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Uberlong

UBER - Rising WedgeThis usually occurs when a security’s price has been rising over time The trend lines drawn above and below the price chart pattern can converge to help a trader or analyst anticipate a breakout reversal. While price can be out of either trend line, wedge patterns have a tendency to break in the opposite direction from the trend lines. Therefore, rising wedge patterns indicate the more likely potential of falling prices after a breakout of the lower trend line. Traders can make bearish trades after the breakout by selling the security short or using derivatives such as futures or options, depending on the security being charted. These trades would seek to profit on the potential that prices will fall. You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
NYSE:UBERShort
by Yuriy_Bishko
4
Uber: Coffee! Watch out for continuation.It's been exactly 1 year -to the day- since I published the last analysis, so here is to the anniversary . UBER saw a huge breakout after Weekly Lower Highs : After the breakout, on the smaller timeframe now, we're building a nice C&H pattern with potential for bull continuation. Fundamentals: Think about which companies got disproportionately punished by Covid, which under normal circumstances is a standard on your home screen? => As Chamath Palihapitiya put it nicely just recently: If you're not ready to invest in the companies on your home screen, then what else?
NYSE:UBERLong
by Edgy_
3
Uber Among UsMight be difficult for Uber fans to find this chart because I had to overlay Uber on a cryptocurrency chart to have the time scale include all days of the week. Target price ranges between $63 and $90, but $66 is highly probably based on wedge, EW, and Fib as shown in chart. Displayed in the chart is as follows: Wyckoff accumulation contained by a wedge having a pink top trend line and blue bottom trend line. Each of three touches to both trend lines is indicated by a pink or blue vertical line as appropriate. The green vertical line indicates when price high confirmed breakout above the wedge. Note: price close and low has yet to confirm breakout. Therefore, one could argue that Uber remains in accumulation. Elliott Wave leading diagonal wave 1 - bound by the orange channel, wave 2 - bound by the purple triangle, and part of a wave 3 that will likely be extended. So far, a lesser degree wave 1 and 2 have ended as well as a further lesser degree wave 1 and 2, indicated by the gold vertical line. Fibonacci levels based on price at beginning and end of wave 1 (13.71 and 38.78) Feel free to follow, like, and even donate TV cash!
BITSTAMP:XRPUSDLong
by Teklologist
Uber: Trick or TreatDon’t fall for Uber’s trick, instead play nice and wait for it’s Treat. Yesterday, Uber didn’t gain like most of the market did. Instead, Uber faked a close under 20 DMA but bounced upwards right at close. That bounce coincides with a long term trend line that had been acting as resistance but now appears to act as support. The pink vertical lines indicate bounces off the trend line by a high, low, open, or close price. If the trend line is valid support, then price could rally, slowly or quickly, to an ideal technical target price of $66. However, a more practical target price is closer to $54. Like, follow, and let’s see what happens.
NYSE:UBERLong
by Teklologist
44
😭 Sorry Guys... Kind Of Late On (UBER)💰 LET'S GET INTO SOME UBER ANALYSIS!💰 1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤ (Overall Market Sentiment) 🐻 Bearish - Man I wish I would of had checked this one on the daily chart about a week ago. Beautiful crossover Crossover ema dots played out. No worries, let's catch the new wave! - We are getting a red Crossover with an engulfing candle, this would good be a good short but we need to consider how close we are to support. I would rather look for the breakout on the 31.50 support to go short for most likely a 10-13% play to the next low. - We so have one previous touch at 31.50 and rebounded but not by much! Let's see how it holds up. If it did hold and compressing with a green Crossover we will go long based off of the fact we did have that recent support. - All 3 ema dots are firing red. Drop your chart below in the comments section and share with us what you think will happen next! ❤❤❤ Thanks for checking out our analysis! ✌😁✌ 🥇MLT | MAJOR LEAGUE TRADER
NYSE:UBER
by UnknownUnicorn2319099