Looks like some bad news hit Uber again with UK drivers becoming "employees" not 1099 contractors. Also the change to reclassify the UK workers will mean that UBER will pay $300m in order to make this change & comply. I stay long and suggest buying between the levels I marked off. The CEO Dara Khosrowshahi has said that UBER eats has made this a completely...
the pull back to $48 never happened I did load up on more uber at $52 and I just love this giant inverted head & shoulders. I think UBER does v very well heading towards the end of 2021
We are in price discovery, dips are for buying. This stock could hit $200 plus in few months. LT super bullish here I buy and hold and dream.
We could see bay tumble to $50 from its All time high of $60.03 before picking up orders at $49.78 around the time of earnings for a bull rally back to the A.T.H’s. will keep this updated in the comments. Leave some comments below of your opinions and don’t forget to leave a thumbs up if you find this post helpful!
UBER - DROPPING 15% - 20% Lower - Watch Out!
Uber Found Its Oil In Business In The Second Half Of 2020 Back in the first quarter of the year, Uber suffered a loss of $2.94 billion. Then, it became known that they bought a food delivery service. By the end of the summer, Uber Eats had become the company's largest service, revenue in the second quarter more than doubled. Uber also won a license dispute in...
Very bearish outlook on Uber based on Wyckoff, Stochastic, and MACD. If valid, expect Uber to revisit prices under $30.
Very bearish signals: bearish divergence on Momentum, Stochastic, and MACD; MACD below signal line; and possible resistance at 10 DMA.
This 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...
In the near term, expect a correction that might dip as low as the bottom price target followed a consolidation centering on the higher target of $36. After Uber has finished its correction, expect it to target $60+. Basis for analysis Uber has finished or is finishing an Elliott Wave cycle Wave 1 following a leading diagonal structure. As depicted, the wave...
Following up with the NYSE:UBER stock movement, we might see a drop into the $36 or lower as a wave 2 correction (Zigzag Pattern). If this is the case it would be good opportunity to get in from there.
NYSE:UBER seems to be in the C leg of the ABC Zigzag wave (Circled). We might see a 5%+ drop this week.
An alien who abducted me during 2016’s US election cycle taught me this one trick to get rich quick in 2020. Then he probed me.
Leading diagonal up ended and price is correcting in a descending broadening wedge pattern. Should touch bottom line before continuing an uptrend. Also, notice that there has yet to be a significant spike in sell volume.
💰 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...
NYSE:UBER Pullback occurred next week gap will be filled and I marked the PT. Stay Tuned