$UBER to Upside on Long Leaps$UBER target 40 test and breakout of pennant which has been consolidating for long time
UBERD trade ideas
Short UBERThat had its run up tor the next lower high.. time to short this thing to the next lower low...
UBER LongTrendline break + Consolidation
Entry 42
Stop 40.5
Target 52
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
UBERUBER: Cup & handle setup with the travel sector hot, sees breakout above $44.40 with $45, $46.7 target levels above. Possible momentum play when it makes that move
UBER 29.12.21 LongAsset and Time frame - UBER, Daily & Weekly
Entry Price - 42.67
Exit(Stop Loss) -41.55
Exit(Take Profit) -46.55
Technical Analysis - Price is "sitting" on a significant support level + 100 Daily MA and the 100 Weekly MA, we had a nice double bottom with some decent volume, going for a tight stop and profit levels since the market is bearish.
Bro My Uber Didn't Arrive?That's right Uber is in the process of trapping the abundance of fools who think they're great tech investors...because they invest in innovation/disruptive garbage - These same people would struggle to tell the time on a clock if you asked them.
UBER OutlookWe can see a nice, clear descending channel. It is VERY tempting to want to short it here, however, i am not convinced it will reject (surprisingly) This was some really strong momentum retesting the upper trend line, along with A TON of buying pressure at the bottom and not so much selling pressure i can see at the top. Descending channels have a bullish breakout. So I would wait just a little on a possible bullish breakout from this channel, or simply wait for more confirmation on the move down. One way or the other, there is a lot of room to enter for a play. Watch these fib levels for resistances if we breakout to the upside!
$UBER bull case. UBER ran lovely in the past 2 weeks. Wouldn't be surprised if we retest to the W neckline and around 0.5 fib and then go higher.
Uber Calls entry price 39.76-41.94As we look at major trend shifts, we see there has been a new support line at 35.41 pushing UBER into a positive up trend. August 20th, we saw a new support come in at roughly 37.68 and from there we were pushed into a consolidation period until September 15 in which we neared support and formed a reversal until October 8th where we reached a new peak at 48.67 and after this strike we fell and on November 2nd we hit a scarce point in which a bounce up occurred until we fell and eventually sat in a down trend until December 13th, where we hit a new support below august 20th forcing us into a positive uptrend and now are above 5 shift changes that formed the down trend and it poses that when we pass the 6th we will rise back towards the 48 zone. It took about a month and half to jump from august support to 48 zone and right now in our uptrend we are in the same place as we were on September 20th right before an 8+ jump. In conclusion with historical patterns at this point we could estimate end week to be around 45 zone if we pass our scarce zone at 42.45. We can place calls for next week on a 43$ Call at BUY ZONE between 39.79-41.94. GOOD LUCK EVERYONE WHO SEEKS SUCCESS. P.S If it happens to fall two MSL then we will reposition to the opposite side
UBER Green For My Wife's Boyfriends' DUII know some of you must be thinking that the gap is not fully filled and it will fill it. However, the chart shows that it doesn't care about that and is so far respecting the trend line. A break of the 1st resistance and upper trend line will send this up. One thing to keep an eye out that could affect the technical analysis is their next earnings report as earnings reports are always gambles and have unpredictable effects. An entry now would be a little bit risky now but could profit some from the bounce on the bottom trend line currently to the top trend line. A break of the bottom trend line negates the technical analysis.
Happy Thanksgiving Everyone!
*Trade at your own discretion and have due diligence of your own!*
Looking good! we still need to cross that big resistance tho🧐 looks like uber is breaking top trend resistance quicker than I expected, watching for a break past 44, retest of trendline then a rally to new highs.
price targets are 47.12-52.2-60.88
like and follow for more 💘
$UBER broadening formation$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.
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My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
UBER - Surge Pricing AheadUber Technologies will be looking to display strength as it nears its next earnings release. In that report, analysts expect Uber Technologies to post earnings of -$0.33 per share. This would mark year-over-year growth of 38.89%.
