$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 trade ideas
$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.
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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!
UBER - Inverted cup and handle watch Has been forming inverted cup and handle. Break down below the neck line is bearish.
Bouncing from the neck line is bullish.
Neckline - $45
Bad case - $38.99
Worst case - $28.59
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
Falling wedge on weeklyMaybe a move up in future.
Risky. Not a big fan of them.
Will most likely just watch this one!
UBERIf you have suddenly reached the bottom now and the decline model is not correct, then it is safe to enter from the blue line( with a breakdown and a level test)
A more aggressive way to long is from red (47.7)
There are divergences in CMF, RSI, MFI-they signal for a long time that the bottom is presumably.
It is better to stick to the scenario of actions above and not catch the knife.
(The correction model turned out to be very complex, I'm not sure about it myself)
If we reach the area of 41-38, then it will be safe to consider the long from 43 (previously, judging by the schedule)
Double bottom... Double bottom,
expect a brief bounce above resistance ~$46.62 - ~$47.80, then a retest and a flip of resistance to support, followed by further gains towards ~$51 - ~$52
UBER Round DownUBER is following a rounding top trend, looks like it has momentum to the downside. I'm hoping for this to continue downward into next week with maybe a day or two of consolidation from here.
SELL YOUR UBER! (SCAM)SELL. DO NOT HOLD!
S<47.08
UBER will fall.
Lot of sell pressure and volume near LVL 47.08. It really looks like a great BULL TRAP!
UBERUBER has based here for two and a half months, and you know what they say “the longer the base, the higher the space”. Another golden pocket play with expectation of a breakout from the region. First targets would be the .382 and .236. Trade is invalidated with a daily close below $47.50
