amaarouf

amaarouf

Hello everyone, Here are some thoughts on UBER (I am long at 46.13): The very optimistic view is to bounce from the current position back into the channel. The MACD slightly supports this. A less optimistic view is to bounce from ~ 44.7 (Fib level 23.6) back into the channel. We might see moderate support at ~ 44.5 – 45.15. EMA200 (45.38) is broken. If we...