Uber centerfold: Doesn’t get sexier than this

10 20 50 and 100 DMAs
BB
macd
gaps
volume

... all confirming a possible breakout above the long-term wedge pattern.

Please wine and dine her first, gentlemen.

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Time to buy!

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Sharing bc otherwise it could be difficult to find this chart.

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If you’re interested, published idea on bullish indicator.

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For anyone tracking my Uber ideas, Uber’s price reached my first target, and I expect a retracement to a price between $35 and $39. I don’t think the ~$39.5 retracement that happened after hours yesterday was enough, especially given, from what I’m tracking, that yesterday’s rally happened with low volume. After retracement, I’m targeting $68+.

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Potential trade setup based on Wyckoff Distribution.

If price dips below $46.38, consider opening a short targeting $37. If price dips further, target $34, then $30, then, finally, $25.

Teklologist

Related publications

Uber: Be long not wrong

by Teklologist

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