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...
Technicals on all time frames look good to spike up post earnings. Bears that don't know about $UBER eats are going to get crushed. Profit miss and revenue beat will take this back up to $38 by September.
💰 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...
NYSE:UBER Pullback occurred next week gap will be filled and I marked the PT. Stay Tuned
The 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...
Our subscribers are now up 25% since we recommended $UBER last month at $30. As we said, Kalanick's stock sales were a major drag on the stock and that once he was done selling, $UBER would climb. We were right on the money. Our next target is $42. In $UBER news: Guggenheim analyst Jake Fuller sees Uber's revenue and EBITDA outlook as favorable heading into the...
UBER LONG SET UP! FINALY THIS IPO GETTING LOVE ENTRY 1 $35.00 ENTRY 2 $32.00 SL 28 TP.1 38.00 TP.2 41.50 TP.3 44.63
Capitulation followed by massive volume at around $25.50. Double bottom circled in green. Gap to be filled around $41. Small gap to be filled circled in yellow. Yellow trend-line with confluent are at the gap fill. RSI has some room before it hits the yellow RSI trend-line reinforcing the idea of a gap fill n' go. Fundamentally speaking, news co-founder has...
Welcome to PrimeXBT’s technical analysis of the Uber, the ride-sharing company that recently launched the largest IPO of the year. News and Fundamental Analysis: This year was a year filled with many high-value IPOs buzzing around the investment industry. The company’s revenue is expected to grow by over 60%, helping it top the list of IPOs with a substantial...
Hello, Traders! Monfex is at your service and today we overview UBER. Uber said that they will achieve profitability of EBITDA in 2021. After this we see fallin of its shares -9.8%. But it looks like speculative statement because of great demand near $26 . Bearish divergence by RSI has already played out. Now Uber has a triple bullish divergence, and the...
I'm looking for where the red and black FIBONACCI levels line up. 24$ and 21$ seem to be good buying points.
There is reverse Shoulder Head Shoulder pattern. Simple moving average (3) is above the neck level. In addition to that OBV volume level is above the resistance level at SHS pattern zone. Target: 44.00, Stop level 41.00, ROI(Return on Investment) = 1.5 usd profit per share / 1.50 risk per share = 1 that means the return on investment of this share has neutral risk level.