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Uber Technologies, Inc.Uber Technologies, Inc.Uber Technologies, Inc.

Uber Technologies, Inc.

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UBER trade ideas

Uber Might Be Driving HigherUber Technologies has consolidated for the last two months, but some traders may think it’s still driving higher. The first pattern today’s chart is the basing pattern that began in August. UBER managed to remain above its July low, even as the broader market tested levels from June. That may reflect relative strength and indicate it’s under accumulation. Second is the more recent pair of rallies and pullbacks, each with higher highs and higher lows. They could be viewed as bullish flags. Third, those bounces occurred above the 50-day simple moving average. Is the intermediate-term trend still rising? Finally, MACD has started rising in the last three weeks. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing in cryptocurrencies involves significant risks. Please click here for TradeStation Crypto’s risk disclosures on investing and trading in cryptocurrencies. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .
NYSE:UBER
by TradeStation
Uber has engaged in a long short battleUber has engaged in a long short battle This chart shows the weekly candle chart of Uber Company's stocks from the end of 2020 to the present. The top to bottom golden section of February 2021 is superimposed in the figure. As shown in the figure, the lowest point of Uber's stock in June 2022 hit the top to bottom golden ratio at 3.272. The low point in May this year and the high point in June are also the top to bottom golden ratio at 2.000 and 1.618, respectively! In the past 9 weeks, Uber's stock has engaged in a long short battle against the top of the chart against the 1.382 position in the golden section, without a clear choice of direction to break through!
NYSE:UBER
by Think_More
Buying Uber on dips.Uber Technologies - 30d expiry - We look to Buy at 45.45 (stop at 42.95) Daily signals are bullish. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. We look to buy dips. The 50 day moving average should provide support at 45.20. Dip buying offers good risk/reward. Our profit targets will be 51.45 and 52.45 Resistance: 49.49 / 50.00 / 52.00 Support: 47.28 / 45.25 / 42.95 Please be advised that the in formation presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group
NYSE:UBERLong
by VantageMarkets
$UBER - Rising Trend Channel [MID-TERM]🔹Rectangle formation produced a POSITIVE signal at the break through resistance at 29.76. 🔹The target price of 38.72 has been achieved, but the formation continues to indicate a consistent direction. 🔹In case of a NEGATIVE reaction, support at approximately 43.50. 🔹Technically POSITIVE for the medium long term. Chart Pattern: ◦ DT: Double Top | BEARISH | 🔴 ◦ DB: Double Bottom | BULLISH | 🟢 ◦ HNS: Head & Shoulder | BEARISH | 🔴 ◦ REC: Rectangle | 🔵 ◦ iHNS: inverse head & Shoulder | BULLISH | 🟢 Verify it first and believe later. WavePoint ❤️
NYSE:UBERLong
by wavepoint99
(UBER) 1H - Bull Reciprocal AB=CDPrice printed an Entry Confirmation line(horizontal fat purple) and after a morning pump tested the line finding support near the lower keltner channel and near several potential support lines. It rallied hard the next bar; closing above the ECL. An hour later it is retesting the ECL and I went long with an average price of 45.31. Price is now near an intersection of a multi-pivot line and an upsloping action/reaction line. Note RSI is just below it's 38.2 reading(it's apparent over sold level in this 233 bar frame). Price can certainly dip lower to target2 of the Bear AB=CD(red pattern) where it will find the root number of a potential Bull .618 AB=CD @44.69 and a multi-pivot line just below that it will have to contend with. If the market has fallen out of bed and we are in for a deep correction I will certainly be stopped out of this risky setup(note the lower highs and lower lows). My stop is at the HOP level to the potential .618 AB=CD. A more conservative approach to entering this long trade would be to watch for virtually immediate support here or at 44.69 and buy a confirmed breakout of the downtrend line; at which time one would presume a major low pivot to be in place(justifying gunning for higher targets as a function of trend). DYDD
NYSE:UBERLong
by moleman340
(UBER) 1H - Bull Reciprocal AB=CDI am waiting on this Bull Reciprocal AB=CD for an entry confirmation line to print. Once it has, a test and re-test of the line is the trigger to find a long entry. This type of vetting process provides more certainty about the presumed pivot at the cost of sometimes missing the entry. In contrast, the harmonic stalker's faith-based entry occurred below the PRZ when price interacted with the lower 0-4 reaction line and a local multi-pivot line. This type of entry often provides great location and superior risk/reward. I'm a Johnny come lately via scans so I missed that entry.
