$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 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 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 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 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: 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.
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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.
