UBER trade ideas
Uber to 70s Simple Classic Pattern - Target around 73$
Stop loss: 49.80$
Unfortunately i ran out of cash because this looks like a great opportunity
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UBER Breakout ImminentThat 9 EMA is lurking underneath that 21 EMA
Sitting at an area of support
Got a bullish catalyst with some price target upgrades
Sitting above the point of control on the vol profile
Trading at key fib levels.
We should see a 9/21 bullish cross at the upside cross of the 50% fib, to try to retest the downtrend resistance.
UBER Trade Idea ABCDE Correction ✅
Symmetrical Triangle ✅
Higher Lows with Bullish Hidden Divergence ✅
Consolidation inside Demand Zone ✅
Bullish over 55.62 ✅
Price Target 60.49 🎯
Invalidated below 51.75 ❌
Once you see it you can't unsee it I am usually focusing on the long side, but this time, it might change.
You can spot a Head and Shoulder Pattern on the daily chart, and also numerous bearish signs, such as EMA cross, tanking RSI...
Most important price levels are marked on the chart
Uber PT24hr chart since I didn't realize that I can't attach links to my posts yet wtf
but look how clean and sexy this chart is
**TIME SENSITIVE** UBER 4/1 C @.35IF YOU DON"T CATCH THIS DEGENERATE MOVE AT LEAST TAKE LEAPS HERE CHART LOOKS SO SEXY I CANNOT STRESS THIS ENOUGH.
Weekly Outlook! 3/22 - 3/26Here we take a look at last week's video as well as some set ups we are watching for the coming week!
UBERLooks like some bad news hit Uber again with UK drivers becoming "employees" not 1099 contractors.
Also the change to reclassify the UK workers will mean that UBER will pay $300m in order to make this change & comply. I stay long and suggest buying between the levels I marked off. The CEO Dara Khosrowshahi has said that UBER eats has made this a completely different company & I can see this as well with UBER eats now disrupting food delivery plus COVID 19 restrictions.
Also Wall ST is so super bearish uber so I stay long (got to take the opposite side of that).
My theory is that the Wall St banks & funds parade their talking heads all over the MSM shit talking UBER to suppress the price & accumulate. Don't believe me I have a good example Amazon.
DYOR guys and make your own choices.
LONG UBER / MARCHBroke out off the falling wedge + About to break resistance + Hidden bullish divergence. It´s just a matter of time. And it´s also really easy to manage your risk.
Yew! Crowded Bars + $4/Gallon GasAs long as energy gets a bid, Uber rallies into a post-pandemic economy. BULLISH, accumulating shares @ 49,50 (w/an S&P selloff). Out of the money calls if it retraces into the channel mid-line.
rising channel Target $65-$66Please note: I'm just sharing my view. its not a recommendation for buying or selling.
$UBER - curledThe stock has curled and sentiment is at the right spot. Short volume is decreasing and other TA indicators are poised in a positive manner.
Riding this to a target of $65 is my game plan
UBER Rebound Wave w/Head n/ShouldersUBER is forming a correction wave pattern which may come down to support around the 48.5 level. This chart and price action is also developing a head n shoulders pattern. The 48 level will be the neckline for a further breakdown.
