UBER (potential breakout based on fundamentals)
Technical :
- tested the $50 priceline 3 major times & completely rejected the last time it was down there.
- not much data on larger time frames, only recently went public
- price currently testing the $58 priceline, will most likely reject due to good fundamentals & future potential of the company.
(If rejected high possibility of a bull run to possible potential value of 200 billion market cap. Which is roughly $100 per share.)
Fundamentals :
- UBER has lots of upside potential from car rental to ride sharing, UBER eats, uber air, travel, & local delivery in general.
- UBER will most likely act as a proxy from consumer to mobility company in the future with an Amazon based business model focused on growth.
- UBERs functionality & fundamentals extremely solid, I dont see it failing. Extremely safe investment with huge upside.
(Personally I do believe it is a 10x company worth a trillion dollars. I also believe it will outgrow tesla)
- tested the $50 priceline 3 major times & completely rejected the last time it was down there.
- not much data on larger time frames, only recently went public
- price currently testing the $58 priceline, will most likely reject due to good fundamentals & future potential of the company.
(If rejected high possibility of a bull run to possible potential value of 200 billion market cap. Which is roughly $100 per share.)
Fundamentals :
- UBER has lots of upside potential from car rental to ride sharing, UBER eats, uber air, travel, & local delivery in general.
- UBER will most likely act as a proxy from consumer to mobility company in the future with an Amazon based business model focused on growth.
- UBERs functionality & fundamentals extremely solid, I dont see it failing. Extremely safe investment with huge upside.
(Personally I do believe it is a 10x company worth a trillion dollars. I also believe it will outgrow tesla)
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