UBER - Small Bullish Play Potential
This is not a great stock or a great company at the moment, but the stock may have bottomed for a period of time & seems to be trying to get out of an oversold condition.
For those willing, I have three potential price targets but I am not expecting a great bullish breakout, just a bit of a bounce unless the stock proves us otherwise.
For those willing, I have three potential price targets but I am not expecting a great bullish breakout, just a bit of a bounce unless the stock proves us otherwise.
Trade closed: target reached
Price rose to move through my initial two price targets. Once the daily candle was going to close red I closed the position & took profits. Like I said I wasn't expecting a large move, the price may still continue higher but I don't want to be greedy.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.