Last week, Aurora Innovation Inc said it had launched a pilot program with the freight unit of Uber Technologies Inc to transport goods in Texas and to integrate autonomous trucking into Uber Freight's shipping platform. Aurora said it began autonomously transporting loads for Uber Freight customers between Dallas and Houston last week. The company plans to launch its commercial autonomous trucking business by the end of 2023, starting in Texas.
Uber is an investor in Aurora after the self-driving company bought Uber's autonomous vehicle unit ATG last year and Uber acquired a 26% ownership interest in Aurora.
Uber is in the upper bollinger band, holding right at about the 20 DMA. Stochastics and MACD are showing a bullish trend.
UBER Quick PutI'm looking for UBER to the downside come Monday, RSI super overbought and MACD showing signs of big reversal potential
$W $NFLX $UBER $AAPL I OptionsSwing WatchlistW 1D I As stay at home stocks bounced a bit last Friday, we had W bounce 8%+ right at our support. W seems to be forming a bull flag on the daily chart.
NFLX 1H I NFLX is down more than 15% from all time high levels. Watching for a breakout from this downtrend, for either a relief bounce or a stay at home stocks rally.
UBER 1H I UBER double bottom near $35. Watching for a consolidation above $39. It is a bit extended from the 9 EMA on the hourly after bouncing 13%+ from $35.
AAPL 1H I AAPL is down 10 points after hitting a double top near $180. It seems to be consolidating right over $170 and we'll see this week if it remains on an uptrend.
UBERThere is little to say here. There is a diversion on MFI during the week, diversion on MFI and RSI on a daily basis and it has already won back and it is difficult to say for sure whether it will continue to move. Also, what is bought back from the PIVOT level, the wave counting is conditional. Long from 40 may be interesting, but not the safest.
There is a SPECULATIVE option. Reasoning on the topic.
We are seeing a corrective movement within expended flat or running flat to b-wave. Previously, there was a three down, then we have another three with an extended C. And now we can have both the end of C in 5 waves (running flat), and a departure below 20 and / or 13 (expended flat). For running flat, the problem is that we hit 40 before, it would be ideal there, but we are not far away.
You can also see the Wolfe wave. But on such timeframes it makes little sense. IMHO
UBER Weekly Options PlayDescription
UBER began its bear market after the break in the major trendline July. It has now broken through major support established from the ascending triangle that was built in MAR - NOV timeframe of 20' and was also tested in SEP of 21'.
The break through 38 is the signal for the entry, and also the stop loss for the position.
Using long puts to leave the downside open.
The level of the VIX right now is my primary concern in opening long option positions. I consider all of my positions risky, and manage risk accordingly.
Long Put
Levels on Chart
SL > 38
PT : 33*
*Stops based off underlying stock price, not mark to market loss
The Trade
BUY
12/17 34P
R/R & Breakevens vary on fill.
*At 33 I will take profits, and roll to OTM puts.
The Long put is placed OTM for higher profit percentage, but before the target price for max chance of success by expiration.
Manage Risk
Only invest what you are willing to lose
$UBER Target 29.14$UBER Target 29.14
Technical weakness here is pointing to a move lower…
GL, and let me know your thoughts!!
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I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now, and that's what I'm doing at the moment.
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Have fun, y’all!!
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$UBER - Inverted cup and handle break down target 50% paid In previous chart I had published that Uber was playing out inverted cup and handle with maximum break down target of $28 area.
Now it has paid 50% of the break down target and filled the gap that was left in Nov 2020 at $36.15 area. 50% is some cases the reversal can happen.
Can it happen? Who knows?
If this area does not hold, it can break down to $32.50 area. For both bulls and bears, areas to watch for support and reversal areas are -
Support 1 - $36 (50% breakdown)
Support 2 - $32.50
Support 3 - $28
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
