decision zonei really like the short setting up...i want to see some buying from the gap down THEN i want that gap from 02AUG to fill
UBERB trade ideas
UBER daily bearish hammerUBER daily bearish hammer end of wave 5 increasing volume. Stop loss above local highs, take profit to the local bottom.
$UBER with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $UBER after a Positive Under reaction following its earnings release placing the stock in drift A.
UBER: A bullish reversal pattern! Will it REVERSE?• UBER is reacting today, however, this reaction alone is not good enough to characterize a true bullish reversal;
• Today it is doing a Piercing Line candlestick pattern just above the previous support at $27.10 (black line) – a bullish reversal structure;
• Although this is a decent reaction, it seems it is too soon to tell if this reaction will last long enough. As far as I know, the trend is still bearish, and UBER is heading to fill the last gap at $24.62;
• In addition, UBER did a Double Top chart pattern at $33.78, which indicates more sell-off in the mid-term;
• Could UBER perform a better reversal sign? Yes, but it must not frustrate this Piercing Line candlestick pattern (meaning, it must not lose yesterday’s low at $26), and it must close above the $27.69 (dotted line);
• Why above the $27.69? By doing this, it’ll frustrate the Double Top chart pattern I mentioned above. This point is the previous bottom seen on September/August and the trigger point of this Double Top;
• Only if UBER does both things I’ll see a recover to the $33 again (mid-term). The volume must increase as well, as it has been quite low recently.
I’ll keep you guys updated on this. Remember to follow me for more analysis like this! Keep in touch.
Beginning of an End (Update on Uber 3)Uber is at the peak of driver's dissatisfaction. Will bribery rescue it once again? No.
It is beside the company's debts and cyber security weakness.
It got no future...
Selling Uber Swing low.Uber Technologies - Short Term - We look to Sell a break of 27.59 (stop at 29.51)
Daily signals are bearish.
A Doji style candle has been posted from the high.
The primary trend remains bearish.
The previous swing low is located at 27.69.
Daily pivot is at 27.69.
A break of 27.69 is needed to confirm follow through negative momentum.
Buying at the start of the week has stalled and prices are reversing.
Our profit targets will be 23.11 and 21.11
Resistance: 33.00 / 35.00 / 37.00
Support: 30.00 / 28.00 / 25.00
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UBER Technologies weekly analysisHello ladies and gentelmen, according to my graphical analysis of UBER Technologies, there is a high probability of a increase towards in the few weeks!
CypherBearish Cypher
EPS (FWD)
-4.63
PE
-
Div Rate (FWD)
-
Yield (FWD)
-
Short Interest
3.12%
Market Cap
$59.69B
No recommendation
UBER is going to FLY!UBER has broken the trend line resistance and is moving up. Formation of CUP & Handle on daily supports the long case for Uber.
Entry - 32.50
SL - 27.60
TP - 41
Disclaimer: Not a financial advise. Do your own due diligence.
Uber Uber looks great. Possible cup and handle. Handl has been formed and pushed to the upside. Next confirmation is the test of 33$ and claim as support. This would target a nice bullish breakout. Would need to see a few days holding above 33.40
Sudden move expectedUber is about to break out of its channel on the weekly chart.
The price is sitting close to its all-time Point of Control (POC).
In general, when a stock is at the POC, a rapid move tends to follow.
Moreover, if the price reaches the upper trend line again, it will be the sixth touch.
Stocks usually break out on the fourth touch.
Considering these facts and that the RSI is in the middle range, plus that the market is highly volatile, a big move is expected (up or down).
This could be a breakout to the upside, or it could be a false breakout if the overall market sells off again.
A market seloff would lead to a rapid downward move.
Here's how I play it.
I play the 21. Oct. 22-32.5 straddle (32.5 call, 32.5 put).
So I can benefit from a sudden shift in either direction.
Resistance: 32.64, 38.63, 46.94
Support: 29.86, 23.23
PS.
You can also spot an inverse "Head and Shoulders" pattern, which is also bullish.
Gap Below PriceThe top of the prior gap down could provide support, even if just temporary.
A Thrusting candle right now which can signal the continuation of a prior trend which is down right now.
If this candle body gets above the mid line of the red candle from Friday, it would be a Piercing candle which is bullish and could mean possibly some upside to come even if not a huge move.
The candle body is not quite to the midline but is close, but right this second it is a thrusting candle.
No recommendation.
Bearish Cypher pattern.
Tested Support, Coming back up to Resistance$UBER tested the weekly Support, its on it's way back up to Resistance. We'll see if it consolidates more or if it heads up further.
$UBER GAP FILL INCOMING?UBER rejected at the 200MA and continues to fall. With the FED meeting Friday I expected a GAP fill coming to the downside. Target 24.75
$UBER: IS THE BULL RALLY OVER? 🔸️Ticker Symbol: $UBER 🔸️Timeframe: 4 Hour 🔸️Investment Stratey: Short
TECHNICAL ANALYSIS: UBER is testing the top deviation level on our regression trend and starting to make a move lower. On the bottom dashboard you can tell we have divergence. Our white line which represents "Money movement" is making a lower high as the price action above is doing the opposite. This will typically mean a selloff is coming. If we continue in this pattern UBER stock could potentially see sub $30
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Buy or Sell ?Uber's strategy to make profit:
1. Charging customers for subscription.
2. Cheating on restaurants more than ever.
3. Reducing the payment to drivers.
And the result of this "smart strategy" is dissatisfying everybody, and ultimately loosing the market!
Capture this image and see me at the end of the year...
SELLUber has reached to high volume area+ MA 200 acting as a resistance as well and resistance trend line.
Over bought MFI+RSI.
Huge gap bellow to be filled.
Good R:R
UBER SELL+Will be looking to start a short position on UBER as it's overbought here and gone a bit too far too fast. Bear market rallies sucker everyone in to thinking(incorrectly) the bottom is in. We are no where near a bottom!
Next Earning...?!How much do you expect it to be at the next E event? No where above $30!
Uber has strong tendency in moving downward; despite CEO's plan "focusing on profitability", they are loosing customers, and drivers are leaving them.
NOT REALLY recommended for long term view.
UBER 30 Day LookoutDaily Candle Prediction
I think you saw the high for a minute on UBER. I think it is going to come down amd fill the gap before it catches itself on the next meaningful uptrend. I think the next uptrend is going to have some momentum going forward.
I would look at $26 / buy in for a good support level
This is not financial advice, I have never been trained to do this
