$UBER with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $UBER after a Negative Under reaction following its earnings release placing the stock in drift D.
UBER trade ideas
UBER Selloff leads towards 20$ Uber selloff leadus towards 20$.SellOff accelerate after support line broken and it may take us towards 15$.
UBER Might See More Downsides UBER has provided us with a nice curved trend line (in white) with the last touch going to be aligned with 2.618 which is comparable to a previous drop in 2020
Interesting daily chart
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 looks vulnerable after LYFT last night. Big UBER support level needs to hold. LYFT got hammered so is the bad news now priced in? Anything positive should see a bounce for LYFT. I have just bought some LYFT for a quick bounce but remain bearish longer term. $UBER $LYFT
$UBER on 15min Potential CUP and Handle Pattern in extended$UBER on 15min Potential CUP and Handle Pattern in extended
Please note: Earnings May 4th
What are your thoughts?
Thanks,
Kelly
Beginning of an End - E.3This is not what you invest on for long-term (not even short-term).
"Gas" price and people returning to "restaurants" left no future for Uber, the chart proves.
Outside-inside bar setup on UBEROutside-inside is a great sign of consolidation leading up to a big move. I think we could see a move to the upside because the price that UBER is currently at is in a prior demand zone.
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.
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$UBER 2-1-2U triggered on the weekMight find some resistance at the daily targets, but this is a good swing to 36.88. I like next week contracts if it stays in force. #thestrat #uber
UBERThis chart is quite meaningless to say the least.. all I'm here to post is that I believe Uber sub 35 is a buy at all levels ! To the long side.
#UBER fib leveles #UBER so if the fib levels are correct from our most recent swing low we wicked that .768 level and bounced off for a potential short term opportunity for calls to the upside at the 34, 35, 36 strike as there is a huge level at 37.50, looking at some flow data 35 strike for the 20th of may has 67 thousand OI sitting on it now 40 has 41 thousand both of which are interesting to me. looks like most short dated contracts are looking at that May 20th date or the Jan 2023
$UBER going to go up for a bitAll indicators are showing a bullish rounding price action incoming. The price is following the predictive 21HMA perfectly, there is well defined rounding in the early onset trend. Everything looks to be bullish for the next few days. And it could just be that.
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 Inc Fractal MapThis is why I use log. The percentage change will be always the same for the same length of trend. Easier to hunt down the real turning points.
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.
will the trend channel hold or break? lets wait and seeUBER in this little trend channel, if it doesn't break trend support it can rally to 39.08-44.24
a break below trend support will send it to 32.74-29.78
UBER is bullish after breaking 4 month trend lineUBER is breaking RSI resistance trend line. The trend line was strong and formed in September 2021 with the length of 124 daily candles. After getting confirmation, the price can reach $45.0 after a long downside trend.
will UBER finally drive through trend resistance? ;) saw a perfect bounce off trend support! congrats to longs that added there :)
with a bullish SPY I predict we could finally see trend resistance breakout! Targets are 38.42-43.49-48.57
UBER upsideupside targets for uber, not the best business model, theyre bleeding money, i doubt theyll overcome that. but if momentum pushes these are target areas
UBER: Weekly Morning Star Doji Within a Falling WedgeUber right now is at the bottom half of a Falling Wedge and has printed a Weekly Bullish Engulfing Candle against a Morning Star Doji at a Horizontal Support and at RSI Support and looks like it's preparing to begin a new major move back up from here.
