I can see some UBER going for a correction to 58-57 area. Based on my analysis of the current financial market, I believe we are going for a surprise. At least momentarily...
When there is FOMO and GREED and everyone wants a piece so they put all their monies and go long at the tops, what do you think usually happens? ;)
I can be wrong, but hey its a game of...
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,...
Fits the criteria of what I'm aiming for so I went long today after missing the breakout yesterday. Stock in an uptrend... i.e. 10 / 20 / 50 ema's are all sloping upwards, declining price volatility after a large move (price tightening) along with declining volume while consolidating after a big move.
One concerning note is the low trading volume during the...
daily looks like it topped.
long wick with a lot of volume.
if it breaks support intra-day at 61.48
there are a lot of gaps to fill below.
short term bearish but long-term bullish on elliot wave formation
Hello Traders, I am Hadi Karaali, Known as SNIPERS_FX
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Eyes on UBER, What's next!
As we can see price is clearly overall bullish trading inside this channel.
Meanwhile, price is sitting around our all-time high and a strong round number, lining up with our upper bound of this channel, which...
Hello everyone, thank you for taking time out of your day to read my analysis on $NYSE:UBER.
As you can see here on the daily chart, we are approaching a major supply zone. We are also very over-extended from the 200 EMA, extremely oversold, and it looks like the buying pressure on the MACD is slowing down. Now, all I would wait for is a big push (a strong...
Hello,
Uber still prides itself as the king of online transport booking in similar ways to taxis priding itself with over 19 million trips a day. Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its second quarter 2022 financial results on Tuesday, August 2, 2022.
Revenues continue to increase due to the easing of COVID...
Hi traders,
let's have a look at the UBER chart.
The price is now in the uptrend.
RSI is showing overbought conditions on the price.
We can wait until price reaches the resistance line and then take short position.
Entry price, target and stop loss for the short position are shown at the chart.
Uber is very expansive to many people.
Uber eats charges are crazy.
Still Uber stock is holding good.
Once recession hits, people will not order much of uber. Remember COVID times.
I think uber will be hit hard in the coming recession.
Cheers
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...
If you haven`t sold UBER here:
or bought the dip here:
Then analyzing the options chain and the chart patterns of UBER Technologies prior to the earnings report this week,
I would consider purchasing the 50usd strike price Calls with
an expiration date of 2023-12-15,
for a premium of approximately $1.84.
If these options prove to be profitable prior to the...
Ticker and Sector: This indicates the company and the sector it operates in. Sector performance can give insights into broader economic trends.
Earnings Release (ER) Date: The date on which companies report their earnings is critical for timing the analysis.
Beat/Miss Percentage: This represents the percentage of times a company's reported earnings have beaten...
Uber's stock market journey has been a rollercoaster of highs and lows over four and a half years. The stock reached a high of $64 in February 2021 but plummeted to $13 by March 2020.
During a challenging period from February 2021 to June 2022, the stock saw a 68% decline but found crucial support at $20. In January 2023, it crossed the significant daily 200...
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,...
