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Uber

$UBER (LONG)Everything on the chart. 2 scenarios I tend more towards the long, but the entrance to the entry position is strictly from the stop! Stop under the trend line target area 30-31$ if we break the trend target will be below Good luck. Hello everyone, almost year ago i have lost my deposit(almost 8btc and i'm still broke w/o deposit and job,I can’t do my favorite thing.) and now i'm trying to get back to the market. If i help you to earn some money i will RLY VERYVERY THANKFULL for your donate(PM to me). Also open to your suggestions.
NYSE:UBERLong
by trytofeelpositive
4
UBER - ShortShorting the most recent pump in the S&P. My view is that we have yet to see the lows in the market as many states and countries extend the Stay-At-Home orders. More downside to UBER: 1. Fewer requested rides going forward until the virus gets under control. 2. Virus has now infected 1M individuals globally and the U.S. does not expect the apex to occur until the end of April. 3. Competition from other food delivery options. Looking at the indicators, both the RSI and MACD are beginning to turn.
NYSE:UBERShort
by ISquared2
UBER Oversold Bounce| Structural Resistance| .50 Fibonacci Evening Traders, Today’s Technical Analysis will focus on UBER, with an insane oversold bounce, over 100% gain, currently testing a key resistance that will dictate the overall macro trend. Points to consider, - Oversold bounce still in fruition - Structural resistance in confluence - Stochastics projected up - RSI hitting resistance - Noticeable bull volume nodes - Daily lower high likely UBER is currently in an oversold bounce, testing a key structural resistance that is in confluence with the .50 Fibonacci level. The stochastics is projected up, still has more stored momentum to the upside whilst the RSI is testing its resistance. It is likely to break in conjunction with the upside momentum of the stochastics. There are noticeable bull volume nodes, driving the oversold bounce, this must sustain if structural resistance is to be broken. Overall, in my opinion, UBER is testing a critical level on the macro timeframe. A rejection will be in favour of the bears, putting in lower high. A break and consolidation however, will increase the likelihood of testing upper level, thus changing the macro structure. What are your thoughts? Please leave a like and comment, And remember, “In order to succeed, you first have to be willing to experience failure.” ― Yvan Byeajee
NYSE:UBER
by AzizKhanZamani
2
UBER Falling Broadening WedgeSupport/resistance lines 1. $41.95 2. $33.96 Trend lines 1. The first main trend line begin with the IPO lunch and forms the support line for the falling wedge. 2.The second main trend line begin with the initial structure high at $47.16 and forms the resistance line for the falling wedge. Falling Broadening Wedge We can see the Falling Broadening Wedge forming slow with the Highest point at $47.17 and the lowest point at around $15. The resistance trend line has been touched 2 times and the support trend line has been touched 3 (4) times since the form. In the falling broadening wedges the most usual scenario is the the price consolidation when falling in that two trend lines and in some point the price to break the resistance trend line and form a breakout. RSI 1. 5-Period Rsi In that period i used it to define the main swings/waves of the charts.Based on oversold-overbought areas. 2. 14-Period Rsi In that period i used to define possible divergences. Scenario
NYSE:UBERLong
by we_axolotl
1
UBER: Quadruple Witching Day 3/20 PutsUber rallied 38.26% merely on the CEO's call to investors today. The CEO cited that UBER has enough cash to last throughout this crisis even though no one is certain how long it will last. I'm confident this COVID-19 crisis will last through the summer and transition into a recession. Also, Uber estimates 60-70% loss of revenue since this crisis began. Uber has been bleeding cash since its IPO. It's unreasonable for UBER to surge this much right now. So I bought 3/20 $17 Puts expiring tomorrow, which is Quadruple Witching Day. I'm hoping the volatility goes my way LOL even though many people online believe the market will rally most of the day. Here I noticed the low volume coincided with the increase in price but because of all the volatility expected tomorrow, the price will reverse and drop...is my guess. Bank of America ( NYSE:BAC ) declared that the U.S. economy is in a recession. They are probably the first big bank to acknowledge this. (www.cnbc.com) Quadruple Witching: www.investopedia.com
NYSE:UBERShort
by traderman001