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since Feb 25, 2019
chartpattern
coronavirus
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trendanalysis
uber
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Uber looks like a good play from the current price targets. Buying when RSI is below 30 and the price closes out below the lower bollinger bands has been helpful in identifying areas of reversal, especially in the current "buy the dip" environment. Expecting bump up to $33 early next week.
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Technical setup on the hourly chart shows that the sell off from the $34 area, which Trump threats were the catalyst for, may have been overdone. Consolidation in the $30-$31 area along the bottom bollinger band and lower side of RSI vow well for a recovery. My expectations for the price movement are a gap upwards to $32 on Monday and then a gradual increase to...
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