UBER trade ideas
Candle Dropped below trendlineWe had a candle body break below a five-month trendline today. I'll be looking for a continuation tomorrow. Could see a drop-down to $19.70
$UBER Analysis, Key Levels, & Targets… $UBER Analysis, Key Levels, & Targets…
I’m not going to lie… this is NOT the most beautiful chart in the world… but I’m interested in buying UBER at these levels…
Uber has taken over an entire industry and keeps expanding into new opportunities to generate revenue… This is on my list for no matter what happens…. I feel like this is a company that will be around in 50 years… I sold 21 puts for this week...
I want to hear your ideas and, also, what stocks are you guys seeing that are at interesting levels…. I’m really starting to get bullish on a lot of things. Yes… lots of companies will and are going under, but what do you think will stay??
Best of luck and have fun, y’all…
Risky stock in dynamic supportAfter a bloody downtrend, Uber is now oversold and have reached a dynamic support.
$UBER with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $UBER after a Negative Under reaction following its earnings release placing the stock in drift D.
UBER Selloff leads towards 20$ Uber selloff leadus towards 20$.SellOff accelerate after support line broken and it may take us towards 15$.
UBER Might See More Downsides UBER has provided us with a nice curved trend line (in white) with the last touch going to be aligned with 2.618 which is comparable to a previous drop in 2020
Interesting daily chart
UBER Strong Support AreaIf you haven`t sold UBER on this bearish call:
Then you should know that even if they released an extremely bullish guidance for Q2, higher than the estimates, it could face the same problems as LYFT, spend more on driver incentives, and they won`t deliver the expected results.
My price target is the $26.50 support.
Looking forward to read your opinion about it.
UBER looks vulnerable after LYFT last night. Big UBER support level needs to hold. LYFT got hammered so is the bad news now priced in? Anything positive should see a bounce for LYFT. I have just bought some LYFT for a quick bounce but remain bearish longer term. $UBER $LYFT
$UBER on 15min Potential CUP and Handle Pattern in extended$UBER on 15min Potential CUP and Handle Pattern in extended
Please note: Earnings May 4th
What are your thoughts?
Thanks,
Kelly
Beginning of an End - E.3This is not what you invest on for long-term (not even short-term).
"Gas" price and people returning to "restaurants" left no future for Uber, the chart proves.
Outside-inside bar setup on UBEROutside-inside is a great sign of consolidation leading up to a big move. I think we could see a move to the upside because the price that UBER is currently at is in a prior demand zone.
Uber Turning the Corner?UBER looking good here. Down 46% off ATH in early 2021. Uber has seen a slow bleed over the last year, as opposed to the more dramatic, precipitous fall of many other stocks. Price appears to be finding support at a historically active Demand Zone. Support appears to be building on the Daily chart. I'm interested at these prices but I'm expecting some more sideways chop before UBER can break resistance.
-Mercury
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These are my personal views and not financial advice. Please do your own research before investing.
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$UBER 2-1-2U triggered on the weekMight find some resistance at the daily targets, but this is a good swing to 36.88. I like next week contracts if it stays in force. #thestrat #uber
UBERThis chart is quite meaningless to say the least.. all I'm here to post is that I believe Uber sub 35 is a buy at all levels ! To the long side.
#UBER fib leveles #UBER so if the fib levels are correct from our most recent swing low we wicked that .768 level and bounced off for a potential short term opportunity for calls to the upside at the 34, 35, 36 strike as there is a huge level at 37.50, looking at some flow data 35 strike for the 20th of may has 67 thousand OI sitting on it now 40 has 41 thousand both of which are interesting to me. looks like most short dated contracts are looking at that May 20th date or the Jan 2023
$UBER going to go up for a bitAll indicators are showing a bullish rounding price action incoming. The price is following the predictive 21HMA perfectly, there is well defined rounding in the early onset trend. Everything looks to be bullish for the next few days. And it could just be that.
Uber recovering. UBERGoals 0.56, 0.49. Invalidation at 0.89.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
Uber Inc Fractal MapThis is why I use log. The percentage change will be always the same for the same length of trend. Easier to hunt down the real turning points.
UBER: Sell Zone is 39-41Uber's 5-wave move off the low appears to be taking the form of a leading diagonal. W-5 within this larger degree W-1 should top around the $39-41 region near the end of April/Early May. After that, UBER should pull back to about the 31-33 region before beginning its W-3. Sell in May and Go Away
UBER Long & Short Side Set UpsIn this update we review the recent price action in UBER and identify the next high probability trading opportunities and price objectives to target.
will the trend channel hold or break? lets wait and seeUBER in this little trend channel, if it doesn't break trend support it can rally to 39.08-44.24
a break below trend support will send it to 32.74-29.78
