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Ethereum (ETH/USD) Elliott Wave Analysis: Preparing for Wave 5In this analysis, we explore the Elliott Wave structure for Ethereum (ETH/USD), highlighting the potential price trajectory in the mid-term. The chart indicates that the market has likely completed Wave 3 and is now entering the corrective phase of Wave 4. Key support levels and possible reversal zones are identified, making this analysis highly valuable for traders. Key Highlights of the Analysis: Critical Support Levels: A strong support zone lies between $2865-$3022. It is expected that the price might find a temporary bottom here and initiate a rebound. Wave 4 Scenario: Wave 4 is typically characterized by complex corrections and sideways movements. This presents an excellent opportunity to plan long entries, especially if the price consolidates in the identified zone. Wave 5 Projection: After completing Wave 4, Wave 5 is anticipated to push prices toward $4550. This move could present significant profit potential for traders with a long-term perspective. Fibonacci and Timing Alignment: Using Fibonacci tools has enhanced the precision of this analysis, identifying key levels with high accuracy. Moreover, evaluating the timeframes of each wave provides deeper insights into the overall market structure. +++++++++++++++++++++++++++++++ Suggestions for Traders: In the short term, patience is key while the price approaches the support zone. Monitor price action carefully within this range. Once a confirmed reversal is observed, you can set up long positions targeting the top of Wave 5. Don’t forget to implement proper risk management, as Wave 4 corrections often involve unexpected movements. Save this analysis and feel free to share your thoughts or questions in the comments section. Don’t forget to follow me for more detailed analyses like this one!
BITFINEX:ETHUSDLong
by Mohammad_Mirdehghan
4
BULLISH REVERSAL SETUP SEEN IN HBL ENGINEERING LTD📊 StockTrade Setup Details Name: NSE:HBLENGINE HBL Engineering Ltd. Exchange: NSE (National Stock Exchange, India) 📈 Current Market Price (CMP): ₹527.85 💡 Key Levels: 🚀 Entry Point: ₹494.40 Buy when the price reaches this level (near support). ❌ Stop-Loss (SL): ₹472.25 Exit if the price drops below this level to minimize losses. 🏁 Take-Profit (TP) Levels: TP1: ₹518.65 🏆 (First conservative target). TP2: ₹594.40 🥈 (Moderate profit zone). TP3: ₹702.50 🥇 (Aggressive target for maximum gain). ⚖️ Risk-to-Reward Ratio (RRR): Risk: Entry to SL: ₹494.40 - ₹472.25 = ₹22.15 Reward: TP1: ₹24.25 ➡️ RRR ~ 1:1.1 TP2: ₹100.00 ➡️ RRR ~ 1:4.5 TP3: ₹208.10 ➡️ RRR ~ 1:9.4 📈 Technical Observations 📉 Trend Analysis: A sharp bearish move recently (large red candle). Anticipating a bullish reversal from the support zone. 🛠️ Support Levels: Zone: ₹472 – ₹494 SL is placed slightly below this zone for risk management. 📏 Resistance Levels: TP1: ₹518.65 TP2: ₹594.40 TP3: ₹702.50 Extended Target: ₹740.35 📊 Volume: Moderate to high volume shows active trading interest. 🔴Disclaimer: I am not a SEBI-registered advisor. Investments and securities are subject to market risk. Please Read carefully this idea.This analysis and the suggested levels are for educational purposes only Trade responsibly and at your own risk. If you find this analysis helpful, please like and share @Alpha_strike_trader
NSE:HBLENGINELong
by Alpha_strike_trader
A LONG-TERM INVESTMENT IN AMARA RAJA ENERGY MOBILITY LTD (ARE&M)A long-term investment opportunity in Amara Raja Energy Mobility Ltd (ARE&M), here's an analysis of the chart and a suggested approach: ☣️Key Insights: 1. Price Correction: The stock has seen a correction of 49%, making it an attractive level for long-term accumulation. 2. Strong Support Zone: Identified between ₹992–₹1,011. This is a critical area to monitor for stability and potential reversal. 3. ✅️Targets (TP): 🟢TP-1: ₹1,160.80 🟢TP-2: ₹1,363.90 🟢TP-3: ₹1,541.20 4. 🔴Stop Loss (SL): ₹941.00, to manage risks in case of further downside. 