UBER trade ideas
UBER long ?NYSE:UBER crossed back above the 50% retracement of the downtrend after consolidating for 20 days and might indicate a reversal if the market continues higher.
Another set of fibs traced from the bottom of the bounce to consolidation zone projects the first target at 32.45 and second at 37.54
A reasonable stop would be set below the support of consolidation at 26.40
3 possible scenarios :
Breakout with no retracement: price hits the first then the second target
Breakout with retracement: price hits the first target, retest the breakout line and continues higher to hit the second target
False Breakout: price reverses back and breaks consolidation support
UBER Longer Term holdings moving ITM Our longer term holdings on UBER is slowly moving in the money but the thrust out of the Non-Limiting triangle should be approximately equal to the widest wave of the Triangle. Since market conditions are unusually strong (probably climatic) if the Expanding Triangle is drifting upward, Non-Limiting patterns is the Non-Limiting “thrust” will not terminate during the time period occupied by the apex point.
UBER BreakoutChart is self-explanatory. Basically follows roadmap from my MRNA idea up to the resistance drawn.
Uber breakoutUber price action upwards towards 200 EMA, 2 bull flags, breakout from resistance... Going long before earnings. 1:3 to 1:6 ratio to next upper resistance at $40.
UBER - FINALLY! We have a possible play!!!Ticker:
$UBER
Notes:
UBER has finally got above and closed above the resistance level that has been in play for a looooong while!
xeenos trading - sending positive energy to all those watching
more potential the UBER stock going up I consider the UBER stock for buying this week with more potential going up
$UBER $33 target
Nice recovery from deep selloff.
Market weakness hit just as the stock was overbought so compounded the selling.
Nice Moving average support, HAVING BROKE THE THE 50MA, 100 &200 MA'S NEXT RESISTANCE
MACd and Histogram bullish.
PLEASE DROP A LIKE IF THIS HELPS, THANKS.
Uber Strong Buy SignalMy custom "triple trend" indicators test positive growth for Uber. Explosive growth likely on Monday.
Uber strong potential for a bullish trend to reach 32.26$The next potential target for Uber is at 32.26$ when the price crosses 29.52$ resistance with a strong volume. Stop loss at 21.65$.