NYSE:UBERLong
by moleman340
Uber's Profit Surge Amid Stock Slump - What's Next?Uber Technologies Inc, the prominent American ride-hailing company, has recently reported its first-ever operating profit, signifying a successful shift to profitability. The company posted pre-tax earnings of $326 million (£255 million), a significant improvement from the previous year's operating loss of $713 million (£558 million). The turnaround is primarily due to a 22% increase in booked trips, indicating a surge in demand. Despite Uber's positive financial performance, the stock market responded unexpectedly with a 5.68% drop in Uber's stock price on the Q2 earnings release day. This event serves as a reminder of the unpredictable nature of financial markets, where stock prices don't necessarily align with a company's earnings due to various influencing factors such as market sentiment, economic indicators, and global events. Despite the recent decline, Uber's stock price has reached a significant support level, previously last year's high. This level could potentially act as a foundation for future trends and if the price strongly rebounds from this level, a significant upward move might be forthcoming. However, investors should remain cautious of the notable $50 resistance level just above the current price, which might hinder the upward trend. If the price surpasses this crucial mark, there is potential for a significant upward trend aiming for the all-time high of $64.05, a level not seen since February 2021.
NYSE:UBERLong
by Sublime_Trading
Lyft and Uber's Contrasting Performance (UBER:NYSE)Introduction In the competitive ride-hailing industry, Lyft and Uber are experiencing divergent trajectories. Despite Lyft experiencing consistent revenue growth, an inefficient expense structure has been undercutting those gains. Meanwhile, UBER has been focused on improving their profitability and expanding their market leadership of the ride-share economy with some unique and strategic initiatives. This analysis delves further into the contrasting performance of these two companies. 1. Uber's Market Opportunity and Leadership Uber's advantage lies in its larger market opportunity, which allows it to reach more customers and operate in diverse regions. The company's formidable market leadership gives it a competitive edge over rivals, including Lyft, allowing Uber to expand its presence and consolidate its market position. 2. Capitalizing on the Sharing Economy Trend Uber has effectively harnessed the growing popularity of the sharing economy. As consumers increasingly embrace ride-hailing as a convenient and cost-effective transportation option, Uber has reaped the benefits of this paradigm shift, driving its continuous growth. 3. Improving Profitability and Rider Loyalty Uber's relentless focus on improving profitability has resulted in positive outcomes. The company's efforts to streamline operations and optimize costs have bolstered its financial health. Additionally, Uber's introduction of subscription membership and other innovative initiatives have strengthened rider loyalty, contributing to sustained growth. 4. Path for a Sustained Rally A positive outlook for UBER is supported by strong fundamental results, even though their stock has almost doubled year to date. Investors have responded positively to Uber's performance and growth prospects, fueling optimism for the company's future trajectory. Conclusion Lyft and Uber's diverging performance in the ride-hailing industry reflect their respective strengths and challenges. While Lyft grapples with operational hurdles and cost structure, Uber thrives on robust growth and market leadership. Capitalizing on the sharing economy trend, improving profitability, and fostering rider loyalty have been pivotal in Uber's success. As Uber continues to seize its larger market opportunity, investors remain optimistic about the company's potential for sustained growth and value appreciation. However, it is crucial for investors to stay attuned to the evolving dynamics of the ride-hailing market and make informed decisions based on their investment objectives and risk tolerance. This content is provided for general information purposes only and is not to be taken as investment advice nor as a recommendation for any security, investment strategy or investment account.
NYSE:UBERLong
by CapitalMarketsEliteGroup
1
UBER Technologies Options Ahead of EarningsIf you haven`t sold UBER here: or reentered here: Then analyzing the options chain and the chart patterns of UBER Technologies prior to the earnings report this week, I would consider purchasing the 50usd strike price Calls with an expiration date of 2023-8-18, for a premium of approximately $1.66. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NYSE:UBERLong
by TopgOptions
1