UBER is about to make a large movement.
I don’t usually operate on 1h candles, but with Uber we don’t have much history to look at. In the three weeks since its IPO, Uber has been surprisingly boring to watch. This is mostly due to the unfortunate timing of its launch. In the week of Uber’s IPO the market experienced its highest volatility since the Christmas...
NYSE:UBERTechnically speaking UBER has been trading with a more positive than negative bias since its inception.
There are many risks for this company going forward and for that reason we would like to explore options trades that benefit in prices dropping. (or even rising)
I have designed this trade to benefit more from a plunge (40% or more) in UBER's...
Independent contractors as drivers who are disenchanted because they can't make money, why? because there is a saturation point of drivers on the road which has been surpassed long ago.
Govt. regulations.
No clear path on how to MAKE money because if they did have a clear path, they would have implemented it.
Now, some saying it should change it's model and...
Not financial advice. I’m not a financial advisor. I’m learning to trade. LEARN TO TRADE.
100% risk. 100% shot in the dark. 25% trade max. Not enough history on this chart, 1 month old.
Target of $53+ by June 27th if there is a chart pattern. “Good luck trading”
Anybody shorting #Uber tech.
I have not heard or read anything positive on the company so decided to be on the short side.
I see this trend judging by the chart.
Anybody has same views?
The charting is difficult for the fledglings, but all of the same. The volume has dropped off a cliff at a new high. Generally not a good sign. I like the service, but it makes no money.
Uber is in an ascending triangle chart pattern - bullish bias trade
Buy on daily close above 45.00
Use full-size position only if volume
breakout candle is at least average.
Otherwise, use 1/2 size as long as volume
is at least 75% of average.
Find your own SL & TPText
We are doing a live triangle trading class on our TTT Strategy June 25th @ 2PM ET! If you are...
Looking for Uber to push higher to the top of this range it's currently defining. New indicator I'm using here and there shows a bottom detected earlier today and some strength on the intraday at close.
Hoping we push above the Green line and on to $45.30 area. Still enjoying Uber price movement, IPOs are hard to predict but IP and Ubers expansion into other...
Not financial advice. I’m not a financial advisor. I’m learning to trade. Learn to trade!
Still on course for a possible breakout of a possible ASC TRI
UBER is looking like its about to breakout of its ascending triangle pattern. It has now tested the $45 range four times. It may bounce around within the triangle a bit, but once it breaks i'm looking for a profit target at $48. This is about $3 breakout which is 1/3 of the range it has been when forming the ascending triangle.
Uber Technologies, Inc provides a platform that allows users to access transportation and food ordering services. The Company operates through two segments: Core Platform and Other Bets. The Core Platform segment consists of Ridesharing and Uber Eats. The Other bets segment consists of Uber Freight and New Mobility platforms. Ridesharing refers to products that connects consumers with drivers who provide rides in a variety of vehicles, such as cars, auto rickshaws, motorbikes, minibuses and taxis. Its Uber Eats platform allows consumers to search for and discover local restaurants and order meals through online. Its Freight platform creates a transparent and on-demand marketplace that connects shippers and carriers. New Mobility product that provide consumers with access to rides through a variety of modes, including dockless e-bikes and e-scooters.
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UBER
