Welcome to PrimeXBT’s technical analysis of the Uber, the ride-sharing company that recently launched the largest IPO of the year. News and Fundamental Analysis: This year was a year filled with many high-value IPOs buzzing around the investment industry. The company’s revenue is expected to grow by over 60%, helping it top the list of IPOs with a substantial...
Uber co-founder and former CEO Travis Kalanick dumped close to $166 million of company stock over the past three days, continuing a selling streak that began in the first week of November. The 43-year-old founder sold a little over 5.8 million shares between December 11th and December 13th, according to an SEC filing. Uber's co-founder and former CEO Travis...
I see a reversal potential and I am going to go long small position. UBER TRADING SETUP: Direction: LONG Entry: 26.87 SL: 25.51 ($1.36) TP: 31.16 Risk: 1% Risk reward ratio: 1:3 Will add at 27.65 with another 1% risk same stoploss same profit. Disclaimer: This is not financial advice Trade safe, Atilla
Hello, Traders! Monfex is at your service and today we overview UBER. Uber said that they will achieve profitability of EBITDA in 2021. After this we see fallin of its shares -9.8%. But it looks like speculative statement because of great demand near $26 . Bearish divergence by RSI has already played out. Now Uber has a triple bullish divergence, and the...
Looks like uber reached bottom and now we will see only growth. It's a bit too early to say where the price will go but in my oppinion it's a long term trade that will break previous hight and go above $50 per share. Only time will show. For now we are third day above Kijun-Sen going towards Kumo. Next Big News on 17th day ( Hosoda cycle day).