$UBER with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $UBER after a Positive over reaction following its earnings release placing the stock in drift B.
UT8 trade ideas
Uber Share is Testing Its Major Support LevelUBER share price is going in an unclear trend in general, with many bullish and bearish price gaps, which it is soon to fill quickly, and it is currently trading at the bottom of a narrow and sharp descending channel extended since the beginning of November. On the other hand, UBER share is trading below the short and long-term exponential moving averages, in a severe bearish sign at the moment.
As for now, and on the daily chart, we keep an eye on the support level of $26.30, in case the UBER share price fails to stabilize above this level, we may witness another pullback towards the level of 24.66.
On the flip side, if the UBER share price was able to recover the EMA-25, then we target the return of the UBER share price to levels of $28.83-29.73 (the shaded area in yellow). If UBER share price manages to recover the EMA-200, we may also witness a recovery of 33.13 level in the coming weeks or months.
Realistic Uber!From the ideal imaginary blue line to the actual awful red arrow to the bottommost of the hell. Uber is depreciating, a bouncing dead cat. It could perform better ... NO FUTURE stay away OR short and cover in 20.
Uber - Showing signs of leader
Claimed VMA on 3D chart +++
Hanging below confluence of 200DMA and VMA. Any futher tightening at these levels would set this up perfectly for breakout. ++
volume shelf 30 is already tested. Above, 45 will come fast. Still early, but showing great strength over the last few months in a terrible market condition. Must watch for next few months.
UBER Break-out above the Bull Flag. $34.20 and $38.00 eyed.Uber Technologies (UBER) broke today above the Bull Flag pattern os September and at the same time the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line). By doing so it reached the 1W MA50 (red trend-line) for the first time since September 15 where it had an emphatic rejection.
Today's break-out is major as the 1D RSI also broke above its Lower Highs trend-line, so we turn bullish again on Uber, targeting the $34.20 Resistance and if we close above it, then the 1W MA100 (green trend-line) in extension around $38.00.
Our long-term target for this stock is $48.50, which is the -1.0 Fibonacci extension and interestingly enough, happens to be below the October 2021 Resistance.
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UBER: A top signal under a resistance? Post-Earnings analysis.• UBER is doing some interesting technical movements, even with the increased volatility after earnings;
• UBER went up just to hit the previous resistance at $30.24, a previous support from Oct 06;
• While I’m writing this, UBER is trying to do a Shooting Star candlestick pattern, a top sign;
• If UBER confirms a top sign, just under a resistance area, then we might expect a correction;
• Therefore, if UBER corrects to its 21 ema around $27 - $28, it won’t be a huge surprise;
• In order to avoid this, UBER has to react as soon as possible and break the $30.24;
• If UBER breaks its resistance, the next target would be at $33.38 (green line).
Remember to follow me to keep in touch with my analyses!
UBER Uber Technologies Options Ahead of EarningsLooking at the UBER Uber Technologies options chain, i would buy the $31 strike price Calls with
2022-11-18 expiration date for about
$0.63 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
UBER Earnings Week.Uber is currently creating a Bullish Flag Price Action Formation. If Uber exceeds and/or meets expectations, there is a good chance of bullish momentum after the $28.29 price point is broken.
UBER // Inverted shoulder head shoulder formationInverted shoulder head shoulder formation
Let's look for closures where I specify with X
UBERI like this company and the chart looks bullish to me. Watching for break above respected fib line and could present as a long with earnings close at hand.
Update on Uber; Bouncing Dead CatEverything is going according to the plan. No chance to survive. It will be below 20 after E.
$UBER is this shorting into the hole?Even in good times for $UBER it has not been a money making venture. Private taxies could make money but UBER cannot. Drivers after costs and wear tare on their own vehicles do not make money. Will this taxi company in technology clothing find its way to profitability. I think not. What do you think?
UBER, Long-term investmentGood part of the day, people. That's my view on UBER stock price. According to technical indicators, price movement and my instinct I have come to this conclusion: UBER is going to roar the next two years.
Disclaimer: It's not a financial advise and do your own research.
$UBER short ideaHello dear Traders,
Here is my idea for #UBER
Price below purple trigger line to enter trade.
Targets marked in the chart (black lines)
Invalidation level marked with red line
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
Please, support my work with like, thank you!❤️
Uber island and head and shouldersUber is dropping hard today. Horrible looking island and head and shoulders pattern.
uber made a good earn and revenueas we see uber made agood earn and revenue and co is going to made better revenue in years but the chart is down for long time
i think it is the end of down trend
decision zonei really like the short setting up...i want to see some buying from the gap down THEN i want that gap from 02AUG to fill
UBER daily bearish hammerUBER daily bearish hammer end of wave 5 increasing volume. Stop loss above local highs, take profit to the local bottom.
$UBER with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $UBER after a Positive Under reaction following its earnings release placing the stock in drift A.
UBER: A bullish reversal pattern! Will it REVERSE?• UBER is reacting today, however, this reaction alone is not good enough to characterize a true bullish reversal;
• Today it is doing a Piercing Line candlestick pattern just above the previous support at $27.10 (black line) – a bullish reversal structure;
• Although this is a decent reaction, it seems it is too soon to tell if this reaction will last long enough. As far as I know, the trend is still bearish, and UBER is heading to fill the last gap at $24.62;
• In addition, UBER did a Double Top chart pattern at $33.78, which indicates more sell-off in the mid-term;
• Could UBER perform a better reversal sign? Yes, but it must not frustrate this Piercing Line candlestick pattern (meaning, it must not lose yesterday’s low at $26), and it must close above the $27.69 (dotted line);
• Why above the $27.69? By doing this, it’ll frustrate the Double Top chart pattern I mentioned above. This point is the previous bottom seen on September/August and the trigger point of this Double Top;
• Only if UBER does both things I’ll see a recover to the $33 again (mid-term). The volume must increase as well, as it has been quite low recently.
I’ll keep you guys updated on this. Remember to follow me for more analysis like this! Keep in touch.
Beginning of an End (Update on Uber 3)Uber is at the peak of driver's dissatisfaction. Will bribery rescue it once again? No.
It is beside the company's debts and cyber security weakness.
It got no future...
Selling Uber Swing low.Uber Technologies - Short Term - We look to Sell a break of 27.59 (stop at 29.51)
Daily signals are bearish.
A Doji style candle has been posted from the high.
The primary trend remains bearish.
The previous swing low is located at 27.69.
Daily pivot is at 27.69.
A break of 27.69 is needed to confirm follow through negative momentum.
Buying at the start of the week has stalled and prices are reversing.
Our profit targets will be 23.11 and 21.11
Resistance: 33.00 / 35.00 / 37.00
Support: 30.00 / 28.00 / 25.00
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