Long

UBER Swing Trade Cup and Handle

Updated

This is a cup and handle pattern on the daily in UBER. I am bullish with a stop loss at $65 and a first Profit Target at $80. If the S&P shows buying strength in the I will open a position.

Note

Price is sneaking up on the resistance properly, if this price breaks 74 in the next couple days, buy to open at $74.10 will be a nice entry.

Note

still not in the trade yet. price still dinking around the cup handle, setup is still valid and in need of upward price movement or this setup will become invalid

Note

Still watching this stock. Handle is forming nicely.

PappyTrading

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