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Uberbull

Uber's Profit Surge Amid Stock Slump - What's Next?Uber Technologies Inc, the prominent American ride-hailing company, has recently reported its first-ever operating profit, signifying a successful shift to profitability. The company posted pre-tax earnings of $326 million (£255 million), a significant improvement from the previous year's operating loss of $713 million (£558 million). The turnaround is primarily due to a 22% increase in booked trips, indicating a surge in demand. Despite Uber's positive financial performance, the stock market responded unexpectedly with a 5.68% drop in Uber's stock price on the Q2 earnings release day. This event serves as a reminder of the unpredictable nature of financial markets, where stock prices don't necessarily align with a company's earnings due to various influencing factors such as market sentiment, economic indicators, and global events. Despite the recent decline, Uber's stock price has reached a significant support level, previously last year's high. This level could potentially act as a foundation for future trends and if the price strongly rebounds from this level, a significant upward move might be forthcoming. However, investors should remain cautious of the notable $50 resistance level just above the current price, which might hinder the upward trend. If the price surpasses this crucial mark, there is potential for a significant upward trend aiming for the all-time high of $64.05, a level not seen since February 2021.
NYSE:UBERLong
by Sublime_Trading
Short the Long-term Trend I always do the same & it usually works more often than it doesn't; but thats not the point What is important is to cut the losses & let the winners run. In a world of 50/50 probability. There are four outcomes to a trade. a big win, a big loss, a small loss and a small win. If we can eliminate the big loss; the small win/loss will even themselves out. And we are left with big wins. Here is an example of letting winners run. Although I admit I Closed full position at Profit target 1 & did not let the winner run all the way to the end. Why? a bullish market influenced me, possibly a mistake but thats fine. this is why I document my trades so I may learn along side the reader. SET UP . the (W) is in downtrend . Long-term(M) in downtrend . price correcting to Lowest High of the (W) downtrend ODD ENHANCER . over buying momentum into qualified (SZ) thats also the Lower High of (W) downtrend . general market in downtrend . Supply Zone (SZ) never been tested before
NYSE:UBERShort
by greatful-me
UBER: Turnaround or bear market rally?Uber Technologies Short Term - We look to Buy at 25.07 (stop at 21.38) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. They reported better than expected earnings which is positive for sentiment. A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. We look to buy dips. Further upside is expected. Our profit targets will be 33.86 and 36.00 Resistance: 34.00 / 45.00 / 60.00 Support: 24.00 / 20.00 / 13.50 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:UBERLong
by VantageMarkets
Uber Technologies: downtrend on the wayAlthough it's true investors are buying around these levels, the price keeps falling around the downtrend channel. Good buying opportunities are found on the lower part of the channel. It's a good opportunity for a buy-and-hold strategy, but the incoming FED intervention on interest rates hikes could pose a tremendous risk on the short term in all stocks, so care with volume. In terms of fundamentals, Uber has improved a lot and reduced losses considerably, financial and operational results were positive this last Q, way better than those of 2020. The best strategy is to buy the dip. So analyze the financial results of 2021, compare it to 2019 and 2020 and place your bets! I'm pretty sure this one is gonna perform really well in the coming years, but it's all about timing. If indices fall, we will find a great opportunity on this one!
