UBER is going to FLY!UBER has broken the trend line resistance and is moving up. Formation of CUP & Handle on daily supports the long case for Uber. Entry - 32.50 SL - 27.60 TP - 41 Disclaimer: Not a financial advise. Do your own due diligence.Longby imcryptodragonUpdated 115
Uber Uber looks great. Possible cup and handle. Handl has been formed and pushed to the upside. Next confirmation is the test of 33$ and claim as support. This would target a nice bullish breakout. Would need to see a few days holding above 33.40 Longby Erictaylor3
Sudden move expectedUber is about to break out of its channel on the weekly chart. The price is sitting close to its all-time Point of Control (POC). In general, when a stock is at the POC, a rapid move tends to follow. Moreover, if the price reaches the upper trend line again, it will be the sixth touch. Stocks usually break out on the fourth touch. Considering these facts and that the RSI is in the middle range, plus that the market is highly volatile, a big move is expected (up or down). This could be a breakout to the upside, or it could be a false breakout if the overall market sells off again. A market seloff would lead to a rapid downward move. Here's how I play it. I play the 21. Oct. 22-32.5 straddle (32.5 call, 32.5 put). So I can benefit from a sudden shift in either direction. Resistance: 32.64, 38.63, 46.94 Support: 29.86, 23.23 PS. You can also spot an inverse "Head and Shoulders" pattern, which is also bullish.by benedekdomotor1
Gap Below PriceThe top of the prior gap down could provide support, even if just temporary. A Thrusting candle right now which can signal the continuation of a prior trend which is down right now. If this candle body gets above the mid line of the red candle from Friday, it would be a Piercing candle which is bullish and could mean possibly some upside to come even if not a huge move. The candle body is not quite to the midline but is close, but right this second it is a thrusting candle. No recommendation. Bearish Cypher pattern.Shortby lauralea0
Tested Support, Coming back up to Resistance$UBER tested the weekly Support, its on it's way back up to Resistance. We'll see if it consolidates more or if it heads up further.Longby bert02943
$UBER GAP FILL INCOMING?UBER rejected at the 200MA and continues to fall. With the FED meeting Friday I expected a GAP fill coming to the downside. Target 24.75Shortby Niqolus1
$UBER: IS THE BULL RALLY OVER? 🔸️Ticker Symbol: $UBER 🔸️Timeframe: 4 Hour 🔸️Investment Stratey: Short TECHNICAL ANALYSIS: UBER is testing the top deviation level on our regression trend and starting to make a move lower. On the bottom dashboard you can tell we have divergence. Our white line which represents "Money movement" is making a lower high as the price action above is doing the opposite. This will typically mean a selloff is coming. If we continue in this pattern UBER stock could potentially see sub $30 🔔 Follow for daily stock, crypto and forex technical analysis. ⚠️ Trading is risky and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur. Shortby TrendsiTrades0
Buy or Sell ?Uber's strategy to make profit: 1. Charging customers for subscription. 2. Cheating on restaurants more than ever. 3. Reducing the payment to drivers. And the result of this "smart strategy" is dissatisfying everybody, and ultimately loosing the market! Capture this image and see me at the end of the year...Shortby jayjayman2
SELLUber has reached to high volume area+ MA 200 acting as a resistance as well and resistance trend line. Over bought MFI+RSI. Huge gap bellow to be filled. Good R:R Shortby orimichaeli335
UBER SELL+Will be looking to start a short position on UBER as it's overbought here and gone a bit too far too fast. Bear market rallies sucker everyone in to thinking(incorrectly) the bottom is in. We are no where near a bottom! Shortby ShortSeller76223
Next Earning...?!How much do you expect it to be at the next E event? No where above $30! Uber has strong tendency in moving downward; despite CEO's plan "focusing on profitability", they are loosing customers, and drivers are leaving them. NOT REALLY recommended for long term view.Shortby jayjayman0
UBER 30 Day LookoutDaily Candle Prediction I think you saw the high for a minute on UBER. I think it is going to come down amd fill the gap before it catches itself on the next meaningful uptrend. I think the next uptrend is going to have some momentum going forward. I would look at $26 / buy in for a good support level This is not financial advice, I have never been trained to do thisLongby Adventure_Joe1
