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Uber

UBER: Next on the watch listThis is a promising chart so i'll move UBER to the top of the watch list - we like stocks that are coming back from a sell into buy mode - we see this in UBER on both the daily and the weekly charts also UBER has not fully recovered to the pre-COVID levels like other stocks - leaving a good upside of ~18% (target #1) to ~28% (target #2) i like a quick dip back to the $32.5 for entry (with the hook that seems to be forming) from the very "basic fundamentals" standpoint, UBER is a major disruptor - and the business hasn't even started to reap some of the potential it deserves .. it may be the next big mover -- let's keep watching it closely.
NYSE:UBERLong
by RedKTrader
UBER 34$Uber just signed a deal with postmates. They bought the company. UBER was rallying previously due to them trying to come to a deal with GRUBHUB but following them not being unable to agree, the stock went a little sour. Now it has finally come to fruition. The company (UBER) has been doing fantastic with their Ubereats app during covid. Adding the postmates fleet to their huge squad brings a hope for an increase in revenue. Quote from Article "Together, Postmates and Uber Eats would have a 37 percent share of food delivery sales in the United States, according to Edison Trends, which tracks credit card spending. DoorDash would remain the largest player with 45 percent, while GrubHub would have 17 percent. " Ubuer's first quarter was not the best but postmates is their knight in shining armor. Monday is when the announcement will commence. this is not trading advice. I am learning and I apologize if it does not come true please note that once you take profit I suggest you take it. Uber looks like it is creating an inverse head and shoulders. I will follow up throughout the weak to see how the FIB does. thanks gl
NYSE:UBER
by tunripboyo
Uber - Waiting for another entry pointChecking back in with Uber this week since our last analysis. Check them out for more in depth TA & FA on those. Quick & easy for this one: We've had a couple of scalp plays in Uber for some nice profits. Uber has currently broekn down through support in the 4hr and the daily 200MA. We're looking now for another an entry around $27 region if we find support. If we dip below this one we will probably ladder buy all the way down to the next Fib Retracement level at $22. Uber eats increased during the virus outbreak and Uber rides are increasing as states have opened up (even though virus cases has increased). Stock is still below IPO value. This one is a long term play to hold. Shoot us a Follow and Hit the Like button for more updates. Cheers! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
NYSE:UBERLong
by MannyLo
😭 Sorry Guys... Kind Of Late On (UBER)💰 LET'S GET INTO SOME UBER ANALYSIS!💰 1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤ (Overall Market Sentiment) 🐻 Bearish - Man I wish I would of had checked this one on the daily chart about a week ago. Beautiful crossover Crossover ema dots played out. No worries, let's catch the new wave! - We are getting a red Crossover with an engulfing candle, this would good be a good short but we need to consider how close we are to support. I would rather look for the breakout on the 31.50 support to go short for most likely a 10-13% play to the next low. - We so have one previous touch at 31.50 and rebounded but not by much! Let's see how it holds up. If it did hold and compressing with a green Crossover we will go long based off of the fact we did have that recent support. - All 3 ema dots are firing red. Drop your chart below in the comments section and share with us what you think will happen next! ❤❤❤ Thanks for checking out our analysis! ✌😁✌ 🥇MLT | MAJOR LEAGUE TRADER
NYSE:UBER
by UnknownUnicorn2319099
#NYSE #UBER The Bright Future Long Position Before my explanations and forecasts, why do I call Uber shares as a "Bright Future" on NYSE, let us remember some data about them! Well! Uber went public on May 10 with an $82.4 billion valuation, and it happened only the last year (2019), do you remember this? Their start wasn't so impressive... "Uber raised $8.1 billion in its offering at an IPO price of $45 a share. At a recent stock price of $41.57, the company had a market capitalization of almost $70 billion, based on the 1.677 million shares it had outstanding after completion of the offering." If you check their just two years graph, you will see their vast loss! BUT!!! Here we are in 2020! Uber is one of the promising company, because of the virus! They are recovering very fast and from the lowest price of their history (March 20 stock price 21.33 USD). Their share price is 36.59 USD, and it has powerful potential to close this massive gap at the 40.72 USD and to continue an excellent long position. Interest regard of the company is increasing very fast, and it's a perfect chance to buy some shares and to keep them for a long term position. I used several precise trading instruments, where you can see Fibonacci retracement and their percentage positions. As you recognize, it has already passed 35% of uptrend and will be closer to 50% and more soon. Overall, most of the technology companies have perfect perspectives, and one of them is UBER, a very fresh and right choice for trading. Don't hesitate to like and leave your comments below! Thanks
NYSE:UBERLong
by KiriaTrader