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Ubershort

Uber Uber Found Its Oil In Business In The Second Half Of 2020 Back in the first quarter of the year, Uber suffered a loss of $2.94 billion. Then, it became known that they bought a food delivery service. By the end of the summer, Uber Eats had become the company's largest service, revenue in the second quarter more than doubled. Uber also won a license dispute in London in September. Technically, the UBER share price is moving in an upward channel. We have recently touched the upper boundary of the channel. Most likely the price will go to the support zone in the near future. Best regards EXCAVO
NYSE:UBER
by EXCAVO
4
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: Grab some butter, Uber is toastIn the near term, expect a correction that might dip as low as the bottom price target followed a consolidation centering on the higher target of $36. After Uber has finished its correction, expect it to target $60+. Basis for analysis Uber has finished or is finishing an Elliott Wave cycle Wave 1 following a leading diagonal structure. As depicted, the wave comprises a primary, uptrending ABC structure consisting of two minor, uptrending ABC structures and an intermediate, downtrending WXY structure. Also, Uber continues to be Overbought.
NYSE:UBERShort
by Teklologist
2
😭 Sorry Guys... Kind Of Late On (UBER)💰 LET'S GET INTO SOME UBER ANALYSIS!💰 1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤ (Overall Market Sentiment) 🐻 Bearish - Man I wish I would of had checked this one on the daily chart about a week ago. Beautiful crossover Crossover ema dots played out. No worries, let's catch the new wave! - We are getting a red Crossover with an engulfing candle, this would good be a good short but we need to consider how close we are to support. I would rather look for the breakout on the 31.50 support to go short for most likely a 10-13% play to the next low. - We so have one previous touch at 31.50 and rebounded but not by much! Let's see how it holds up. If it did hold and compressing with a green Crossover we will go long based off of the fact we did have that recent support. - All 3 ema dots are firing red. Drop your chart below in the comments section and share with us what you think will happen next! ❤❤❤ Thanks for checking out our analysis! ✌😁✌ 🥇MLT | MAJOR LEAGUE TRADER
NYSE:UBER
by UnknownUnicorn2319099
UBER ($UBER): Down like Gross Revenue, or Up like Eats?✨ We provide charts every day ✨ Drop a requested Ticker in the comments and we will be sure to take a look ✔️ Like & Follow to help the community grow! 🎉🎉 --- Uber Rides got hammered from COVID, taking a $5 billion loss, but Uber Eats saw epic growth. While Uber says business slowly coming back now that the lockdown is gradually ending, the trend is still technically bearish and we are running up against resistance. Given the above, we are looking for a short setup. Resource: finance.yahoo.com --- 1. Fractal Trend is signaling a downtrend (Maroon bar color) on the 4 hour chart, and that means we can take short setups with our strategy. 2. With the strategy, we are looking to open a position after a rejection from either an orderblock plotted by Orderblock Mapping or an S/R level plotted by Directional Bias. 3. R1 looks like it will act as resistance and give us a solid entry, so we are waiting for a reaction there. 4. To the downside we have a number of levels that can act as support. Any of these levels could serve as exits or take profit levels depending on the reaction there. 5. Overall we don't want to be too aggressive shorting here, Uber had a bad quarter, but betting against the stock during a recovery from COVID as people get back to using ride sharing seems like a bad idea. 6. With the last point in mind, we have a relatively tight stop above R1 and will be exiting if Fractal Trend signals a trend change. Our target is S2 instead of a lower target as that should be a major level to retest on the way back down. In other words, we have a nice setup for a short here, but we aren't trying to short Uber to zero or anything.
NYSE:UBER
by AlphaBotSystem
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: 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
UBER SHORT to $20, former CEO dumps shares! UBER has been on a strong downtrend since the IPO, the company has not yet turned a profit and expenses are through the roof with little hope to switch to the long side in the near future. To add to that the co-founder and previous CEO Kalanick continues to dump shares, another +$160 Million worth and the stock continues to trend lower while volume to the sell side increases. The previous broken low at around $30.00 held as resistance on a retrace and the rotations indicated a continued short where price fell from, price is not at an all-time low anymore where support lies. The IPO to date POC is at $26.85 which is going to be strong support but there is a strong chance it break and price moves into the expansion level at $22.00. We just need to break through the support barrier. The price is at the top of the downward channel which is holding resistance. Disclaimer: This idea is for educational purposes only, this does not constitute as trading or investment advice. TRADEPRO Academy is not liable for any market activity.
NYSE:UBERShort
by TRADEPROAcademy
Uber / Former CEO dumped close to $166 million of company stock.Uber co-founder and former CEO Travis Kalanick dumped close to $166 million of company stock over the past three days, continuing a selling streak that began in the first week of November. The 43-year-old founder sold a little over 5.8 million shares between December 11th and December 13th, according to an SEC filing. Uber's co-founder and former CEO Travis Kalanick continues to cash out his stake in the ride-hailing company, selling off close to $166 million worth of shares this week. The ousted chief executive has sold off a little more than $2 billion worth of Uber stock since the company's post-IPO lockup period in early November, an act that has rapidly liquidated his stake in the company. Kalanick holds a little more than 21 million shares in the company as of December 13th, which is less than a quarter of his original stake in the company. Disclaimer: We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
NYSE:UBER
by CryptoTrend-Alerts