5. ✅️Entry Zone: Around ₹1,001.55, which aligns with the strong support levels. ⚪️Long-Term Outlook: Sector Potential: As ARE&M operates in the energy and mobility domain, it benefits from macro trends favoring renewable energy and electric mobility solutions. Recommendation: Accumulate near the support zone and hold for long-term targets. Monitor price action and adjust the strategy if the stock closes below ₹941. 🔴Disclaimer: I am not SEBI registered. This information is purely for educational purposes and not financial advice. The securities market is subject to market risks; please do your own research. Thanks😊 If you like this idea 👍Like,share,subscribe 👋@Alpha_strike_trader
NSE:ARE&MLong
by Alpha_strike_trader
1
A NEAR PSYCHOLOGICAL SUPPORT SEEN IN NSE: JBMA AUTO 🔸️A technical analysis of JBM Auto Ltd. (NSE: JBMA), outlining a long-term investment plan with an investment period of 3-5 months. Here's a breakdown of the levels and strategy: ✅️Entry Timing: Wait for the price to either approach ₹1,389 for an optimal entry or confirm an upward breakout. ☑️Entry: ₹1,389.10 🔴Stop Loss: ₹1,352.30 🔰Targets: 🟠TP1: ₹1,449.90 🟡TP2: ₹1,499.85 🔵TP3: ₹1,606.25 🟢TP4: ₹1,681.00 ♻️Holding Period: 3-5 months. 🚰Strategy: Buy near ₹1,389, use stop loss, and book profits gradually at targets. 🔴Disclaimer: I am not SEBI registered. This information is purely for educational purposes and not financial advice. The securities market is subject to market risks; please do your own research... If you like this idea like share amd subscribe @Alpha_strike_reader
NSE:JBMALong
by Alpha_strike_trader
A BULLISH TRADE SETUP FOR TCS BASED ON RESULT IMPACT:A BULLISH TRADE SETUP FOR NSE:TCS BASED ON RESULT IMPACT: If the price breaches the entry point (₹4,052.15): The trade becomes active, and the targets can be tracked. If the price breaks below the stop loss (₹3,951.05): The trade should be exited to avoid further losses. 1. 🔵ENTRY: ₹4,052.15 2. 🔴STOP LOSS: ₹3,951.05 (PROTECTION AGAINST DOWNSIDE) 3. TARGETS: 🟢TP1: ₹4,171.95 🟢TP2: ₹4,248.20 🟢TP3: ₹4,429.95 ANTICIPATION OF POSITIVE EARNINGS IS DRIVING THE SETUP. THE RISK-REWARD RATIO IS FAVORABLE (~1:3.7). MONITOR PRICE ACTION AND VOLUME FOR CONFIRMATION BEFORE ENTERING. Potential Actions: 🔴Disclaimer: I am not a SEBI-registered advisor. This analysis is for educational and informational purposes only and should not be considered as financial advice. Investments in the stock market are subject to market risks. Please do your own research or consult a SEBI-registered advisor before making any investment decisions.
NSE:TCSLong
by Alpha_strike_trader
Can Two Tech Giants Rewrite the Rules of Digital Commerce?In a bold strategic maneuver that has captivated the financial markets, eBay and Meta have forged an unprecedented partnership that transcends traditional e-commerce boundaries. The collaboration, which sent eBay's stock soaring by 11%, represents more than just a business alliance—it signals a fundamental shift in how digital marketplaces might operate. The timing of this partnership is particularly intriguing, coming in the wake of Meta's €798 million EU fine for alleged monopolistic practices. Rather than retreating, both companies have chosen to innovate, creating a model that could potentially satisfy regulatory concerns while expanding market opportunities. This adaptive response to regulatory challenges demonstrates how constraints can spark creative solutions in the tech industry. The markets have responded enthusiastically to this marriage of social commerce and traditional e-commerce, with analysts predicting significant growth potential. eBay's strategic positioning of its niche offerings—from collectibles to luxury goods—combined with Facebook's massive user base creates a unique value proposition that could reshape consumer behavior and expectations. As the partnership unfolds across the United States, Germany, and France, it may well serve as a blueprint for future digital commerce evolution, challenging our understanding of market boundaries and competitive dynamics in the digital age.
