$UBER Break of trend near $60 will help us retest ATH near $64$UBER Break of trend near $60 will help us retest ATH near $64. With many events and locations opening back up, I'd expect a lot more people relying on $UBER and $LYFT
UBER trade ideas
UBER forming a symmetrical triangle UBER 1HR | Really liking the symmetrical triangle it's forming. We may need 1 more leg down to $56-55.12 before heading back higher to $60 level.
This morning, we saw more flows for UBER $60 4/30 Calls.
UBER PatternEntered at the bottom of the pattern and exited at the top. So far playing out perfectly and will enter at the bottom of trend line which lines up with the golden pocket. Will play with size.
UBER Triangle Wave 4 WorkingUber looks to be completing a triangle for wave for. Looking for a thrust to new highs sometime in the near future.
Somebody call me an UBERLesgo!
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My trade ideas are just that, ideas...and 100% free. DO YOUR OWN DD!
My trade ideas are not an endorsement of any company or product. I will sometimes incorporate news or other info that may be a catalyst for expected price action, but it is only a catalyst. I consider all of my trade ideas to be short term swings. They are ideas that are days or weeks in length and not day trades. I have decided to not provide entries, stops or targets. If you don’t know how to manage your own risk with correct position sizing and stops/targets then you should not be trading live in my opinion.
All of my ideas first focus on price action resulting in predictable patterns and their conclusions. I incorporate Harmonics and Elliott Wave to complement and add strength to these ideas. Depending on the timeframe it is difficult to display some of them. Ultimately, price action and volume rule. The market and individual stocks do not care about my or your opinion on how “cheap” or “expensive” shares or contracts are.
Green Harmonics are bullish, red are bearish. But look at where price is relative to the pattern for expectations of next moves. I often catch Harmonics before completion, so a bearish pattern may still be a bullish move until it completes. Elliot Wave bull/bear counts will be green/red accordingly. After a wave count there are a number of possible next moves.
Lastly, these are all trades that I would and do take.
I hope to provide some value to your trading education, nothing more. Good luck to all.
My picks for the rest of 2021Last year it was all about tech tools that helped society to continue functioning during a worldwide lockdown.
Stocks including zoom and Peloton led the tech rally (TQQQ) which also pulled along others unintentionally(Tesla).
Bonds have been under strong focus recently ever since concerns of inflation starting picking up.
But many investors have been trying to figure out what industries will be the winners of 2021. Banks, entertainment, retail, travel.
My hypothesis is that brick and motor retail will see more revenue in 2021 especially after the third round of stimulus checks.
Large cap stocks with crazy PE ratio’s made the most amount of gains but just by gauging from the media, value and small cap time has come to shine.
Companies with the lowest p/e ratios will see good returns.
Uber to 70s Simple Classic Pattern - Target around 73$
Stop loss: 49.80$
Unfortunately i ran out of cash because this looks like a great opportunity
Please leave a like to support my profile, and check the previous Analysis below... thank u
UBER Breakout ImminentThat 9 EMA is lurking underneath that 21 EMA
Sitting at an area of support
Got a bullish catalyst with some price target upgrades
Sitting above the point of control on the vol profile
Trading at key fib levels.
We should see a 9/21 bullish cross at the upside cross of the 50% fib, to try to retest the downtrend resistance.
UBER Trade Idea ABCDE Correction ✅
Symmetrical Triangle ✅
Higher Lows with Bullish Hidden Divergence ✅
Consolidation inside Demand Zone ✅
Bullish over 55.62 ✅
Price Target 60.49 🎯
Invalidated below 51.75 ❌
Once you see it you can't unsee it I am usually focusing on the long side, but this time, it might change.
You can spot a Head and Shoulder Pattern on the daily chart, and also numerous bearish signs, such as EMA cross, tanking RSI...
Most important price levels are marked on the chart
Uber PT24hr chart since I didn't realize that I can't attach links to my posts yet wtf
but look how clean and sexy this chart is
**TIME SENSITIVE** UBER 4/1 C @.35IF YOU DON"T CATCH THIS DEGENERATE MOVE AT LEAST TAKE LEAPS HERE CHART LOOKS SO SEXY I CANNOT STRESS THIS ENOUGH.
Weekly Outlook! 3/22 - 3/26Here we take a look at last week's video as well as some set ups we are watching for the coming week!
UBERLooks like some bad news hit Uber again with UK drivers becoming "employees" not 1099 contractors.
Also the change to reclassify the UK workers will mean that UBER will pay $300m in order to make this change & comply. I stay long and suggest buying between the levels I marked off. The CEO Dara Khosrowshahi has said that UBER eats has made this a completely different company & I can see this as well with UBER eats now disrupting food delivery plus COVID 19 restrictions.
Also Wall ST is so super bearish uber so I stay long (got to take the opposite side of that).
My theory is that the Wall St banks & funds parade their talking heads all over the MSM shit talking UBER to suppress the price & accumulate. Don't believe me I have a good example Amazon.
DYOR guys and make your own choices.
LONG UBER / MARCHBroke out off the falling wedge + About to break resistance + Hidden bullish divergence. It´s just a matter of time. And it´s also really easy to manage your risk.
