U1BE34 trade ideas
UBER - Buy The Dip Hi, this is my update for UBER. In the last 3 days UBER has fallen more than 20%, we have lost the SMA50 and SMA100, but I think we have now reached the bottom, since we have support level around $45.90, SMA200 (46.74) and RSI is now under 30 so that means that UBER is oversold and it is time for shorts to cover in. So be prepared and don't PANIC ;)
$UBER channel down$UBEr forming a channel down and managed to hold a critical support today. If it retests tmr and holds, then I see a run for a bit.
Tweezers Bottom on UBER?Hello Tradingview community! UBER is extremely oversold, and we have a
tweezers bottom above the support at 50.84. Also a good risk-reward trade!
Good luck!
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See you soon,
Melissa.
UBERALL experimental projectionThis idea is another experimental approach to project future movements. What I did was, taking the pricegap as reference for the golden pocket in a reversed Fibonacci retracement so a target can be projected. A bit like what the extension tool does but from another base value. That shows us that this trend could burn out around $78.80 and refuel around $36-38. I don't work with time projection so let's see how this one plays out!
*DISCLAIMER* This idea is only for the purpose of sharing ideas -> NOT investment advice,
any feedback from aspiring traders and experts are more than welcome.
Always keep in mind not to enter a trade to soon and remember to take profit along the way.
Stay safe, stay profitable & may the odds be forever in your favor ^^
$UBER can rise in the next daysContextual immersion trading strategy idea.
Uber Technologies, Inc. develops and operates proprietary technology applications.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $60.35;
stop-loss — $58.14.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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Uber Gearing up for big move to upside?The daily chart prime for another run to the upside. With earnings on May 5th, we could see some volatility that might hinder our set up. The major indices have been pretty strong lately so we shouldnt be too concerned with a market pullback threatening this setup until we see a reason to believe otherwise.
Bullish on UBER(This is not financial advice)
Hello everyone, pretty simple play on on UBER here as the economy starts to reopen a lot of analysts are bullish on this stock.
We are looking for a buy signal on the MACD and are looking to breakout of thus Ascending Triangle. I setup resistance and support with the green and red lines.
Let me know what you guys think in the comments and with a like and follow.
Thank You!
- Vlaire
UBER 🌦Earnings in 10 days still convinced this will drop further. I need that 22 % drop before I look for calls. This pattern should be good for call credit spreads aka bear call spreads. Remember when you're doing an earnings play its best tho refrain from using vanilla calls or puts because IV crush could decimate the value of your options. Stay tuned!
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Buy UBERUber could be starting it's 3rd wave of its final 5th. UBER has painted a beautiful Impulse wave thus far and I don't see why it would stop now. all fib extension and measurements line up perfectly.
Uber updateStill in this play.
Originally in at first break out and added more on the dip at 56.
Needs to break 58, so we can see 60+.
First pt is 60, then 62, 64 respectively.
Long term this can be an 80$ dollar stock.
Uber is one of the companies that will greatly benefit from re-opening.
Earnings coming up soon.
DYOR.
Uber - might be headed higher soonUber seems to getting ready to end local consolidation and might appreciate in price soon. If the wave count is right the potential target could be around 80.
Fundamentally, it would be aligned with investors' current sentiment towards reopening after lock-downs.
UBER - 70 or 80 before another consolidation ?Price is breaking out of this Triangle red wave 4 consolidation and we have an impulsive wave on the smaller time frame chart.
It looks to be finishing a fifth wave now therefore we can expect a pullback towards 55/56-ish before seeing it continue higher again.
The setup is of course invalidated if price drops below 51.80.
UBER - Up 90% Since Buy CallBeautiful Long position if you've followed our previous call on Uber back in August. We ended up buying more in October as well. Up around 95% at the moment on this trade and we've moved our stop loss up to around $52.00. Going to keep riding this one for now unless we see any reason to abandon ship.
Earnings coming up Wednesday, May 5, 2021: A live webcast of the conference call and earnings release materials can be found on Uber’s Investor Relations website at investor.uber.com. Uber saw record demand for its ride-hailing services in March and hit another record for its delivery services as well.
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Cheers!
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$UBER Performing in a Sym. Triangle - Breakout soonOn the Daily, UBER is performing a textbook symmetrical triangle and is ready for another breakout soon. Weekly levels in purple color gives us the range for starting up a trade position. MACD is giving is bullish divergences too. Measured move is included as I have placed 2 price targets. One for a little long action in between the triangle and another one soon as the price breaks out of the triangle and uses it again as a backtest on the spring/ weekly level again. important: Watch for confirmation!
Performance Rank based on Bulkowski during in a bull market: 16 out of 23
Break even failure rate: 9%
Average rise: 31%
Change after trends end: -31%
Volume trend: Downward
Throwbacks: 37%
Percentage meeting price target: 66%
Thank you!