NASDAQ:EBAYLong
by UDIS_View
#bullish zone ''zomato signaling uptrend...( near support zone)investing idea Observations and Analysis for NSE:ZOMATO 1.Price Correction: Zomato has seen a 26% correction, primarily due to market volatility. The price is approaching a strong support zone between ₹240-₹244, which presents a potential buying opportunity for long-term investing. 2.Entry Strategy: Entry Zone: Wait for confirmation of price stability within ₹240-₹244 before entering a position. 🔴Stop-Loss: Set a strict stop-loss at ₹233.74 to minimize potential losses. 3.Target Levels: 🟢TP1: ₹255.55 🟢TP2: ₹262.90 🟢TP3: ₹279.10 🟢TP4: ₹286.45 4.Risk Management: Use proper position sizing and risk management as the market remains volatile. Ensure you do not risk more than you can afford to lose. 🟠Disclaimer:- I am not a SEBI-registered advisor. This analysis and the suggested levels are for educational purposes only. Please consult a professional financial advisor for personalized investment advice. Trade responsibly and at your own risk. If you find this analysis helpful, please like and share!
ZLong
by Alpha_strike_trader
Block (SQ): Preparing for a Breakout Year in 2025NYSE:SQ is shaping up to either become one of the top picks for 2025 or face a potentially challenging year ahead. From the monthly chart, NYSE:SQ has mostly traded between $100–$35 since its IPO in 2015. While the $35 level seems unlikely to be revisited anytime soon, the current focus is on reclaiming the Value Area High (VAH) at $100. Success here could trigger strong percentage gains over the next few months. We’re adopting a cautious approach, closely monitoring the chart. On the lower time frame, NYSE:SQ is sitting in a key support/resistance zone (highlighted as a yellow box). Ideally, we want to see a break above the Value Area Low (VAL) and the completion of a smaller 5-wave cycle, marking the end of wave (i). A bearish divergence on the RSI at this stage would add confluence. Following this, a pullback could provide the perfect entry point for a long position. At this time, we haven’t placed a limit order. A break below $55 would be a critical red flag, suggesting potential bearish developments, though this scenario seems unlikely without unexpected negative news.
NYSE:XYZLong
by freeguy_by_wmc
The Rapid Growing Malaysia Health Care SectorMalaysia’s healthcare landscape is entering a transformative phase, underpinned by a robust allocation of RM45.3 billion in the 2025 national budget—a 10% increase compared to 2024. This commitment, the second-largest budget allocation after education, underscores the government’s focus on addressing rising healthcare demands, including an ageing population, chronic diseases, and urban-rural healthcare gaps. The government’s strategic initiatives, including RM1.3 billion for hospital upgrades and RM300 million for dilapidated clinics in rural areas, highlight a push towards more efficient healthcare delivery. Fitch Solutions’ BMI predicts that Malaysia's healthcare expenditure will grow at an impressive compound annual growth rate (CAGR) of 8.7% from 2023 to 2028, outpacing previous estimates. This growth will be fuelled by increased demand for both public and private healthcare services, bolstered by initiatives such as outsourcing public patient care to 91 private hospitals and the gradual rollback of subsidies for higher-income individuals. The shift in subsidies is expected to drive affluent patients towards private healthcare, expanding opportunities for private healthcare providers. Private healthcare companies, especially those involved in preventive care and supplements, stand to benefit significantly from these trends. One notable player is Nasdaq-listed Agape ATP Corporation (ATPC), a leading healthcare supplement company in Malaysia. With Malaysia’s emphasis on chronic disease prevention and healthier lifestyles, Agape ATP is well-positioned to meet the rising demand for wellness products. The company’s established reputation and product range make it an attractive choice as the nation prioritises self-sufficiency in medical products and preventive healthcare. Moreover, the government’s New Industrial Master Plan 2030, aimed at strengthening domestic production of medical products, offers additional prospects for growth. By focusing on advanced diagnostic tools and in-vitro diagnostics, Malaysia is setting the stage for a more globally competitive healthcare ecosystem. As healthcare spending increases and demand for quality services rises, companies like Agape ATP are likely to see enhanced opportunities to expand and thrive. For investors, Malaysia’s growing healthcare sector and its well-aligned private players present a compelling case for long-term value.
