Long UBER longer term (Major breakout ahead) Major breakout appears to be coming soon for NYSE:UBER
NYSE:UBER
UBERD trade ideas
Uber (NYSE: UBER) at a Crossroads: Will Bulls or Bears Take the Uber Technologies, Inc. (NYSE: UBER) is currently at a critical juncture, offering a high-probability trading setup for both bulls and bears. The stock is trading at $61.71, and the technical chart reveals a dual-sided opportunity depending on whether it breaks key support or resistance levels.
Technical Analysis
The price action on Uber’s 4-hour chart indicates the potential for a strong move in either direction. The stock is currently testing a pivotal support zone, with clear resistance levels overhead. Here’s a breakdown of the setup:
Bullish Setup
Entry: Above $66.03
Target 1: $73.68 (mid-range resistance)
Target 2: $80.92 (upper channel resistance)
Stop-Loss: Below $61.42
A breakout above $66.03 could confirm the continuation of Uber’s broader uptrend, with strong momentum pushing toward higher targets. Positive fundamentals, such as improving profitability in Uber Rides and Eats, support this scenario.
Bearish Setup
Entry: Below $54.59
Target 1: $43.27 (first major support)
Target 2: $31.88 (long-term demand zone)
Stop-Loss: Above $61.42
A breakdown below $54.59 would suggest a shift in market sentiment, potentially leading to sharp downside moves. Macro headwinds or underwhelming earnings could serve as catalysts for this bearish case.
Key Market Dynamics
Volume Confirmation: Watch for increased volume during a breakout or breakdown to validate the move.
Exponential Moving Averages (EMA): Uber is testing key EMAs (100 and 200), which could act as dynamic support or resistance.
Analyst Ratings: According to consensus data, 50 analysts project an average 1-year price target of $90.89, with a high of $120.00 and a low of $75.00. This reflects a potential upside of 47.29% from current levels, underlining a bullish outlook from Wall Street. Moreover, 58% of analysts rate the stock as a "Strong Buy," citing Uber’s dominant market position and consistent growth in gross bookings.
Final Thoughts
Uber is at a tipping point, and the direction it chooses will set the tone for the coming months. Whether you're a bull targeting $87.92 or a bear eyeing $35.88, there’s a setup for everyone. The stock’s consolidation suggests a big move is imminent – it’s all about being on the right side of the trade.
Disclaimer
This content is for educational and informational purposes only and should not be considered as financial or investment advice. Always perform your own analysis and consult with a licensed financial advisor before making any trading decisions. Trading carries risk, and you may lose more than your initial investment.
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Why to buy UBERUber has been in downtrend since past few monsth but over past 2 week it is showing strength as shown by weekly candle and increased volume. right now it is sitting at a massive support. I think with great earnings and with new quarter comings fund will be buying UBer overall technical picture provide great risk reward ratio. I am a buyer here with target to at least 67
UBER Bounce?The recent price action for NYSE:UBER has been characterized by a series of red candlesticks, indicative of sustained selling pressure, followed by the formation of a doji candlestick, signaling indecision or a weakening bearish momentum. Today, NYSE:UBER closed with a strong bullish green candle, well above the midpoint of the previous red candlesticks, suggesting a potential reversal.
Furthermore, a MACD crossover has occurred, indicating a possible buy signal. This is supported by the RSI, which dipped below 30—highlighting oversold conditions—and is now recovering, further reinforcing the case for bullish momentum. Given these technical indicators, I believe this is an opportune time to initiate a position in NYSE:UBER. With the stock demonstrating the potential to break its previous resistance level, which could now serve as a new support line, it is reasonable to anticipate that NYSE:UBER may test the next resistance level around the $73 mark.
$UBER WAVE 3 ABOUT TO STARTiF UBER holds this level looks like starting wave 3 which will take us over $110 .Lot of noise about tsla beating them in robo taxi but uber is a key player with plenty of cash. When u drunk in club first thing u think about taking uber to home . i like weekly chart about to reset
UBER buy lowUber has fallen from 90 to 60 on no fundamental change in the company. The drop has been in correlation with the rise in TSLA stock because of their robo taxi hype and Waymo autonomous taxis. 60 is a strong technical support area and offers great R/R.
