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,...
I must admit despite all the TA I have tried with this name, profit has eluded me because most upward action has bee around ER. I have tried not hold big positions into ER, but this name has proved me wrong last three times.
Bounced off of 60 VMA nicely an caught fire. another test of 45 or flag above would set this up nicely for 60.
despite sluggish...
The asset light model is best referenced by one that services a need like transportation allowing the user to benefit for the micro-service, no additional cost for the maintenance of the assets.
In today's economy when cost of car ownership, financing, insurance, etc the millennials are not buying cars, they are renting rides. Unfortunately there are limits to...
Uber is a San Francisco based company that provides a private car transportation service through a mobile application that connects passengers and drivers directly. Together with AirBnb he is considered one of the greatest representatives.
The hourly chart sees a new test of our emas with a easy positive price action.
Our #topSwing with a good entry area was already detected on the 15 minutes chart.
Entry: with price above 49.49
Volume: with volume greater than 38.8M
Target: 55.38 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 49.50, 46.56 gets you 2/1 Reward to Risk Ratio.
This LONG swing trade idea is not trade advice and is strictly...
Uber Technologies has consolidated for the last two months, but some traders may think it’s still driving higher.
The first pattern today’s chart is the basing pattern that began in August. UBER managed to remain above its July low, even as the broader market tested levels from June. That may reflect relative strength and indicate it’s under accumulation.
Second...
Uber has engaged in a long short battle
This chart shows the weekly candle chart of Uber Company's stocks from the end of 2020 to the present. The top to bottom golden section of February 2021 is superimposed in the figure. As shown in the figure, the lowest point of Uber's stock in June 2022 hit the top to bottom golden ratio at 3.272. The low point in May...
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
Buy idea on UBER as you see on the chart if only if we have the breakout with force the resistance line by a big green candle with a large green volume. But, in other hand, we will have a reversal trend if we have the breakout with force the vwap indicator and the support line by a big red candle with a large red volume.Thanks.
handler is setting up for a short with rejection above 44 levels at the same can be shaken down for accommodating a WHALE whod like a big position towards $100 levels'
either way for LEVERAGE players with 10x to 50x stake.. a wait and FIRE moves should provide a decent reward...
Finger on the trigger folks...
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.
🔹Rectangle formation produced a POSITIVE signal at the break through resistance at 29.76.
🔹The target price of 38.72 has been achieved, but the formation continues to indicate a consistent direction.
🔹In case of a NEGATIVE reaction, support at approximately 43.50.
🔹Technically POSITIVE for the medium long term.
Chart Pattern:
◦ DT: Double Top | BEARISH | 🔴
◦ DB:...
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: $UBER - Rising Trend Channel [MID-TERM]](https://s3.tradingview.com/r/r71kf4wQ_mid.png "$UBER - Rising Trend Channel [MID-TERM]")
