UBER: Long but still risky
this is a quick update from previous linked post. the drop in the past 2 days presented an opportunity to improve break-even price - although the price action today and the momentum profile supports a case for "long" - i'd consider UBER to be risky until it moves beyond the safe zone on the chart - so watching closely.
the price targets are added to the chart - timeframe is to hold until Q4 and maybe beyond - if a breakout scenario is confirmed.
the price targets are added to the chart - timeframe is to hold until Q4 and maybe beyond - if a breakout scenario is confirmed.
Related publications
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.