UBER SHOT ( UBER ) STOP LOSS : 22.45 BUY : 25.99 BREAKOUT RETEST ENTRY TAKE PROFIT (1) : 34.56 TAKE PROFIT (2) : 41.30Shortby DanialLooPublished 3
70% loss on your CEO $uber70% drop in stock price since Dara (Iranian-family excommunicated during the 70’s) after a $200 million dollar waste of money. Imagine being an invested in this welfare company that literally relies on public socialized costs to survive, and the CEO publicly said he wouldn’t let his children inside an Uber during this pandemic. This is a GREAT time to short. Dead cat bounce Shortby Asis_Published 336
Uber puts26 Feb I bought Uber puts as the transport industry in CN was one of the key victims to the virus. US at this point had not felt the full extend of the virus and I was certain CN's economic situation was a leading indicator of what was to happen. Uber was prime also because it's generally a risky company and I expect investors to run for the hills once shit hits the fan. Shit did hit the fan and my Uber puts expire on the 27 MarShortby Ronin_traderUpdated 3
UBER Oversold Bounce| Structural Resistance| .50 Fibonacci Evening Traders, Today’s Technical Analysis will focus on UBER, with an insane oversold bounce, over 100% gain, currently testing a key resistance that will dictate the overall macro trend. Points to consider, - Oversold bounce still in fruition - Structural resistance in confluence - Stochastics projected up - RSI hitting resistance - Noticeable bull volume nodes - Daily lower high likely UBER is currently in an oversold bounce, testing a key structural resistance that is in confluence with the .50 Fibonacci level. The stochastics is projected up, still has more stored momentum to the upside whilst the RSI is testing its resistance. It is likely to break in conjunction with the upside momentum of the stochastics. There are noticeable bull volume nodes, driving the oversold bounce, this must sustain if structural resistance is to be broken. Overall, in my opinion, UBER is testing a critical level on the macro timeframe. A rejection will be in favour of the bears, putting in lower high. A break and consolidation however, will increase the likelihood of testing upper level, thus changing the macro structure. What are your thoughts? Please leave a like and comment, And remember, “In order to succeed, you first have to be willing to experience failure.” ― Yvan Byeajee by AzizKhanZamaniPublished 2222
UBER Falling Broadening WedgeSupport/resistance lines 1. $41.95 2. $33.96 Trend lines 1. The first main trend line begin with the IPO lunch and forms the support line for the falling wedge. 2.The second main trend line begin with the initial structure high at $47.16 and forms the resistance line for the falling wedge. Falling Broadening Wedge We can see the Falling Broadening Wedge forming slow with the Highest point at $47.17 and the lowest point at around $15. The resistance trend line has been touched 2 times and the support trend line has been touched 3 (4) times since the form. In the falling broadening wedges the most usual scenario is the the price consolidation when falling in that two trend lines and in some point the price to break the resistance trend line and form a breakout. RSI 1. 5-Period Rsi In that period i used it to define the main swings/waves of the charts.Based on oversold-overbought areas. 2. 14-Period Rsi In that period i used to define possible divergences. Scenario Longby we_axolotlPublished 1110
UBER 4 hr chart regardless the Positive news, i want to stay bearish for now, we'll see tomorrow what's going to happen. by mo_trader37Published 19194
Good things ahead for $UBERNYSE:UBER No one says "taxi" anymore. The brand in itself should get someone excited about being long. There is a big future ahead for Uber and I think we are definitely seeing a turn around in price. It will be over it's IPO price of $42 very soon.Longby napatraderUpdated 6
UBER: Quadruple Witching Day 3/20 PutsUber rallied 38.26% merely on the CEO's call to investors today. The CEO cited that UBER has enough cash to last throughout this crisis even though no one is certain how long it will last. I'm confident this COVID-19 crisis will last through the summer and transition into a recession. Also, Uber estimates 60-70% loss of revenue since this crisis began. Uber has been bleeding cash since its IPO. It's unreasonable for UBER to surge this much right now. So I bought 3/20 $17 Puts expiring tomorrow, which is Quadruple Witching Day. I'm hoping the volatility goes my way LOL even though many people online believe the market will rally most of the day. Here I noticed the low volume coincided with the increase in price but because of all the volatility expected tomorrow, the price will reverse and drop...is my guess. Bank of America ( NYSE:BAC ) declared that the U.S. economy is in a recession. They are probably the first big bank to acknowledge this. (www.cnbc.com) Quadruple Witching: www.investopedia.comShortby traderman001Updated 6
Prep for long $UBER with Limit Buys at $14, $13, $12, $11Elliot Wave Analysis on UBERby billtv97Published 8