NYSE:UBER
by alvaromroo
1
$UBER broadening formation$UBER nice broadening formation here. stock moves very sluggish even with the decent volume, so watch your entry. bullish momentum in higher time frame looks strong and plenty of room to go up. day trading scalp: Buy above 40.30 sell at 41.50-42.30 Buy below 39.03 sell at 38.10 - 37.07 always take profits as you see one. always follow your plan and risk management. Hello everyone, welcome to this free technical analysis . ( mostly momentum play ) I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities. If you have any questions or suggestions which stock I should analyze, please leave a comment below. If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel. Thank you for stopping by and stay tune for more. My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
NYSE:UBERLong
by CHRIS_B58
1
UBER unusual options activity for $70 1/2022 - bullish long termUBER on 4H: Will UBER hit $70 before 2022? RECENT NEWS UBER tumbled last Friday after Britain’s top court said its drivers should be treated as “workers” rather than contractors. TECHNICAL OBSERVATIONS UBER has been trading within an upward channel. We are sitting at support, watch to see if we can move up here. One concern is if we pullback further, there is a gap below $55 which we may attempt to fill. OPTIONS ACTIVITY This week there were $40.50 Million worth of Uber calls bought. One that jumps out to me was a LEAP options $70 strike price expiring 1/21/22 because there were $37.3 Million worth of those purchased last Wednesday. SUPPORT & RESISTANCE Support: $58 | $55 | $53 Resistance: $60 | $63.40
NYSE:UBERLong
by nataliegarces
1
UBER - Rising WedgeThis usually occurs when a security’s price has been rising over time The trend lines drawn above and below the price chart pattern can converge to help a trader or analyst anticipate a breakout reversal. While price can be out of either trend line, wedge patterns have a tendency to break in the opposite direction from the trend lines. Therefore, rising wedge patterns indicate the more likely potential of falling prices after a breakout of the lower trend line. Traders can make bearish trades after the breakout by selling the security short or using derivatives such as futures or options, depending on the security being charted. These trades would seek to profit on the potential that prices will fall. You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
NYSE:UBERShort
by Yuriy_Bishko
4
Uber: Coffee! Watch out for continuation.It's been exactly 1 year -to the day- since I published the last analysis, so here is to the anniversary . UBER saw a huge breakout after Weekly Lower Highs : After the breakout, on the smaller timeframe now, we're building a nice C&H pattern with potential for bull continuation. Fundamentals: Think about which companies got disproportionately punished by Covid, which under normal circumstances is a standard on your home screen? => As Chamath Palihapitiya put it nicely just recently: If you're not ready to invest in the companies on your home screen, then what else?
NYSE:UBERLong
by Edgy_
3
😭 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
$UBER A Buy On Kalanick Running Out Of Shares To SellThe biggest overhang, besides bearish shorts, has been former CEO Travis Kalanick exiting his holdings since lockup expiration. Kalanick has sold about $2.1 billion worth of stock. He now has roughly just $600m worth of stock to sell. While some view the former CEO selling as bearish, we disagree because he was pushed out. Kalanick hit the lotto and is cashing his chips in, just like $WE former CEO Adam Neumann. They are both narcissists and it's best Kalanick is gone. While Kalanick has been selling, CEO Dara Khosrowshahi has been buying. This is bullish. He now owns 1.5 million shares and is betting on the stock having bottomed. Company Profile Uber Technologies, Inc. develops and supports proprietary technology applications that enable independent providers of ridesharing, and meal preparation and delivery services to transact with end-users worldwide. The company operates in two segments, Core Platform and Other Bets. Its driver partners provide ridesharing services through a range of vehicles, such as cars, auto rickshaws, motorbikes, minibuses, or taxis, as well as based on the number of riders under the UberBLACK, UberX, UberPOOL, Express POOL, and Uber Bus names; and restaurant and delivery partners provide meal preparation and delivery services under the Uber Eats name. The company also offers Uber Central, a tool that enables companies to request, manage, and pay for rides for their employees, customers, or partners; and Uber Health, which allows healthcare professionals to arrange rides for patients going to and from the care destinations. In addition, it provides freight transportation services to shippers in the freight industry under the Uber Freight name; leases vehicles to third-parties that use the vehicles to provide ridesharing or eats services through the platforms; and provides access to rides through personal mobility products, including dockless e-bikes and e-scooters under the JUMP name. The company was formerly known as Ubercab, Inc. and changed its name to Uber Technologies, Inc. in February 2011. Uber Technologies, Inc. was founded in 2009 and is headquartered in San Francisco, California. As always, use protective stops and trade with caution. Good luck to all!
NYSE:UBERLong
by InsiderFinancial