UBER trade ideas
$UBER Bullish DivergenceClosed out last Uber trade with profits. Re entered here as I noticed 11/19 calls sweeping.
Indicators showing bullish divergence and trading well below respected AVWAP.
Looking for a reversal and move back up towards the AVWAP/middle of channel. Run up to earnings also in play with the 11/19
11/19 45C 1.77 avg 21K OI
11/19 47.5C 1.2 avg 4K OI
Short $UBER CMP $39.45Short $UBER CMP $39.45 Downtrend continues. Trading below most of the moving averages
uber looks like its going no where while uber is down Down and looks appealing to buy i don't think its appealing as it looks in fact at this point it can even gap down!
Your $UBER is waiting$UBER at the bottom of the channel with MACD ready to cross, RSI curl, and bullish flow yesterday.
Went long with the $47.5 11/19 Call
Courtesy of @jpgonzalez93
Buy Into Weakness On Uber Technologies (NYSE: $UBER) 🙌🙌🙌Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It connects consumers with independent providers of ride services for ridesharing services and other forms of transportation services, including public transit, as well as connect riders and other consumers with restaurants, grocers, other stores, and delivery service providers for meal preparation, grocery, and other delivery services. The company operates through four segments: Mobility, Delivery, Freight, and Advanced Technologies Group (ATG) and Other Technology Programs. The Mobility segment provides products that connect consumers with mobility drivers who provide rides in a range of vehicles, such as cars, auto rickshaws, motorbikes, minibuses, or taxis. It also offers Uber for Business, financial partnerships, transit, and vehicle solutions offerings. The Delivery segment allows consumers to search for and discover local restaurants, order a meal, and either pick-up at the restaurant or have the meal delivered, as well as offers grocery and convenience store delivery, and select other goods. The Freight segment connects carriers with shippers on the company's platform and enable carriers upfront, transparent pricing, and the ability to book a shipment. The ATG and Other Technology Programs segment engages in the development and commercialization of autonomous vehicle and ridesharing technologies, as well as Uber Elevate. The company was formerly known as Ubercab, Inc. and changed its name to Uber Technologies, Inc. in February 2011. Uber Technologies, Inc. was founded in 2009 and is headquartered in San Francisco, California.
Uber should bounceSequential is telling me this should bounce. Daily/Weekly time frames are on a 9 and 8 respectively. On a Monthly time frame, we are on a red 4 after a green 9, (1-4 candle correction is normal after green 9).
$uber at a discountlooking for a gap to fill ? heres your chance in life to fill that empty gap in your life. dont use a smelly taxi use a disgruntle uber driver. californians can kick rocks i love this company from mexico to usa,
$UBER Time to short, or is it? California's prop 22 was found unconstitutional by a supreme court judge late last week, news that were sort of expected since the bill already had plenty of discrepancies. Despite the news and what that means for UBER specifically, I am more interested in how this stock has moved since the bill passed.
Pretty noticeable at first glance, despite missing EPS, on November the stock started an impulsive move leaving a gap behind and that it's closing to nowadays price. If we look at it from a bearish point of view, the .618 was strong resistance above which indicated another wave down towards the 1.618. Interestingly enough, the stock is now below March lows' VWAP and it's fast approaching the IPO VWAP. Very important to note that the 8MA is extended from price action, so a bounce in the near term is not out of the question. Now, will it be at the IPO VWAP? Or will it close below, sending it lower towards the gap and the 1.618? One thing is for sure, these two VWAPs will provide all the information we need in order to short efficiently or to prepare for some choppy price action.
$UBER with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $UBER after a Negative over reaction following its earnings release placing the stock in drift C.
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UBER reversal in progressUBER looking prime for a quick run back to the upper $40's. Looking for $47 by 8/20. Playing $46 calls expiring 8/20.
Uber Road to $80I think this is wave 4 of a 5 wave move, we are near the top of wave 1 which is a great entry.
Uber pre-earningsA lof of information in the chart for uber pre-earnings. The earnings call is after hours tomorrow 08/04/21.
Few gaps that need filling, which gets filled first?
MacD looks bearish and bullish on diff time frames.
Could pump or dump.
What do you think?
Post Earnings 2 GAPS filled 1 to go!2 out of 3 gaps have filled in the same day, post earnings which uber beat. There is one gap left to fill and that gap is a bullish gap!
Target $46.11
Resistance levels
($43.65/30m) lowest resistance
($44.61/30m) middle
($45.13/30m) highest resistance
UBER: Complete analysis (H, D and W charts).Hello traders and investors! Let’s see how UBER is doing today and do another complete Multiple Time Frame Analysis (MTFA)!
The stock hit a top at $ 44.64, and now it is doing a pullback. We have two good support candidates in the 1h chart, which are the 38.2 and the 61.8% Fibonacci Retracements .
The 38.2% is at the 21 ema too, and the 61.8% is at the $ 41.86, which we’ll talk about later.
If UBER reacts near these support levels, it could trigger the pivot point at $ 44.64, reversing the trend for good in the short/mid-term.
Today’s candlestick pattern is called Bullish Engulfing , a bullish reversal pattern, just above the support at $ 41.86 (no, it is not the time to talk about it yet).
The volume is good, and if we defeat today’s high ( coincidently, the pivot point in the 1h chart ), the bullish pattern will be triggered. If we lose today’s low, then the bullish thesis will be invalid (or at least, delayed).
Ok, do you remember the $ 41.86? This point was the pre-covid ATH , and a previous resistance on UBER, which now it is working as support in the weekly chart.
What’s more, we have a Hammer candlestick pattern, which might reinforce our bullish reversal thesis. Surely, it is an interesting stock to keep in our radar.
If you liked this analysis, remember to follow me to keep in touch with my daily updates.
Thank you very much.
UBER Price targetThe head and shoulders pattern is one of the most reliable trend reversal patterns.
After a Head and Shoulder chart pattern, UBER will now most likely test and bounce from the 38.80usd resistance that turned into support.
I`m looking forward to read your opinion about it.
$UBER shorts. Uber to new lows for Earnings.
The business still happens to be struggling to get profitable.
I am expecting more of the same.
$40 Puts Will be the way I express the trade.
My Short book is $SNAP and $UBER
Cheers.
Activ Management.
waiting for a positive divergence confirmationIts Trend(OBV) displays a Bollinger Band squeeze at the bottom of its Donchian channel.
If a positive divergence between Trend(OBV) and its price actions is confirmed , then there may be a big rally after its earning.
Trend(OBV) uses True Strength Index to analyze "On-Balance-Volume", which measures buying and selling pressure as a cumulative indicator.
Horizontal lines and zones are supports (entry for bulls and exit for bears) and resistances (exits for bulls and entries for bears).
Diagonal lines from Fib fan/channel are for trend-determination and additional levels for active trading.
The market is actively moving so the entries and exits constantly change. Trade small if you want to practice!