NASDAQ:ATPCLong
by HASHInvests200
"HDFC Bank Swing Trade: Key Levels & 3-Month Investment Plan"A investment idea for HDFCBANK with a holding period of up to 3 months (till Q1). Here’s the analysis based on the marked levels: Key Levels and Strategy: 1. Entry Point: 1,719.00: Recommended entry level. 2. Take Profit (TP) Targets: TP 1: 1,778.55 TP 2: 1,818.70 TP 3: 1,906.55 (longer-term target). 3. Stop-Loss (SL) Levels: SL: 1,697.25 (first risk level, can act as minor support). Strict SL: 1,671.95 (final stop-loss level to limit risk). Observations: Risk-Reward: This strategy provides a well-defined risk-to-reward ratio, with three potential profit levels. Support Zone: The area around 1,697.25 - 1,671.95 is critical. It might act as strong support if the price drops further. Resistance Levels: 1,778.55: Could face selling pressure as it aligns with prior resistance. 1,818.70: A stronger resistance where bulls need momentum to break through. Recommendation: If the price moves to the entry level (1,719.00), ensure to set your stop-loss and gradually book profits at the mentioned TP levels. Reassess market conditions if it approaches strict SL (1,671.95) to avoid excessive losses. Disclaimer: "I'm not SEBI registered. Please take any trade at your own risk. Market securities are subject to market risks. This is for educational purposes only. Would you like further insights into technical indicators or additional strategies? Thank you! Subscribe and like @Alpha_strike_trader."
NSE:HDFCBANKLong
by Alpha_strike_trader
1
Walgreens Boots Alliance: Stability and Growth in the Healthcare1. Stable position in the healthcare sector Walgreens Boots Alliance is one of the leading pharmaceutical chains in the world. With a network of thousands of pharmacies and health centers, the company plays a key role in the provision of healthcare services, especially in the US and Europe. This makes it resilient to economic cycles, as healthcare is an indispensable part of life. 2. Dividends for shareholders Walgreens is known for regularly paying dividends to its shareholders, which makes it attractive to investors looking for passive income. The company is part of the so-called Dividend Aristocrats, which means that it has increased its dividends for decades. 3. Expansion in the field of digital healthcare Walgreens invests in technology and digital solutions to improve access to medicines and healthcare services. Online pharmacy and telemedicine platforms are part of their strategy for future development, which provides them with a competitive advantage. 4. Strategic Partnerships and Innovation The company has partnered with leading healthcare organizations and technologies such as VillageMD to create clinics in Walgreens stores. This improves access to healthcare services and increases revenue. 5. Revenue Diversification In addition to pharmacies, Walgreens also has a strong presence in the cosmetics and personal care sector through Boots, which diversifies revenue and makes it less dependent on one sector. 6. Opportunities at a lower stock valuation Walgreens shares have been under pressure in recent years due to macroeconomic factors and changes in the sector. This could represent a buying opportunity if an investor believes the company will recover and continue its growth. 7. Global Presence Walgreens has business operations in multiple countries, which provides access to different markets and reduces the risk of local economic shocks. Potential Risks: Competition from online giants such as Amazon entering the healthcare sector. Pressure on margins due to regulations in the pharmaceutical sector. It needs significant investments in innovation and modernization.
NASDAQ:WBALong
by ForexCompany
GOLD IS READY TO FLYIts Friday, I'm back with my new idea about gold, As you can see my previous setup, in which i put buy entry at the price of 2636 and gold hit our price and fly to the moon haha. You know gold has flown from the price of 2595 something. As you can see H4 has broke the level of 2648 and 2658. If price continuously respect the resistance, its possible to gold can reaches at our zone. If price breaks the resistance then i will back with new idea about GOLD. ENTRY POINT : 2636 at the area of RBS. STOP LOSS & TARGET : 2628 SL and TP will be 2690. Stay connect with me for more ideas. Stay tune for every update. PLEASE SHARE YOUR IDEAS ON THIS POST. WHAT IS YOUR IDEAS ABOUT GOLD??
FOREXCOM:XAUUSDLong
by Zayn_Muaath
Exxon Mobil (XOM): Preparing for a Q1 2025 SetupHeading into Q1 2025, we believe NYSE:XOM could present a promising buying opportunity, and we are preparing a setup to align with our bias. Since April, we have been closely monitoring Exxon Mobil, and the technical picture continues to gain clarity as the stock respects both the range middle and range high. The wave ((b)) overshot wave A by a significant margin but still within acceptable limits for a flat correction. Since the overshoot in early October, NYSE:XOM has seen a substantial decline—falling 17% over 75 days, a significant move for this stock. The primary driver behind this decline seems to be ongoing shareholder challenges. Over the last three years, Exxon Mobil has resisted calls for meaningful carbon emissions reductions, instead doubling down on traditional oil and gas operations. Legal action against shareholder activists pushing for emissions reduction targets has only added to the controversy, with proposed changes falling short of expectations. The shareholder concerns highlight a critical point: some voting patterns defy logic when aligned with long-term goals. Questions remain about whether Exxon Mobil should, or can, prepare for a carbon-neutral future. The widely publicized shareholder vote in 2021, which many hoped would lead to substantial changes, seems to have produced minimal practical outcomes. Despite these issues, we see potential for NYSE:XOM to resolve its challenges in the near future. From a technical standpoint, we observe a strong likelihood of a wave C drop into the $101–$92 range, which aligns with the 61.8%–78.6% Fibonacci retracement levels. This would be a key area to begin building a position.
