UBERUber (NYSE:UBER) is starting to show some strength with high volume upsides and closed back above its EMA200 on the 4H chart at 51.52. With no resistance between $52.4 and $56.13, a break above the $52.36 level can see the stock trade in the $55 area pretty soon. Have this on your watchlist.Longby SmoothJB0
UBER for a quick playJust looking at the chart for the past few days, UBER appears to carry its momentum into the next day followed by a few days of consolidation. Given the strong performance on Friday, this should continue to run into Tuesday. End of week contracts would start scaling out Wednesday afternoon, leaving a few risky runners for Thursday. More conservative traders should just exit on Tuesday. Just an idea. This is not financial advice. by Test_MonkeyUpdated 0
UBER - $74 by November / DecemberUber should break the yellow downtrend curve soon and follow trend up with the white curve towards top of the weekly channel. January 2022 $50 Calls look good here. Longby MarketMotion336
Uber To Test Highs After Earnings? Price is coiling and showing signs of accumulation Longby TradingMula336
Bullish on UberI can see movement in this chart. If it breaks the block you can see upward trend. Longby ProfessionalTrader876
Uber TechnologiesNot a fan of gap risk (especially long weekend in the US) but UBER is interesting here. I've been monitoring it for a few days, closely observing the pivot and whether it can hold. Also note the consolidation potentially looking to cease while the underlying indicators point to emerging strength. In addition, the Bank of America was out with an upgrade earlier this morning. Before it moves, these are my levels: Current: $51.27 Buy range: 51.05/51.30 Stop: $49.20 Target Range: $55.50/$56.80Longby LD_Perspectives116
The Bulls May Be Riding with UberOne by one, tech stocks have battled off their lows as investors return to growth names. It’s happened in Tesla, DoorDash, Roku and Advanced Micro Devices. Now Uber Technologies may be joining the club. The ride-sharing giant is doing all kinds of interesting things with its moving averages. First, it’s been holding support along its rising 200-day simple moving average (SMA). Next, UBER is trying to break resistance at its falling 50-day SMA. Third, its 8-day exponential moving average (EMA) just rose above the 21-day EMA. That, combined with the SMA activity, suggests longer-term bullishness is overcoming intermediate-term bearishness. Also consider the price action since UBER’s drop on May 6. The stock quickly rebounded and held the $48-49 support area that’s taken shape since late November. Turning to the weekly chart, we find that a bullish outside candle just formed: Finally, MACD has been accelerating for more than a month. TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.Longby TradeStation1113
UBER FormationAfter the development today, UBER looks like it's in an ascending triangles formation. Based on this only and without having looked at any fundamental aspects, I think UBER could go higher after a breakout. I would be cautious at the $53 and $55 if it does break.Longby Slackes1
UBER Price Action AnalysisI was looking at a trade today for a member of my social media. NYSE:UBER looks to have stalled at 52.35 which is right at the 50% Retracement of the recent down move. This if following a retracement of the last bull trend which was around the same zone as the IPO first weeks' price action highs. Price could in the short term retrace down to retest the 5/10/21 low but would remain bullish as long as that low holds. Breaking the 6/28/21 high would be a sign of a bullish breakout.Shortby norok7
UBER: Bullish Daily FlagThe price broke out from a bullish daily flag. In the coming days, we can see the price moving higher after this bullish momentum up to $59 Thank you and Good Luck!Longby KlejdiCuni202058
Uber breakout play week of 6/28UBER has of late been tradeing in a bastardized bull pennant/descending wedge down from its feburary highs. Its held descending support and resistance well enough with a break above the downtrend as well as horizontal support at 51.50. I intend to enter calls on a reterst of 51.50 and look for a break of 54.75 and finally 59, past 59 if it can make new highs meaning an eventual run to 68-70 is possible. A break and hold back into the pennant cancels the trade until the next break out.Longby Retard_Trader1
Weekly Outlook! 6/28 - 7/2Check out what stocks we are watching for the coming week! As well as a recap of last week's video! NASDAQ:BYND BYND we are looking for a breakout of consolidation that we've been seeing over the 200sma. Confirmation level is over $152 but can take anything with good strength over $149 NYSE:MA Looking for a nice breakout over the $380 level as we saw a nice long term trend support bounce last week! NYSE:UBER Uber has been consolidating over the 200sma over the past few weeks. We finally look ready to take another move up with a breakout over $52 NYSE:DIS DIS looks to be breaking trend resistance. This is a play we entered last week. We'll see a new short term uptrend confirmed if we can hold the $181 level this week! Long10:20by ThirtyninethParallelInvestment121292
UBER weeklyLooks ready to re-enter range between 52- 58. Could consider starting a position.by prymetrades0
UBER - LongUber looks ready to go after sweeping the range lows a few weeks ago. PT - 100 ThanksLongby fissh_Updated 1
uber long break and retest trend line plus 618 retracement rejection push to recent ATH Longby jordanxchristie0
SHORT | UBER | Intraday | Friday 6/11NYSE:UBER Possible Scenario: SHORT Evidence: Price Action TP: 47 TP2: 42 Call options, Strike 49$, 06/11/21 80%POSITION I * This is my idea and could be wrong 100%Shortby shksprUpdated 110
UBER is just not gaining traction. NYSE:UBERCertainly seems to be the case that we are going to drop some after completing quite a spectacular triangle. No impulse, and correction continues. Remember, this is not financial advice. You must do your own research and carefully make decisions for yourself by yourself. We love TA and do not provide individually tailored financial advice, or financial advice period. Now that aside, Fibonacci in crystal clear green and invalidation noted, as always, in red. Good luck out there.Shortby Rykin_Capital1
WHY YOU'RE WRONG ABOUT UBER. PUT AWAY YOUR "FIB" USE YOUR EYESAll, Sorry literally had to post this on all the garbage Uber charts I've seen. Drawing some insane fib downward channel BS. This took me literally 5 seconds to make on a monthly chart just to prove how horrible some of these Uber predictions are. Not only is it literally bouncing on the major trendline Uber has and will actually cause it to move up rather quickly (assuming the market is semi bullish or sideways). I don't need any special fib or forecast into 2080. It's really simple which is why I opened today instantly at market open June 18th $55 call options. It was extremely obvious, but man did people have some wacked out drawings showing it falling below some trend line. There is OBVIOUS trend support and OBVIOUS support sitting on opening highs which a confluence of support. This is going up unless the market tanks and breaks support in which you are NOT right about your garbage elliot wave theory, literally the market crashed through support. Wake up. Rule#1 the larger pattern ALWAYS prevails. Stop looking at some 10min chart talking about some fib or Elliot wave that you don't even know how to use for god sakes. Rule#2 Put away your garbage indicators and follow buyer and seller sentiment and THEN draw the pattern. Not force one into it. Longby DigitalDataUpdated 3311