Uber Technologies (NYSE: NYSE:UBER ) has announced its maiden $7 billion share buyback program, marking a pivotal moment for the tech giant. This strategic decision comes hot on the heels of Uber's remarkable rebound, showcasing its resilience and adaptability in the face of adversity. Following a tumultuous period induced by the pandemic, Uber ( NYSE:UBER ) has...
In the wake of Uber Technologies' (NYSE: NYSE:UBER ) latest earnings report, the ride-hailing giant continues to demonstrate its resilience and adaptability in the face of ongoing challenges. Despite concerns surrounding driver supply and market dynamics, Uber's fourth-quarter performance exceeded expectations, reflecting its ability to navigate turbulent waters...
Elliot wave analysis indicates that NYSE: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.
In a bold move reflecting Uber's commitment to a unified and streamlined delivery experience, the ride-hailing and food delivery giant announced the discontinuation of its alcohol delivery app, Drizly. The decision, effective January 16, 2024, forms part of a larger strategy to consolidate its various delivery services, ranging from food to groceries and alcohol,...
Key Takeaway 1. Uber is joining the S&P 500, according to an announcement late Friday. 2. The ride-hailing company generated positive earnings in the latest quarter and over $1 billion in profit in the last four periods. 3. Uber has a market cap of about $118 billion, while the median market cap of companies in the S&P 500 is just over $31 billion. Uber shares...
Uber Technologies Inc . (NYSE:UBER) is piloting a new service called Uber Tasks in select markets, aiming to expand beyond its core ride-sharing and food delivery services into the gig economy. The initiative, first reported today, is designed to offer more earning opportunities for Uber's six million drivers and couriers. The pilot program for Uber Tasks will...
With its earnings report out of the way, Uber stock is breaking out from a double bottom base pattern with a 49.19 buy point. On the stock market today, Uber shares are up 3.8% to 49.90 in recent action. Uber released earnings results Tuesday morning. Third-quarter earnings and fourth-quarter bookings guidance topped estimates. Revenue was short of expectations,...
Uber Technologies - 30d expiry - We look to Buy at 45.45 (stop at 42.95) Daily signals are bullish. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. We look to buy dips. The 50 day moving average should provide support at 45.20. Dip buying offers good risk/reward. Our profit...
Hello, according to my analysis of the uber stock, there is a good buying opportunity. The stock has broken the upward channel. We also notice that the arrow is in an ascending direction as shown by the patchwork tool. good luck for everbody
Here is a Macro break and retest weekly level with a Micro Bull flag below the 4h level showing us tomorrows move will most likely be bullish. Be cautious of bearish move/gap at open due to the high sell volume at close and be be patient for clear entry. Nothing is 100% in the markets.
Simple bull flag on UBER. Day trade and/or small Swing trade. Use a % stop loss or last 10m candle before breakout @ green line . Trim majority at high and let runners run afterwards. Should go 100%+ if contracts are within a week of expiration.
UBER on the 15-minute chart this week has printed a small bullish pennant pattern then continued into another larger print of the same pattern. The Price Volume Trend Oscillator went red to green as the initiation of this trend over the past two days. Trading volumes have pushed prices and are in the range of double the moving average. The zero-lag MACD...
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.
Claimed VMA on 3D chart +++ Hanging below confluence of 200DMA and VMA. Any futher tightening at these levels would set this up perfectly for breakout. ++ volume shelf 30 is already tested. Above, 45 will come fast. Still early, but showing great strength over the last few months in a terrible market condition. Must watch for next few months.
Looking at the UBER Uber Technologies options chain, i would buy the $31 strike price Calls with 2022-11-18 expiration date for about $0.63 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
Uber Technologies Short Term - We look to Buy at 25.07 (stop at 21.38) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. They reported better than expected earnings which is positive for sentiment. A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential...