UBER Technical AnalysisPrices are moving inside a channel.
The idea is to hold. A very risky option is to go short for a short term investment before going long for a long term investment.
UBER trade ideas
Uber is still a buyThe stock only gave up the move from the last 2 days. On the weekly timeframe, the bulls just took made a statement. Lets' see if they follow through next week.
Uber going into earingsThe set up looks incredible for the next leg up. Might break past its ipo offering price on todays results
Uber to Spike past $35 on Earnings Revenue Beat - Bullish $UBERTechnicals on all time frames look good to spike up post earnings. Bears that don't know about $UBER eats are going to get crushed. Profit miss and revenue beat will take this back up to $38 by September.
$UBER Long Into earnings
Indicators all bullish and in reversal.
Volume increasing
reclaimed Moving average support
Fear of public transport may have helped the numbers
Potential upside $37.25
UBER 40????4th uber chart. double top filled and a support found. looking at an ER run up and honestly expecting uber eats to be their savior.
Uber Positive DivergenceThere is valid Positive Divergence in the 15 mins Chart for Uber.
Stop Loss at 29.72
Take Profit at 34.26
Be cautious because Uber is still on downtrend.
Uber the paradoxIt failed to break out of a rising wedge, then it failed to break out of an ascending triangle, and now it found support at 30$. With all intents and purposes the chart and indicators look really bad and set to go down further. The wildcard is the ER. The only reason I'm neutral. I can see them harping on their recent acquisition of grubhub and forecasting large future revenues which will affect overall sentiment. If they announce future acquisitions in the works it would be icing on the cake. Personally I'm not going to open a position until after ER and because it lands midweek I'd purchase a calendar spread to cut my call/put cost. like if you like so i can do more :)
Uber: Short to $23An alien who abducted me during 2016’s US election cycle taught me this one trick to get rich quick in 2020. Then he probed me.
UBER Short| 200MA| S/R Flip| Supply Zone| Range Support Evening Traders,
Today’s analysis –UBER- breaking range support bearish, the immediate target is the supply zone upon a valid bearish retest.
Points to consider,
- Macro trend bearish
- Range support S/R flip
- 200 MA resistance
- Oscillators below 50
- Volume below average
UBER’s macro trend has established consecutive lower highs, this helps determine the directional bias on the market being bearish.
Price action broke range support; a bearish retest of the level will solidify it as resistance, confirming an S/R Flip.
The 200 MA is a strong resistance that is in confluence with range support. This further solidifies the bearish bias on the market.
Volume is currently trading below average; an influx is likely at the test of the support zone, profit taking area.
Overall, in my opinion, a bearish retest of range support will allow for a short entry with defined risk. Discretion in accordance to price action must be used upon trade managemen
t.
What are your thoughts?
Thank you for following my work!
And remember,
“You will never find fulfillment trading the markets if you don't learn to appreciate and be satisfied with what you already have.”
― Yvan Byeajee
UBER: Buy under $25 Leading diagonal up ended and price is correcting in a descending broadening wedge pattern. Should touch bottom line before continuing an uptrend. Also, notice that there has yet to be a significant spike in sell volume.
Uber building support for a nice break out Uber has bounced twice off around 30.30 and today had really low volume. Could be close to breaking out.
Uber Long TradeHey everyone
Uber made it to a double bottom which brings a pretty decent chance for a long trade setup.
Entrance: just now
Stop: 30,40$
Much fun with that Trade!
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