UBER potential very strong new addition
UBER is at an extremely attractive setup here. We have hit a multi month trend line again, with a strong pullback to the golden fib. This company keeps growing in all important metrics. There is FUD with waymo and tesla. What people dont realize is waymo has a partnership with Uber already, and move is also partially owned by Uber. Uber provides over 8 billion rides per year, their network effect and aggregation is extremely valuable.
"In a digital network, value flows to the aggregator". Uber is the demand, many people cannot afford cars, people in cities prefer this product. Uber also has several company partnerships for longer term assistance. Uber is expanding in Latin America and Asia pacific. Gross bookings, total trips, and revenue continue to climb. This company will be a cash flowing machine once they turn on the switch. I am a very strong buyer here fundamentally, and TA wise.
My target is well over 100$ on the yearly
"In a digital network, value flows to the aggregator". Uber is the demand, many people cannot afford cars, people in cities prefer this product. Uber also has several company partnerships for longer term assistance. Uber is expanding in Latin America and Asia pacific. Gross bookings, total trips, and revenue continue to climb. This company will be a cash flowing machine once they turn on the switch. I am a very strong buyer here fundamentally, and TA wise.
My target is well over 100$ on the yearly
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