1UBER trade ideas
$UBER Reversing that downtrend off support Long position holding nicely with a nice bounce off the 200D MA, looking to fill the gap.
UberThe bullish trendline was broken at $51.32. The daily trendline angle is at 11 degrees which is another indication that the bullish trend is loosing steam. Price looks to be testing the equilibrium price to fill a gap from May 5th 2021 before dropping to fill the price gap from Nov 4th 2020.
If price breaks the supply level at $61.36 then wait for price to retest that level to become the new support.
There is no such things as 100% wins. Always proceed with caution and conduct your own analysis.
*Not Financial advice*
UBERFor uber it is also similar to DKNG it is currently testing what was once previous support as resistance.
There is no bullish divergence.
If it fails the bearish backtest of the red line, it will possibly find support on the previous local resistance highlighted by the green bar. Set an alert there and above the red line in case it breaks upward.
DO NOT CHASE GREEN CANDLES
UBER looking UBER GOODSo many time frames showing great value in UBER combined with the fact that this is a reopening play, in my opinion UBER has fantastic potential in the following months.
DAILY
UBER is now testing a support which it has already tested 3 times and held. Currently oversold on both RSI and MFI. The combination of being oversold in BOTH MFI and RSI has been of significant value for me in finding undervalued
stocks with great upside. MACD is also below the 0 line and will look to climb back up.
WEEKLY
Currently hovering around the 43 dollar support and has retraced back to .382 fib retracement done from 34.5 takeoff to 64 top.
4 HR
Clinging onto its VPVR range between 43 to 45. Lets see if this can hold.
1 HR
Bullish divergence on MACD, RSI and MFI.
STOP LOSS AT 42.5 INCASE IT GAP FILLS BACK TO 36.5 ON DAILY. TARGET IS GAP FILL TO 50 ON DAILY AND BEYOND!
UBER (DAILY TIME FRAME) GENERAL ANALYSISUBER beat its earnings estimates however, it missed on its first quarter revenues. As a result, UBER gapped down after its earnings report and in my view is currently on a downtrend and I would operate under that assumption until it fills that gap. Conservatively speaking I'm looking for a gap filled price that closes with a daily price of about $53.
Based on everything I'm seeing I would look to short UBER when it provides some form of mean reversion at -2ATR or a more favorable -1ATR.
Looking at potential Buy opportunities I would look to the weekly time frame and I would look to start scaling in my position at -2ATR with a price of around $42.50-$41.75.
(Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this site, expressed or implied herein, are committed at your own risk, financial or otherwise.)
long term buy opportunity uber NOT financial advice
This chart show where i look for to buy , now corona is slowing down, people can go back outside and take an uber.
So the company can do it better than last year.
This is a long term holding stock from me.
i got 2 buying opportunitys for me atm so what does that mean?:
if you have 1000$ to invest:
-1 buy order i buy for +-160 dollar
-2 buy order i buy for +-320 dollar
so i got another 520$ for another buy order when it goes lower
Remember : its just my idea
Uber Technologies Inc 🧙Uber Technologies is a technology provider that matches riders with drivers, hungry people with restaurants and food delivery service providers, and shippers with carriers. The firm's on-demand technology platform could eventually be used for additional products and services, such as autonomous vehicles, delivery via drones, and Uber Elevate, which, as the firm refers to it, provides "aerial ride-sharing." Uber Technologies is headquartered in San Francisco and operates in over 63 countries with over 110 million users that order rides or foods at least once a month. Approximately 76% of its gross revenue comes from ride-sharing and 22% from food delivery.
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UBER - Buy The Dip Hi, this is my update for UBER. In the last 3 days UBER has fallen more than 20%, we have lost the SMA50 and SMA100, but I think we have now reached the bottom, since we have support level around $45.90, SMA200 (46.74) and RSI is now under 30 so that means that UBER is oversold and it is time for shorts to cover in. So be prepared and don't PANIC ;)
$UBER channel down$UBEr forming a channel down and managed to hold a critical support today. If it retests tmr and holds, then I see a run for a bit.
Tweezers Bottom on UBER?Hello Tradingview community! UBER is extremely oversold, and we have a
tweezers bottom above the support at 50.84. Also a good risk-reward trade!
Good luck!
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See you soon,
Melissa.
UBERALL experimental projectionThis idea is another experimental approach to project future movements. What I did was, taking the pricegap as reference for the golden pocket in a reversed Fibonacci retracement so a target can be projected. A bit like what the extension tool does but from another base value. That shows us that this trend could burn out around $78.80 and refuel around $36-38. I don't work with time projection so let's see how this one plays out!
*DISCLAIMER* This idea is only for the purpose of sharing ideas -> NOT investment advice,
any feedback from aspiring traders and experts are more than welcome.
Always keep in mind not to enter a trade to soon and remember to take profit along the way.
Stay safe, stay profitable & may the odds be forever in your favor ^^
$UBER can rise in the next daysContextual immersion trading strategy idea.
Uber Technologies, Inc. develops and operates proprietary technology applications.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $60.35;
stop-loss — $58.14.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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Uber Gearing up for big move to upside?The daily chart prime for another run to the upside. With earnings on May 5th, we could see some volatility that might hinder our set up. The major indices have been pretty strong lately so we shouldnt be too concerned with a market pullback threatening this setup until we see a reason to believe otherwise.
Bullish on UBER(This is not financial advice)
Hello everyone, pretty simple play on on UBER here as the economy starts to reopen a lot of analysts are bullish on this stock.
We are looking for a buy signal on the MACD and are looking to breakout of thus Ascending Triangle. I setup resistance and support with the green and red lines.
Let me know what you guys think in the comments and with a like and follow.
Thank You!
- Vlaire
UBER 🌦Earnings in 10 days still convinced this will drop further. I need that 22 % drop before I look for calls. This pattern should be good for call credit spreads aka bear call spreads. Remember when you're doing an earnings play its best tho refrain from using vanilla calls or puts because IV crush could decimate the value of your options. Stay tuned!
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Buy UBERUber could be starting it's 3rd wave of its final 5th. UBER has painted a beautiful Impulse wave thus far and I don't see why it would stop now. all fib extension and measurements line up perfectly.
