😭 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
U1BE34 trade ideas
UBER trade planPrice broke the channel and retested it. Now price at converging 50 and 200 SMA. Small support at 61.8 at 31.24.
Waiting for the break lower to sell more. Potential target at 28 and further fib levels.
Please support the idea and share your thoughts on UBER!
Good Luck and Stay Healthy!
UBER - Merger updateOff the trendline "possible Bear Flag forming"- heading back to 26.65 support, 17.78% slide
Catalyst: Grub new UK buy out news. "California new ruling is a significant development in the battle between California and companies like Uber and Lyft over the employment status of drivers."
$UBER Grub Deal No Go IdeaUBER with market confirming bearish sentiment and GRUB going into business with another partner. There is nothing to keep $UBER alive. I understand there has been recent bets that ride-sharing is the future from pension funds. The reality is $UBER pisses money and isn't profitable.
Looking to get involved tomorrow on validation. Would feel better with put flow coming in
Uber reboundUber looks like a good play from the current price targets. Buying when RSI is below 30 and the price closes out below the lower bollinger bands has been helpful in identifying areas of reversal, especially in the current "buy the dip" environment. Expecting bump up to $33 early next week.