Channel Breakout Example Really solid example of how channel breakouts often retest resistance AFTER resistance has already been broken. I like to think of it as testing the buyers and supply/demand zone to see if resistance can now act as support which would confirm another leg up as we see in Uber. Good rule to follow is to not enter trades as soon as they breakout from a channel as the trend reversal is not confirmed by anything yet. we can see multiple channel breakouts where price did not continue rising once the channel was broken. Volume confirmation (increaising volume with increasing price) is also important when identifying true breakouts, nice highs when lower than average volume is generally a sign of price disparity defined as divergence.by chartxzy4
UBER: Turnaround or bear market rally?Uber Technologies Short Term - We look to Buy at 25.07 (stop at 21.38) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. They reported better than expected earnings which is positive for sentiment. A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. We look to buy dips. Further upside is expected. Our profit targets will be 33.86 and 36.00 Resistance: 34.00 / 45.00 / 60.00 Support: 24.00 / 20.00 / 13.50 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.Longby VantageMarkets2
Uber Long -- Expecting bull expectation for next quarter? Currently, Uber is looking bull and ready to pick direction. Most likely upwards towards $29/31/33. Observe later this week for more movements to decide direction. If earning /forecast not good, could go downtrend towards $21.60/70 for support. Longby BeshellOUpdated 335
Insiders Knew Something...(READ CAREFULLY)If you had watched Uber's chart in the past two weeks you have probably realized that it goes one day +5% the other day -5%, next day +4% and again -4% ....; Experienced traders know that's a scary signal that indicates company is running out of money and is scrambling to survive with speculation ! This common phenomenon (+5%, -4%, +4%, -5% ...,) happens just few weeks prior to bankruptcy. Speculation is because of no operating income...!!! Has lost more than 60% in the last year and is taking its last breaths.Shortby jayjayman333
UBER Potential for bullish rise | 21th July 2022On the H4, with prices moving above the ichimoku indicator and breaking out of the descending trendline, we have a bullish bias that price would rise from our buy entry at 23.59 where the pullback support is to the take profit at 26.64 in line with swing high resistance. Alternatively, prices could break entry structure and drop to stop loss at 20.16 in line with swing low support, 78.6% fibonacci projection and -27.2% fibonacci expansion. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.Longby Rockqet1
Uber toward hellEverything is going as planned... even the most recent scandal; Never been this much close to bankruptcy; Opens at around 12 dollars right after the next E report; Short as much as you can => you are gonna become rich ;)Shortby jayjayman0
The "UBER Files" The Uber Files, first leaked to The Guardian, consists of over 124,000 internal documents that show how UBER attempted to secretly gain support from politicians in Europe, including French president Emmanuel Macron when he was serving as the country’s economy minister, chancellor George Osborne and other ministers, for its aggressive global expansion. The documents date between 2013 and 2017. Despite the efforts, UBER is not a profitable company, yet its market cap is 43.868Bil. If you haven`t shorted UBER here: On this falling wedge bearish chart pattern i expect to see it go lower, to $13.80, before a technical rebound. Looking forward to read your opinion about it. Shortby TopgOptions8
Solid setup for a bear market rally In this video I've shown how UBER is setting up for a handsome bear market rally. Downside risk VS upside reward is very attractive. Also, something I didn't mention in the video is that UBER is a quality company with improving fundamentals so should not be put in the same category as other loss making tech names. Appreciate your constructive criticism ! Long03:18by markethunter888226
$UBER ~ Where's the bottom...As shown in previous update, correction continues and expect lower prices as shown. Possible opportunity soon but not yet. Will be interesting soon and will continue to track closely. by EndlessCode0