UBERWhere is everyone going ?
I thought the masses are unemployed
plus bars and clubs still closed ?
SHORT!
UBER trade ideas
IMPORTANT INFO ABOUT UBER STOCKHIGH PROBABILITY THAT THE MARKET WILL FALL. ONCE THE PRICE BREAKS THE RED LINE YOU CAN SELL AND DOUBLE YOUR POSITION WHEN IT BREAKS 30.90.
Uber meeting resistancestop set above red line....Gotta worry about brrrrrrr. Good luck and remember to make your own trades as this is only advice.
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.
$UBER Holding Upward Trendline - Looking like a Buy$UBER Holding Upward Trendline - Looking like a Buy
Near term target - $40.00 gap-fill from late Feb
UBER - Grub deal UpdateGrub new UK buy out news! uber losing momentum.
"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 mean revertUBER is running out of steam, just look at this sad chart. Don't be surprised if it mean reverts soon
UBER thoughtsWatch that long term trend line. If it holds - short back to $26, otherwise long all the way up.
