will this downward channel hold again?Touched the top of the down channel in a straight line, almost up vertically. Overbought
U1BE34 trade ideas
UBER LONG IDEA!Uber has been pushing to the upside with thanks fundamentally after the rideshare platform was upgraded to overweight from neutral by Piper Sandler. The bank said increased car prices will push consumers to Uber and other rideshare platforms.
Technically, price action via the weekly has broken out of a flag pattern, eying a possible inverse head and shoulders pattern.
Uber (UBER) Long Idea!Uber possible long play (UBER)
Uber is trading higher today up over 5% after the rideshare platform was upgraded to overweight from neutral by Piper Sandler. The bank said increased car prices will push consumers to Uber and other rideshare platforms.
Technically, price action via the weekly has broken out of a flag pattern, eying a possible inverse head and shoulders pattern.
TWTR ABSORBTION PROCESSthe trading now is happening above the red line as an absorption process with the target to above $27.
UBER, 10d+/-32.23%falling cycle -32.23% more than 10 days.
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This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only.
UBER - Day ChartBearish Indicator:
1- Made Lower Low
2- Bearish Flag Formed
3- Support at 23.75
4- Symmetrical Triangle bottom line broken
5- Declining Head & Shoulder formed
6- 0.61 Fib zone is acting as resistance
$UBER Analysis, Key levels, and Targets $UBER Analysis, Key levels, and Targets
I made a funny joke when UBER IPO’d… I said… I’d buy at 25… well, here we are and from here on out I’m collecting…
I think UBER will be an S&P company for sure….
uber short 4:1 risk reward ratioMA congestion and turning down, under all MAs. staggered stopped @3% and 4.5% for half of the exposure respectively. Closed 25% at 5% gain to finance the 4.5% stop.
target close at 23. Risk 4% for 16% gain.
UBER & LYFT earnings breakoutUBER & LYFT are having an earnings breakout. Here's a side by side 1 day comparison chart:
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
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7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
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Lack of planning & discipline
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UBER SHORTMA congestion and turning down, under all MAs. staggered stopped @3% and 4.5% for half of the exposure respectively. Closed 25% at 5% gain to finance the 4.5% stop.
$UBER - MOST LIKELY SCENARIOUber Seems to have no real future as a stock. Just hanging around IPO price forever.
I expect it to drop to $20 and go back to $40 after that.
#UBER to 20$?Hello dear Traders,
Here is my idea for #UBER
Price closed below yellow line (previous month low)
Targets marked in the chart (green lines)
Invalidation level marked with red line
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
Please, support my work with like, thank you!❤️
UBER Set To Drop Based On DivergenceUBER is set to drop based on MACD trends and bolliner bands showing sell signals. Elliot wave analysis also shows a down trend detected in wave 3 which is set to further decline. UBER should be sub $25 by the end of the week based on these trends. Great shorting opportunity.
UBER IDEAHELLO GUYS THIS MY IDEA 💡ABOUT UBER is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the buyers from this area will be defend this LONG position..
and when the price come back to this area, strong buyers will be push up the market again..
UP TREND + Resistance from the past + Strong volume area is my mainly reason for this long trade..
IF you like my work please like and follow thanks
Support & Resistance To Be Tested For UBER support and resistance are set to be tested this morning. A slight dip is to be expected at the open despite pre-market bump. After this dip we should see UBER rise above and beyond resistance. This is based on divergence and candle stick analysis.
$UBER Analysis, Key levels, and Targets $UBER Analysis, Key levels, and Targets
SO yesterday when I gave my UBER target I calculated it on the wrong timeframe… ooopsie… so the 28.02 I just cancelled… sorry about that, y’all… 😬 I actually make more mistakes than I care to admit...
I just now put in a buy order at 26.59 in it’s place….
Something did feel off last night and if i had just lined it up with the option chain I would have noticed right away... but I was working so fast….
——————
If you used the strategy I did a bunch last year and the year before that then this will look similar…
Basically every night I will be updating the new buy order for the next day… each day I will be adding 10 shares at the buy level (please modify this to your account size if you want to play, there is nothing wrong with trading one at a time until you see how the strategy works)
I will be using options at levels where I see fit but right now I’m losing out on some really great opportunities by not having these orders in place like I used to…
And if you guys haven’t seen this strategy before… you’re in for a treat… it might take a few weeks for you to see what I’m doing but once you see you’ll see how easy it is…
Always make sure to select GTC (good till cancelled) on your buy orders, and you might have to select advanced order to add an expiration date to your order.
And have fun, y’all…
$UBER Analysis, Key levels, and Targets $UBER Analysis, Key levels, and Targets
I really like UBER. For many reasons. I really like how it’s been kind of respecting that 200MA 🤓… I have been selling UBER puts lately… and in general I want to be long here long term… so, I don’t know what I’m getting at but I’m buying shares here tonight… LOL… without a doubt I’ll be selling options at some point again here just not tonight, and not here…
Tonights buy order at 28.02 (x10) locked and loaded…
——————
Super excited to get back to one of my old strategies, but slightly modified… If you used the strategy I did a bunch last year and the year before that then this will look similar…
Basically every night I will be updating the new buy order for the next day… each day I will be adding 10 shares at the buy level (please modify this to your account size if you want to play, there is nothing wrong with trading one at a time until you see how the strategy works)
I will be using options at levels where I see fit but right now I’m losing out on some really great opportunities by not having these orders in place like I used to…
And if you guys haven’t seen this strategy before… you’re in for a treat… it might take a few weeks for you to see what I’m doing but once you see you’ll see how easy it is…
Always make sure to select GTC (good till cancelled) on your buy orders, and you might have to select advanced order to add an expiration date to your order.
And have fun, y’all… 💃🏻
$UBER with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $UBER after a Positive over reaction following its earnings release placing the stock in drift B.
Uber Share is Testing Its Major Support LevelUBER share price is going in an unclear trend in general, with many bullish and bearish price gaps, which it is soon to fill quickly, and it is currently trading at the bottom of a narrow and sharp descending channel extended since the beginning of November. On the other hand, UBER share is trading below the short and long-term exponential moving averages, in a severe bearish sign at the moment.
As for now, and on the daily chart, we keep an eye on the support level of $26.30, in case the UBER share price fails to stabilize above this level, we may witness another pullback towards the level of 24.66.
On the flip side, if the UBER share price was able to recover the EMA-25, then we target the return of the UBER share price to levels of $28.83-29.73 (the shaded area in yellow). If UBER share price manages to recover the EMA-200, we may also witness a recovery of 33.13 level in the coming weeks or months.
Realistic Uber!From the ideal imaginary blue line to the actual awful red arrow to the bottommost of the hell. Uber is depreciating, a bouncing dead cat. It could perform better ... NO FUTURE stay away OR short and cover in 20.
Uber - Showing signs of leader
Claimed VMA on 3D chart +++
Hanging below confluence of 200DMA and VMA. Any futher tightening at these levels would set this up perfectly for breakout. ++
volume shelf 30 is already tested. Above, 45 will come fast. Still early, but showing great strength over the last few months in a terrible market condition. Must watch for next few months.