Uber: Why uber might be the stock of 2025Hello,
Since February 2024, Uber's stock (UBER) has been undergoing a correction, largely driven by concerns over the rise of robotaxi services potentially eroding the market share of traditional ride hailing giants like Uber and Lyft. Notably, Waymo—Alphabet's autonomous vehicle division— recently expanded to Miami and now completes over 150,000 self-driving rides per week. Tesla is also set to enter the space with a planned robo-taxi launch in late 2025.However, Uber is not sitting idle. The company, in collaboration with WeRide, has launched an autonomous mobility service in Abu Dhabi and is targeting fully driverless commercial services by late 2025 in the same region. This demonstrates Uber's proactive strategy to stay competitive in the evolving ride-hailing landscape. Beginning in early 2025, Waymo and Uber will bring autonomous
ride-hailing to Austin and Atlanta, only on the Uber app.
The sharp decline in Uber's stock price—down 34% in recent weeks. The MACD indicator is showing that we shall be having a zero crossover soon hence suggesting that selling pressure may be nearing exhaustion, potentially signaling a trend reversal. The stock appears poised to recover and return to a more balanced supply-and-demand dynamic.
Despite current challenges, we expect Uber to remain resilient and successfully navigate market headwinds. The current price level presents a compelling buying opportunity, with a target price of $100.00 offering significant upside potential for investors who act now.
Goodluck & happy 2025!
$UBER short defenseThis weekly chart shows a bigger picture perspective on my prior short call.
The bullish BOS from top 1 was not met with contnuation but rather with weakness
now lasting several weeks. The past few weeks have seen more selling pressure
than buying pressure in my opinion. In the large channel I can see price rotating
down to at least the swing low indicated as the TP. Also note the MACD bearish
divergence if you are into oscillators. Merry Christmas!
$UBER STOCK UPTREND SUPPORTNYSE:UBER STOCK UPTREND SUPPORT
-good risk to reward ratio
-high cashflow
$UBER LONGThe chart for Uber Technologies Inc. NYSE:UBER indicates the end of a Wave 2 correction and the beginning of a Wave 3 rally within the context of Elliott Wave theory. This suggests a strong upward trend could be underway, with significant potential upside.
Analyst Price Targets for NYSE:UBER :
1. Mark Mahaney (Evercore ISI Group): Increased price target to $120, citing strong fundamentals and expansion into new markets.
2. Ivan Feinseth (Tigress Financial): Maintains a ‘Buy’ rating with a price target of $103, emphasizing growth in delivery services and mobility recovery.
3. Andrew Boone (JMP Securities): Reiterates ‘Market Outperform’ with a price target of $95, driven by Uber’s profitability improvements and growth in gross bookings.
The overall consensus among analysts is a target range of $90-$120, reflecting a potential upside of 40%-70% from current levels. This aligns with technical signals that indicate a bullish continuation phase as Wave 3 unfolds.
$UBER LongTrade Description: Uber Technologies Inc. (UBER)
Fundamental Analysis:
Uber Technologies Inc. (UBER) has recently reported strong financial performance, indicating significant growth and profitability. In Q3 2024, Uber achieved an adjusted EBITDA of $1.6 billion, marking a 71% year-over-year increase, and generated free cash flow of $1.7 billion.
Despite these robust financials, Uber's stock has experienced a pullback, with a 9.3% decline adding to one-year losses. This downturn is partly due to concerns over competition in the autonomous vehicle sector, particularly with companies like Waymo expanding their presence.
Comparatively, traditional safe-haven assets like gold and U.S. Treasury bonds have shown limited growth potential. The SPDR Gold Shares ETF (GLD) is currently priced at $244.00, with minimal change, and the iShares 20+ Year Treasury Bond ETF (TLT) stands at $90.65, also showing slight movement.
