UBER- Bullish Ascending Channel
Uber : Bounced back from touching the Channel lower handle.
Bullish as long as with in the channel.
UBERD trade ideas
#UBER double top on resistance www.tradingview.com
NYSE:UBER
-Double top
-200 MA above 50 MA
-Downtrend
-Dow
Uber short term bullish. UBERIndeed. Have a look.
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!
Rising wedge on uberGap to fill also at 40 dollar range, im thinking its possible it could fill that gap, when it breaks down out of the rising wedge
$UBER Retaking the 30 Wk MAI like to make trades when a stock that has pulled back retakes and holds the 30 week MA. This is a weekly chart and as you can see we are in week 3 of holding that 30 MA. This is still a high risk trade but risk is easily defined as I'll use a close below the 30 week MA as my stop. Ideas, not investing / trading advice.
Uber 10/18 Analysis UBER: Elliot Wave 5 Still Intact - High Watch
Had A Nice Little Retracement Last Week & Bounced Perfectly Where It Needed To In Order To Keep Wave 5 Valid. Looks Great On Larger Timeframes; Weekly & Stochastic Bullish, Smaller Timeframes 2HR & Under Leaning Bearish As Long As 46 Holds We're Good To Go For Next Leg Higher! We Have A Demand Zone Between 47.30 - 47.05 - BTD If We Find Support Around These Regions! Be Aware Of The Multiple Supply Zones Between 49.50 - 50.80 - Large Choppy Region.
Uber on his way to change the trend in daily to became bullishUber has a good configuration to change the bearish trend, but we need to wait next week to see :
Prices : As we can see the first tentative to cross the cloud by the price was failed, and now we wait for the second one: resistance at 45.60.
The chinkou is bullish but we need to wait until he cross the cloud (it s possible because the cloud is titled)
Tenken has crossed the kijun (which is a good signal) , the confirmation can happened when he break the resistance at 45.6
The last candle is a good reversal signal
Uber : Wait for a moment to buyIn daily the trend is still bearish but there are goods signs to change this trend.but for me it is not yet a moment to buy and I suggest to wait for the breaking by the price the SSB (46,26) and the chinkou cross the cloud
Uber AnalysisUber looks to have broken out of it falling wedge that had been developing on the weekly chart. The MACD has made a cross signaling a possible upward trend getting ready to take place. RSI made a complete retracement but did not completely reach the oversold boundary before beginning its way back up. Uber is signaling that it may be making a new trend to previous highs or break higher.
UBER - LongBuying UBER calls tomorrow - Nov 7 if conditions still right. Ideally will be looking for an entry on 5M timeframe.
Ascending wedge... *Not financial advice, just an idea.
Ascending wedge, breakout expected, 1,2,3 is the lucky charm
Gap Fill IncomingBecoming overbought in the daily and weekly.
I'll hang back for a retest of the resent low.
This is my opinion.
UBER ON GOOD RALLYGood Volume number on D1
Price respect trendline on D1
Current touched trendline
break and retest
UBER breaking outUBER looks strong at this point
Made a bullish flag on the daily chart, hold well through red overall market
Weekly chart: breaking out from the wedge
MACD, RSI - positive
Volume is slightly above average
Target: 60
Stop loss: 43.70
UBER generational opportunityUber is today at the same price level prior to the crash of March 2020. Incentives to drivers pressures last quarterly results, but in September unemployment benefitis will end. Along with this, the sustained growth of Uber Eats, make this a unique opportunity. Just picking up this year's highs is 45% upside, with short-term risks but strong support so far.
strategy for UBER Wednesday 09/29/2021(UBER buy price 47.60)
(UBER sell price 45.60)
strategy: uber with reversal pattern we only enter to buy when it touches the buy price, not to anticipate the entry above the closing price. with wide movement up to mv 200 daily shart.
bearish entry: in this case if the open is below the sell price, uber will be within a divergence 5mn bearish 15mn bullish anyway we have to wait for it to retest towards mv 9 or 10 period on the 5mn chart.
UBER Bearish ABCD Currently watchin UBER, I am aware that an ABCD pattern could not play out but its my educated guess.
I did two scenarios even though we could have others, fist scenario would be:
.5 fib to 2 fib levels which is label in orange
the next scenario
.618 fib to 1.618 fib levels which are label in white
Could be a long play and just waiting confirmation
UBER - Accumulation and wedge breakoutAccumulation and wedge breakouts:
Solid value zone around $40 but be sure to take profits into the VPOC. This could become a monthly bull flag, no harm in holding some for the longer term oriented.
Follow for AVD intraday analysis!
UBER Can Ride To On Bullish Reversal (M Patterns Formed)Traders,
Uber has been falling down and has not completed an M pattern. There is an extended version of the M pattern available below where we have better FCP Buy Zone. If the upper FCP (Fibonacci Confluence Zone) gives a breakout we can initiate a position and if and when it comes down to the lower FCP zone we can add the position.
Targets are market in white horizontal lines.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
UBER [LONG] A lot of great indicators firing for UBER on the daily and weekly.
Looks a great LONG entry, with divergences, support and heavily oversold levels.
As always prepared for further downside if it comes.
** NOT Financial or Investing advice **
Analyzing My Part Time Employer - UBERNYSE:UBER
Is a great way to make money part time, especially if you can do it to invest that money in to the market.
Why do I do Uber?
That's simple... I do not trade with money I cannot afford to lose. I love investing but I also love paying my debts. Unlike China... ok that was pretty weak.
Anyway... This demonstrates buying the wrong break out and what can happen if you are caught in that zone. The strength looks good with a massive upside especially in an economy where work culture is beginning to shift dramatically and the gig economy is becoming more of a household choice rather than a regular side job.
I am long on $UBER as long as regulations stay in favor of the gig economy, but is imperative that we break above our upper wedge resistance for a more sustained breakout move.
