Before my explanations and forecasts, why do I call Uber shares as a "Bright Future" on NYSE, let us remember some data about them! Well! Uber went public on May 10 with an $82.4 billion valuation, and it happened only the last year (2019), do you remember this? Their start wasn't so impressive... "Uber raised $8.1 billion in its offering at an IPO price of $45...
Uber Stock will keep going up **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
ALL SITUATIONS EXPLAINS MY IDEA I SEE THE PRICE WILL JUMP TO THE GREEN LINE
Chart is self-explanatory. Basically follows roadmap from my MRNA idea up to the resistance drawn.
The next potential target for Uber is at 32.26$ when the price crosses 29.52$ resistance with a strong volume. Stop loss at 21.65$.
Against the Odds and Fundamental Uber seems to go up. Volume does not support the breakout so option B could be still Open Possible options are: Long Term Analysis 4h Chart there is Continuation Pattern and Bullish Pattern: Ascending Triangle - Target price 36.00 Volume at the breakout were supposed/expected to be much higher. Short Term Analysis 30 Minutes...
Too many positives going on for it not to break out, resistance level is a tough one, tested many times - Has to be weak by now and with more support behind the rise this time.
Support/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...
NYSE: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.
Following the unbridled success of his previous call, we learned a very important lesson. The Jews run the finance game. Don't doubt him. Uber to 41 by April 1st. Buy the Rumor, Sell the News, Never Doubt the freakin' Jews
Price is clearly following the blue trend line and is nicely going back to retest resistance at $41.5 forming and ascending triangle. That happened few times before and each time price shoot up after breaking resistance. Target is above 43$ short term before a pull back to the 50 MA.
Hi all, I am new to trading and technical analysis. Just my thought- We may see a breakthrough to new highs if price action can exceed $43.49. The price action suggests bullish movement out of the 6 month rounding bottom. UBER did not have a great start but may be in position for a comeback!
The biggest overhang, besides bearish shorts, has been former CEO Travis Kalanick exiting his holdings since lockup expiration. Kalanick has sold about $2.1 billion worth of stock. He now has roughly just $600m worth of stock to sell. While some view the former CEO selling as bearish, we disagree because he was pushed out. Kalanick hit the lotto and is cashing...
Our subscribers are now up 25% since we recommended $UBER last month at $30. As we said, Kalanick's stock sales were a major drag on the stock and that once he was done selling, $UBER would climb. We were right on the money. Our next target is $42. In $UBER news: Guggenheim analyst Jake Fuller sees Uber's revenue and EBITDA outlook as favorable heading into the...
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UBER LONG SET UP! FINALY THIS IPO GETTING LOVE ENTRY 1 $35.00 ENTRY 2 $32.00 SL 28 TP.1 38.00 TP.2 41.50 TP.3 44.63
Watching the 4 hour candle close for an A+ rare trade where, after short pullback, long wick candle rejects the Pivot, AND the 14 EMA, WHILE CROSSING the 50 EMA. This looks like a picture perfect setup ladys and gents
Capitulation followed by massive volume at around $25.50. Double bottom circled in green. Gap to be filled around $41. Small gap to be filled circled in yellow. Yellow trend-line with confluent are at the gap fill. RSI has some room before it hits the yellow RSI trend-line reinforcing the idea of a gap fill n' go. Fundamentally speaking, news co-founder has...