The "UBER Files" The Uber Files, first leaked to The Guardian, consists of over 124,000 internal documents that show how UBER attempted to secretly gain support from politicians in Europe, including French president Emmanuel Macron when he was serving as the country’s economy minister, chancellor George Osborne and other ministers, for its aggressive global expansion.
The documents date between 2013 and 2017.
Despite the efforts, UBER is not a profitable company, yet its market cap is 43.868Bil.
If you haven`t shorted UBER here:
On this falling wedge bearish chart pattern i expect to see it go lower, to $13.80, before a technical rebound.
Looking forward to read your opinion about it.
Uber
Uber - Downgraded to WreckedUser Select isn't hooking so much these days.
Must be the propensity for Base.
Base Jumping at present seems to provide Uber
with an endless Downtrend.
Lyft.. ugh.
When both cut bonuses to Drivers, it was over.
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Uber Eats, death by 1000 drive-thrus.
All good, Robo Taxis are the primary focus of every
Auto Manu on the Planet.
Even Apple, which remains a software-only iCar Cult
conveyance.
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Giga Texas / Berlin Dumpster Fires continue to rage
unimpeded.
Even Eron admits - BK is the stark reality.
Buy the Transpo Dip?
No.
UBER - Active pattern is still pushing price down
Downward push from the key supply levels is relentless. despite good ER, rejected VWMA and down to the recent low.
I H&S pattern is emerging on the daily, if it loses 34 again, 29 is next.
short is still the path of least resistance, but I'd be vigilant if I was too deep. 34 holds and it bases above for a bit, test of VWMA around 40 and the breakout is on the cards.
neat falling wedge makes this a very attractive pattern.
UBER To Test Pandemic LowsIn this update we review the recent price action in UBER and identify the next high probability trading opportunities and price objectives to target
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$UBER Analysis, Key Levels, & Targets… $UBER Analysis, Key Levels, & Targets…
I’m not going to lie… this is NOT the most beautiful chart in the world… but I’m interested in buying UBER at these levels…
Uber has taken over an entire industry and keeps expanding into new opportunities to generate revenue… This is on my list for no matter what happens…. I feel like this is a company that will be around in 50 years… I sold 21 puts for this week...
I want to hear your ideas and, also, what stocks are you guys seeing that are at interesting levels…. I’m really starting to get bullish on a lot of things. Yes… lots of companies will and are going under, but what do you think will stay??
Best of luck and have fun, y’all…
Lyft: You Gotta Know When to Fold'EmBear Market for Lyft started on November 26, 2021. How do I know? I simply look at the chart. If you heed my advice and exited at that time, you would have lost 50% less than if you exited today.
Trust the charts!
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How to understand price action.
It is very easy to read price action if you have a reference point. These support/resistance lines are there to help you read where the buyers and sellers are likely to make a stand.
You can also think of these indicators as moving pivot points .
MasterChartsTrading Price Action Indicators show good price levels to enter or exit a trade.
The Blue indicator line serves as a Bullish Trend setter.
If your instrument closes above the Blue line, we think about going Long (buying).
For commodities and Forex, when your trading instrument closes below the Red line, we think about Shorting (selling).
For Stocks, I prefer to use the Yellow line as my Bearish Trend setter (on Daily charts ). A stock has to close below the Yellow line first, then rally towards the Red line and top out there. This is where I would short it.
UBER Strong Support AreaIf you haven`t sold UBER on this bearish call:
Then you should know that even if they released an extremely bullish guidance for Q2, higher than the estimates, it could face the same problems as LYFT, spend more on driver incentives, and they won`t deliver the expected results.
My price target is the $26.50 support.
Looking forward to read your opinion about it.
Uber Turning the Corner?UBER looking good here. Down 46% off ATH in early 2021. Uber has seen a slow bleed over the last year, as opposed to the more dramatic, precipitous fall of many other stocks. Price appears to be finding support at a historically active Demand Zone. Support appears to be building on the Daily chart. I'm interested at these prices but I'm expecting some more sideways chop before UBER can break resistance.
-Mercury
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These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to Comment and I'll try and get back to you quickly.
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Uber recovering. UBERGoals 0.56, 0.49. Invalidation at 0.89.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
UBER: Sell Zone is 39-41Uber's 5-wave move off the low appears to be taking the form of a leading diagonal. W-5 within this larger degree W-1 should top around the $39-41 region near the end of April/Early May. After that, UBER should pull back to about the 31-33 region before beginning its W-3. Sell in May and Go Away
UBER Long & Short Side Set UpsIn this update we review the recent price action in UBER and identify the next high probability trading opportunities and price objectives to target.
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