UBER trade ideas
$UBER 1h ER run up reversal signalCurrently holding UBER 65C 3/19 ER is 2/10 Elliot wave up and inverse H&S. A Break above 52.86 is what im playing.
LONG $UBER long term $150 target,
Uber is very promising company with little competition
they could also expend in type transportation systems
SHORT UBER@DotcomJack inspired me to do some analysis today and although I have a lot to learn about TA, if the market crashes, Uber will be one of the first to go. Look at how it's near ATHs (almost touched $60), up over $50 from it's previous ~$40 high before the Corona Crash. In March is crashed BELOW $15
gets more interesting with the Gann, see how before every major dip it starts in the 3rd most dramatic drop off, then goes to 2nd, then levels off in the first. But now the dip is happening all in the first. Watch out, this could be an indicator of a broader market crash...
#BearishUBER
A possible pullback from #UBER A possible pullback from UBER
wait for a break out of the wedge...
Good luck
UBERUBER
1-2 week time frame
UBER is currently trading on an upward channel. Price action is at a pullback approaching bottom channel support. Price may still move lower al little bit touching 61.8% fib area. A good area to enter long.
MACD lines seems to be pointing down and stochastics is about to hit oversold levels, as we anticipate a little more downward movement.
Disclaimer
I am not a registered investment advisor and do not offer investment advice and recommendation. All my post is not a recommendation, advise nor a suggestion and should not be used as a replacement for investment advice from a qualified licensed professional. All my post is for, information and entrainment purposes only. You, the reader, bear full responsibility for your own investment and trade decisions and should seek the advice of a qualified securities professional before making any investment or trade.
$UBER Shorts?We could see bay tumble to $50 from its All time high of $60.03 before picking up orders at $49.78 around the time of earnings for a bull rally back to the A.T.H’s. will keep this updated in the comments.
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UBER Next TargetsHere are the next targets for UBER. Possible scenario: price will respect the neckline to bounce off as a confirmation and then will move forward upside level again. Critical resistance level are marked in orange color. Cheers!
UBER Retest/RemountUBER previously had broken out above the 55 level. After running up to 60, it has now pulled back to retest the previous breakout level. It has remounted over the 55 level and held support of its moving averages. Looks like this will head back to 60
Free Uber Ride Uber Please Pick me up before you go to 00000000
must get LTF Confirmation 15m or 5m TF.
lets lose a lot of money together
$Uber Uber after catching an amzing impulsive move seems to be correcting I expect a hard bounce in the .618 if not i will be worries as it could be playing around this region or could be a fake out, overall keep an eye on it in case it does want to make another move higher!
UBER - 65+This chart is setting up for another big run. Perhaps some of the DASH excitement is rubbing off on it, but hre I see a bit of a double bottom within an ascending triangle. Textbook double bottom and maintaining uptrend. Bull flag forming on the break. Give it a couple weeks and I think we see 65 or higher.
UBER: next goal 64$
Strong hands are pushing this stock higher. Right now it is ready to achieve 64$ in the short term. So much volume inside.
$UBER$Uber i am liking the average Volume coming in as well i believe this is a 5 wave structure starting off on the daily time frame with min targets, Also it broke out of a nice triangle on the Daily Time Frame, In the lower time frames i see it a wave 2 or a retest of the trendline of the triangle if i see a bounce off here soon i will get getting in with a stop loss under the previous low. Again failed to do soo you can also short it if you would like but i will just wait as it can build a bigger triangle.
UBER TrendingUBER is trading in a parallel channel. Look to buy at the support line and sell at resistance.
