiting triangle should be approximately equal to the widest wave of the Triangle. Since market conditions are unusually strong (probably climatic) if the Expanding Triangle is drifting upward, Non-Limiting patterns is the Non-Limiting “thrust” will not terminate during...
Wait the right signal for a long term investment. Short Term - Hod it for now Technical analysis (daily chart) shows an overall bullish market against the fundamental (there is a global crisis and everything is still shut) Fundamental Analysis says: UBER will lay off 3700 employees 14% of the 26900 total employees - it can generate a bearish signal
NYSE:UBER Based on Technical, but mostly on fundamental analysis, Uber, for a short term analysis should go down. UBER has to face a lawsuit claiming its illegal predatory pricing and other anticompetitive practices killing competition, including the accusation of secretly booking and cancelling rides on competitors' app. Lyft keeps following UBER and Vice...
Uber successfully close below the 61.8 fib and rejected the long term trendline. I'll be targeting the $29 area.
Our longer term holdings on UBER is slowly moving in the money but the thrust out of the Non-Limiting triangle should be approximately equal to the widest wave of the Triangle. Since market conditions are unusually strong (probably climatic) if the Expanding Triangle is drifting upward, Non-Limiting patterns is the Non-Limiting “thrust” will not terminate during...