Chart Analysis:
Uber's stock is currently trading at $61.03, reflecting a modest increase of 1.3% from the previous close. The stock has shown resilience, with an intraday high of $61.05 and a low of $59.61. Despite recent volatility, the stock's performance indicates potential for recovery, especially considering the company's strong financial fundamentals.
Conclusion:
Uber's impressive financial performance, coupled with its current stock valuation, suggests that it may be undervalued compared to traditional safe-haven assets like gold and U.S. Treasury bonds. Investors seeking growth opportunities may find Uber's stock appealing, given its potential for appreciation and the company's ongoing profitability.
$UBER - I am not so sure NYSE:IT is currently siting on a support. Sure, you can get an oversold bounce but I am not so sure it can get a sustain recovery.
There is a chance that it could see a drop to $54 - $49.
As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
20% downside risk still persists MT ; Long term upside 100%- In the short term, NYSE:UBER price can go down to test $47 at 200 SMA on weekly timeframe.
- This will present a solid opportunity to buyer Uber at an attractive valuation.
Risks & Opportunities:
- Many investors are selling it because of AV i.e waymo & robotaxi by tesla.
- These AVs are not a risk for at least 3-5 years. On top of that, Uber is a global platform which allows one to use the same app in various countries.
- AVs are capital intensive and will eat up lot of capital from Google & Tesla. It is not scalable beyond US where there's huge population like Asia or where the roads aren't good, traffic signs are confusing. Therefore, there will always be a demand for rideshare with an actual driver.
- Rideshare with driver will always be cheaper to operate in countries where population is high & labour is cheap like south America, asia, south-east asia. It is capital light because car is of the cab driver whereas for AV, the car needs to be modified, infrastructure needs to be maintained, software updates, car maintainence etc can't compete with rideshare with human driver.
- Uber is a "verb" for ride hailing and can be used as a benchmark for right pricing as local taxi drivers might dupe tourists.
- CEO Dara is amazing and has turned Uber from a loss making company to a profit generating machine. His execution is top class.
- I remember when Uber & Lyft used to trade hand in hand till 2022. But Dara's execution proved Uber to be a rideshare winner.
- Uber should perform well even if we hit a recession because in a recession although there would be demand compression but the supply of drivers will increase ( gig economy ) so price paid to driver will decrease ( simple supply & demand ) which will lead to stabilization of margins.
- People ain't stopping to buy food from uber eats as they are too lazy to cook and won't stop taking rides if they have to go from A to B. Plus, in a recession, people are likely to invest less in buying new car which can be seen from cooling down of auto industry despite several rate cuts.
Disclaimer:
- I'm nibbling Uber as it goes down and want to build this as my biggest position for a safe & asymmetrical returns of 60-100%+
Consider Long at $52Considered Long position at $52, Stop loss at $50 or $49. Stock is approaching monthly support level, right now might not be a good time to add. Set Alert when price approach $52 for swing Trade up.
Uber shortI see a possible double-top and head and shoulders. Combined with bearish price action the past few session, I will be shorting this with the stoploss and TP indicated on the measuring tool...For entertainment purposes only!
Uber loadingUber is bearish due to few reasons, 1: ER 2,Waymo. Price SHOULD be supported at 1 Month FVG. Bias: Long
LongPrice @ 1 month FVG/support. Price dropped due Waymo selfless auto drive taxi coming in Miami. Expecting price to rebound.
UBER’S MOONSHOT: $90 IS JUST THE BEGINNING!Uber is the ultimate growth machine, and the market hasn’t even caught on yet. Profits are surging, revenues are smashing records, and the global gig economy is Uber’s playground. This stock isn’t just undervalued—it’s explosively mispriced.
$90? That’s the warm-up. Triple digits are on the horizon as Uber redefines what it means to dominate. This is your chance to ride the wave before the crowd catches up.
