UBER trade ideas
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 $33 target
Nice recovery from deep selloff.
Market weakness hit just as the stock was overbought so compounded the selling.
Nice Moving average support, HAVING BROKE THE THE 50MA, 100 &200 MA'S NEXT RESISTANCE
MACd and Histogram bullish.
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Uber Strong Buy SignalMy custom "triple trend" indicators test positive growth for Uber. Explosive growth likely on Monday.
Uber strong potential for a bullish trend to reach 32.26$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$.
Uber Stocks against the Odds keeps going Up but "Stay aside"Against the Odds and Fundamental Uber seems to go up. Volume does not support the breakout so option B could be still Open
Possible options are:
Long Term Analysis
4h Chart there is Continuation Pattern and Bullish Pattern: Ascending Triangle - Target price 36.00
Volume at the breakout were supposed/expected to be much higher.
Short Term Analysis
30 Minutes Chart Rectangle Bullish Pattern. Two possible options: Option c - Bullish up to level 31.5, Option B- Bearish up to level 27.00
#UBER Short Idea On Pattern FormationUber has a good short opportunity coming. This also coincides with similar patterns on SPX500 and other major indices.
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Have a great trading week!
Uber and LyftI would expect to see both Market to keep going downward (Bearish Market after the Virus)
So far I have not yet found any fundamental information to support the Option C
I do not think that Uber Eat alone can bring the Uber price over 30. Let's see what will happen.
