Potential cup and handle on 1hrtoday was a bit choppy after trump's stimulus tweet. let's see if this cup and handle goes as planned...by naccanUpdated 3
UBER Ready to Breakout From IPO BaseUBER has been building an IPO base for a while. Similar in look to SPOT and BYND before they broke out. And if you want to go to the 'way back machine' check out CHGG after it IPO'd. UBER has a chance to provide some huge returns. Watch for a break of the downtrend line and follow-through above the blue shaded area. Top of the watch list for me!Longby mroberts1204Published 222
Uber centerfold: Doesn’t get sexier than this 10 20 50 and 100 DMAs BB macd gaps volume ... all confirming a possible breakout above the long-term wedge pattern. Please wine and dine her first, gentlemen.Longby TeklologistUpdated 227
$UBERPossible Wedge Breakout Candidate (NEEDS MARKET HELP IMO) - 30Min MACD crossing over - 50D Crossing over 200D (Golden Cross) - Trying to break 38 level and top trendline Entry: 38 & Confirmation above trendline Price Target: 39-41.5 With no market help and a red day/s, look for: - Rejection off 38 level/Top Trendline - 50D Crossing under 200D (Death Cross) - Breaking of 200D/36 Support Entry: 37.16 Support after 38 rejection Price Target: 34.50 Support/Bottom Trendline by ChekDaMethodUpdated 110
$UBER 4 Month #CupandHandle #ChartPatternNYSE:UBER been consolidating its rally from COVID19 bottom for the last 4 months forming a cup and handle chart pattern with $38.50 level acting as resistance. The stock is also attempting to clear a weekly down sloping trend line (red dotted line on the chart). A daily close above cup and handle chart pattern boundary will clear both chart pattern resistance and weekly trend line triggering a long entry swing trade.Longby TaPlotPublished 4
10/04/2020 UBER Hi all, Possible cup and handle bullish pattern. Wait until UBER breaks RS1, and RS 1 becomes support. Longby aparkonPublished 6
Uber at resistance high from JuneUber closed at high from June, resistance tested 2 days in a row, it's very likely we see a retest for the 37.75 level after a breakout. W/ the news from London, it's very likely we see a test for the high before march of $41.25, a more conservative target would be fib127lvl $40. If not held, take short position and we may see it go to a higher low above $36Longby UrBullishGracePublished 110
Bullish if break $38Uber has broke our first resistance trend line. If it able to break above second resistance $38 resistance line, we will see bull trend intact. Longby probabilitytaPublished 2
Uber: "Buying the Dip" OpportunityFollowing up with the NYSE:UBER stock movement, we might see a drop into the $36 or lower as a wave 2 correction (Zigzag Pattern). If this is the case it would be good opportunity to get in from there.Shortby Waleed44Updated 221
Uber: Be long not wrongAny chart that isn’t tracking this is wrong. Breakout confirmation can be closer to 36.65 but ~$37 is sufficient. Price will target 1.618 fib level if valid.Longby TeklologistUpdated 5
UBERFailed attempt at the trend from ATH after the false breakout. Love this short below today's low.Shortby EssendyPublished 2
$UBER Double Bottom - Downtrend Breakout$UBER Double Bottom - Downtrend Breakout After moving counter-SPY during the initial pullback beginning September 3rd, $UBER pulled back to ~$33 and formed a clear double bottom. After forming this bottom it broke out of a downtrend line at $34 which has also acted as long term flat-line resistance. BTO $UBER 10/2 $35c avg $.50 Bonus Trade: BTO $ETSY 10/2 $120c avg $2.40Longby UnknownUnicorn7308096Updated 7
UBER - Still under $45 IPO PriceCheck out our previous $Uber posts for more in depth analysis. This is just your quarterly reminder that: 1. Uber is surviving the pandemic 2. Uber Eats thrived during the pandemic 3. Uber just won its appeal against the London ban 4. Uber is still below is $45 IPO price from over a year ago We're in this one overall for the long haul, but we love to swing trade here and there. $29 was a beautiful entry if you see our last Uber posts. We also liked the recent bounce off the 200 MA at $33 area. Shoot us a like and follow and we'll be back with some updates. Cheers! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.Longby MannyLoPublished 111
UBER - 30m chartSell around 34.60 for T1 33.95 T2 33.55 SL closing up 34.81Shortby Harmonic.TradersPublished 111
Uber: Correction is OverNYSE:UBER seems bullish after finishing its correction wave ( wave 2 blue ).Longby Waleed44Published 1
Uber: another wave up comingThe previous price projection was bulls-eye accurate. Uber hit the $38.5 level and switched downward. i didn't close the long there -- there's really little use of having a good projection if we don't act on it, right : ) ? V.Viewer tells us the next balance point if another move up is to happen, is somewhere between the 2 red lines $34.8 to $35.6'ish -- which is also where the 30MA on a 4hr would be. the chart tells us that if UBER can successfully overcome that zone, there's a possibility of continuation up. what does the daily chart tell us? the 1D chart looks good - especially with today' action - there's bullish long term sentiment - so the winds can carry the next move forward - and the weakness in the short-term momentum is kind of declining, switching into strength conclusion: ------------- not closing the long now and will hold - will share next projection once we have a reliable formation. feel free to share thoughts if you think otherwise. ----------------------- How do i read this chart setup we look at the price action (top chart) and recent key S/R price levels, plus the insights from 3 key elements: momentum, sentiment and buy/sell pressure - the calculated short-term price momentum is shown by the UTO blue/amber line - the long term sentiment is represented by the UTO Green/Red area graph - the demand/supply pressure is expressed by the v.viewer green/red area graph - let's call these "the context" How do i trade this chart setup - the Basic rule: nothing can predict what happens tomorrow - but if no external catalysts interfere, it's *highly probable* that a price move with strong momentum that's in alignment with the broader context (sentiment and buy/sell pressure) would continue in the same direction (e.g., a breakout).Longby RedKTraderPublished 222