Get ready, because Uber isn’t stopping. The moon? Too close. We’re aiming for the stars! 🌕🚀💎
UBER potential very strong new additionUBER is at an extremely attractive setup here. We have hit a multi month trend line again, with a strong pullback to the golden fib. This company keeps growing in all important metrics. There is FUD with waymo and tesla. What people dont realize is waymo has a partnership with Uber already, and move is also partially owned by Uber. Uber provides over 8 billion rides per year, their network effect and aggregation is extremely valuable.
"In a digital network, value flows to the aggregator". Uber is the demand, many people cannot afford cars, people in cities prefer this product. Uber also has several company partnerships for longer term assistance. Uber is expanding in Latin America and Asia pacific. Gross bookings, total trips, and revenue continue to climb. This company will be a cash flowing machine once they turn on the switch. I am a very strong buyer here fundamentally, and TA wise.
My target is well over 100$ on the yearly
Uber Shares Drop Nearly 10%Uber Shares Drop Nearly 10%
In 2024, Uber Technologies (UBER) stock has come under significant pressure, partly due to mounting competition:
→ Tesla is reportedly advancing its autonomous taxi development.
→ Yesterday, Waymo (owned by Alphabet, Google’s parent company) announced plans to train its driverless taxis in Miami in 2025, aiming to launch the service in 2026.
According to Business Insider, Uber and Lyft drivers report that Waymo's autonomous taxis, already operating in Phoenix and other cities, are noticeably impacting their earnings. This seems to exemplify a scenario where humans are being replaced by robots.
What’s Next for Uber Stock?
Technical analysis of UBER's price chart shows the stock remains within a long-term upward channel (indicated in blue), but bearish signs are emerging:
→ The price spike in October to an all-time high resulted in a false breakout of resistance at $82.
→ Late October saw a large bearish gap, sending the price below $76, which then acted as resistance in November.
→ Currently, UBER shares are trading below $68, a key support level since early autumn.
This creates a downward trend on the chart (highlighted by orange lines), threatening to breach the long-term upward trajectory. However, bulls may attempt to leverage support from the lower boundary of the channel to regain momentum.
Analysts remain optimistic. According to TipRanks:
→ 34 out of 36 analysts recommend buying UBER stock.
→ The average 12-month price target for UBER is $93.26.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
$Uber - Short-Term Bullish Reversal in PlayUber has shown promising signs of a short-term bullish reversal, supported by two key technical signals:
1. Bullish MACD Crossover
The MACD line has crossed above the signal line, indicating a potential shift in momentum from bearish to bullish. This crossover often serves as an early indicator of upward price action, especially after a prolonged decline.
2. Bullish Engulfing Candle
On the price chart, Uber printed a bullish engulfing candle, a strong reversal signal. This pattern suggests buyers have regained control, overpowering recent selling pressure.
Short-Term Targets
Initial Target: $69.53
A breakout above this resistance level can attract additional buying interest.
Extended Targets: $72.00–$73.00
Sustained momentum above $69.53 could push prices toward these levels in the coming sessions.
Conclusion
Uber’s technical setup highlights a potential bullish reversal, making it an attractive opportunity for short-term traders. Keep an eye on volume for confirmation, and manage risk with stops below recent support levels.
Trade Safe! 🚀
UBER Technologies, Inc to crash 35%And that might just be the beginning of the end for UBER.
** A forecast for the months ahead **
On the above 6 day chart price action has rallied an astonishing 300% in the past 24 months. A number of reasons now exist for a bearish outlook. They include.
1) “Insider Has Just Sold Shares In Uber Technologies”
“Chief Marketing Officer and Senior Vice President of Communications & Public Policy recently netted about US$2.0m selling shares at an average price of US$72.90.”
simplywall.st
Don’t ignore insider selling.
2) Price action and RSI support breakouts.
3) Regular bearish divergence.
4) The Put/Call ratio. Calls outnumber Puts 3 to 1.
Is it possible price action continue up? Sure.
Is it probable? No.
Ww