NYSE:XOMLong
by freeguy_by_wmc
Ford (F): Struggling to Reclaim ResistanceFord was unable to flip its resistance and is now back trading near the support level, with the situation becoming increasingly precarious. NYSE:F has closely followed the Elliott wave count until recently, but now signs of weakness are emerging. If the $9.4 support level is lost, it will invalidate the previous wave count. Analysts remain pessimistic about Ford’s outlook due to persistent challenges. The company faces potential pricing pressures on internal combustion engine vehicles and continued struggles in the electric vehicle market amid an ongoing price war. Additionally, possible tariffs on imports from Canada and Mexico under Donald Trump’s policies could further complicate the situation. At this point, we do not see any compelling opportunities in the current market for $F. A long opportunity may arise only if Ford manages to reclaim the significant resistance level. Until then, the risk-to-reward ratio does not justify any immediate action.
NYSE:F
by freeguy_by_wmc
Ryde Group's Big News: Licence Renewal & Share Price SurgeThe following is the transcript of the main video: A new year gift from Ryde Group Limited (NYSE: RYDE)? For the followers of RYDE, the big news and rally is finally here. RYDE has officially renewed its ride-hail service operator, and carpool service licenses for another three years. This is a critical move that reinforces Ryde’s role as a leader in mobility, and quick commerce solutions in Singapore. Since its launch in 2014, Ryde has revolutionised the industry with its driver-first approach. Offering a 0% commission policy and unique benefits like a 1-day leave scheme, Ryde empowers drivers to earn more and live better. For riders, its advanced app delivers a seamless booking experience, AI-driven trip recommendations, and faster ride-matching. RYDE also champions sustainability, expanding its electric vehicle fleet to align with Singapore’s green initiatives. By embracing innovation, the company is shaping a smarter, eco-friendlier urban mobility landscape. Investors have taken notice too, on this news, RYDE’s share price has doubled, showcasing confidence in its innovative and sustainable vision for the future. As a fellow investor too, this is a great chance to join into the rally if you missed the bottom!
AMEX:RYDELong
by HASHInvests200
Tesla (TSLA): Profits Taken, Pullback AnticipatedWhat a rise by NASDAQ:TSLA ! The stock has now reached the targeted wave 3 zone, and we might see some asset rotation out of Tesla into underperforming stocks that could attract renewed attention and capital inflows. Many traders have booked significant profits on NASDAQ:TSLA , and larger players are likely to do the same in the coming sessions. As usual, our focus remains on building a new position during a pullback. We are targeting the 38.2%–50% Fibonacci retracement levels, which should provide sufficient support for another push higher, potentially toward $585 or more. A key level to watch is the old all-time high. Should bulls defend it effectively, waiting for an entry at $371.35 might leave us sidelined. However, we see no reason to force or rush an entry into NASDAQ:TSLA at the moment. Patience remains critical as we wait for the market to come to us.
NASDAQ:TSLALong
by freeguy_by_wmc
1
Ryde Group: A Temporary Downtrend Presents a Long-Term ChanceRyde Group Ltd (NYSE: RYDE), a leading mobility and quick commerce platform from Singapore, has recently experienced a downtrend in its share price. While this might raise concerns, the current dip is best seen as temporary market volatility, not a reflection of the company’s fundamentals. With its recent expansion to serve international travellers, Ryde is positioned for growth, making this an opportunity for forward-looking investors. On November 1, 2024, Ryde announced its app’s availability for international travellers visiting Singapore, tapping into the city-state's booming tourism industry. This move aligns with the growing demand for convenient and reliable transport services among tourists. The app’s real-time tracking features and global payment options are tailored for travellers, aiming to provide a seamless user experience. Ryde stands out in the competitive ride-hailing sector with its 0% commission policy, which benefits its driver-partners and ensures a high-quality rider experience. This commitment to safety and fairness continues to attract both users and drivers, strengthening its market position. The recent decline in Ryde’s share price does not align with its strong fundamentals and growth trajectory. The company’s strategic expansion into tourism, coupled with its innovative business model, positions it for significant revenue growth. Singapore’s rebounding tourism market provides a clear avenue for Ryde to capitalise on increased demand. For investors, the current dip offers a chance to invest in a company poised for long-term success. As its initiatives gain traction, Ryde’s share price is likely to reflect the underlying growth in its business. Conclusion Ryde Group’s recent share price movement is a short-term fluctuation that doesn’t capture the company’s growth potential. With a clear strategy to expand into tourism and a robust operational model, Ryde is positioned for sustainable success. Investors looking for value in the mobility sector should consider this a timely opportunity to enter before the stock rebounds.
AMEX:RYDELong
by HASHInvests200
Is the AI Revolution Built on a House of Cards?In the treacherous landscape of technological ambition, Nvidia emerges as a cautionary tale of unchecked corporate hubris and potentially unsustainable growth. What appeared to be an unstoppable technological juggernaut now reveals deep fissures in its seemingly impenetrable facade, with mounting challenges threatening to unravel its carefully constructed narrative of AI dominance. Specific challenges underscore this fragility: comments from Microsoft's Satya Nadella suggest a potential moderation in AI chip demand, while Alphabet's Sundar Pichai has highlighted that "the low-hanging fruit is gone" in AI model development. Beneath the glossy veneer of technological innovation lies a troubling reality of regulatory scrutiny and market volatility. Nvidia faces a perfect storm of challenges: a potential slowdown in AI chip demand, an aggressive antitrust investigation by Chinese regulators, and growing skepticism from industry leaders. The competition is intensifying, with Amazon developing its own Trainium AI chips, and Broadcom positioning itself to capture significant market share with custom AI chip solutions projected to reach $90 billion in the next three years. OpenAI co-founder Ilya Sutskever's stark statement that "we've achieved peak data" further undermines the narrative of unbridled AI growth. The broader implications are profound and deeply concerning. Nvidia's struggles represent a microcosm of the larger technological ecosystem—a world where innovation is increasingly constrained by geopolitical tensions, regulatory challenges, and the harsh economic realities of diminishing returns. Despite massive capital expenditures by tech giants—with Microsoft nearly doubling its spending to $20 billion and Meta increasing expenses by 36%—only 4% of US workers use AI daily. This stark disconnect between investment and actual utility exposes the potential fragility of Nvidia's market position, with analysts suggesting that 2024 may have been the peak in terms of percentage increase for AI-related infrastructure spending.
NASDAQ:NVDAShort
by UDIS_View
20% downside risk still persists MT ; Long term upside 100%- In the short term, NYSE:UBER price can go down to test $47 at 200 SMA on weekly timeframe. - This will present a solid opportunity to buyer Uber at an attractive valuation. Risks & Opportunities: - Many investors are selling it because of AV i.e waymo & robotaxi by tesla. - These AVs are not a risk for at least 3-5 years. On top of that, Uber is a global platform which allows one to use the same app in various countries. - AVs are capital intensive and will eat up lot of capital from Google & Tesla. It is not scalable beyond US where there's huge population like Asia or where the roads aren't good, traffic signs are confusing. Therefore, there will always be a demand for rideshare with an actual driver. - Rideshare with driver will always be cheaper to operate in countries where population is high & labour is cheap like south America, asia, south-east asia. It is capital light because car is of the cab driver whereas for AV, the car needs to be modified, infrastructure needs to be maintained, software updates, car maintainence etc can't compete with rideshare with human driver. - Uber is a "verb" for ride hailing and can be used as a benchmark for right pricing as local taxi drivers might dupe tourists. - CEO Dara is amazing and has turned Uber from a loss making company to a profit generating machine. His execution is top class. - I remember when Uber & Lyft used to trade hand in hand till 2022. But Dara's execution proved Uber to be a rideshare winner. - Uber should perform well even if we hit a recession because in a recession although there would be demand compression but the supply of drivers will increase ( gig economy ) so price paid to driver will decrease ( simple supply & demand ) which will lead to stabilization of margins. - People ain't stopping to buy food from uber eats as they are too lazy to cook and won't stop taking rides if they have to go from A to B. Plus, in a recession, people are likely to invest less in buying new car which can be seen from cooling down of auto industry despite several rate cuts. Disclaimer: - I'm nibbling Uber as it goes down and want to build this as my biggest position for a safe & asymmetrical returns of 60-100%+
NYSE:UBERShort
by bigbull037