LONG
- breaking through resistance
- 1W RSI with positive dynamics
- OSMA is positive
- price above 50/200 EMA
- golden crest 1D TF
- 1D TF marribon is positive and opened
- flag
TP1: 69.71
TP2: 80.22
SL: 57.17
Uber Technologies (NYSE: NYSE:UBER ) has announced its maiden $7 billion share buyback program, marking a pivotal moment for the tech giant. This strategic decision comes hot on the heels of Uber's remarkable rebound, showcasing its resilience and adaptability in the face of adversity.
Following a tumultuous period induced by the pandemic, Uber ( NYSE:UBER ) has...
UBER on a 30 minute time frame chart crossed over an anchored VWAP about January 25 and
topped January 30th then retested the slowly rising mean anchored VWAP in a double bottom
fashion on the following day. The relative strength indicator is in the 65-75 range and the zero
lag MACD cycling mostly above the horizontal zero level. I see UBER as suitably setup...
In the wake of Uber Technologies' (NYSE: NYSE:UBER ) latest earnings report, the ride-hailing giant continues to demonstrate its resilience and adaptability in the face of ongoing challenges. Despite concerns surrounding driver supply and market dynamics, Uber's fourth-quarter performance exceeded expectations, reflecting its ability to navigate turbulent waters...
Uber Technologies Inc. (UBER) has seen significant growth in the past year. The ride-hailing and delivery platform’s shares have skyrocketed 111% in the last 12 months1. This return not only far outpaced the broader Nasdaq Composite index, but it also means Uber is now hitting fresh all-time highs1.
Here are some key points to consider for a long position in...
This is a bullish strategy with a limited risk of $488 and a limited profit of $846.74.
Uber is currently in a bullish channel with a good expectation for the upcoming earning
Reverse head and shoulders, measure from the neckline to the bottom of the head. Line #1 shows this measurement, Line #2 is a clone of line one. The upside target of line #2 is a minimum target for Ubers next run!!!
Elliot wave analysis indicates that NYSE:UBER is currently in wave 3, Following a rebound from the 0.764 extension, it becomes evident that Uber is poised to advance towards the 1.618 extension, with the potential for further extension beyond, considering the substantial duration of the initial wave.
Uber is showing incredible resilience at 65 and it may resolve higher as one of the top growth stocks continues to make new highs. We'll look to see what 70 has to offer and then make any adjustments there as necessary. Good luck traders!
UBER on the weekly chart has been touching the all time high
( set nearly two years ago ) since mid-December. The relative buying volume has had some
spikes. the MACD suggests a line cross above the histogram and so some bearish tendencies.
If UBER can get over its all-time high and retest it from above another leg higher seems to be a
very likely...
RS Rating of 98, rising Quarterly VWAPs anchored to Earnings, Above its 40wk MA, New IPO highs, I have reasons to believe this security displays all characteristics of Superformance
we are almost done if not done wave 5 and now we might see a upcoming retracement. Another thing I spotted was a bearish RSI divergence. there are multiple key factors on why I think UBER is bearish.
I can see some UBER going for a correction to 58-57 area. Based on my analysis of the current financial market, I believe we are going for a surprise. At least momentarily...
When there is FOMO and GREED and everyone wants a piece so they put all their monies and go long at the tops, what do you think usually happens? ;)
I can be wrong, but hey its a game of...
In a bold move reflecting Uber's commitment to a unified and streamlined delivery experience, the ride-hailing and food delivery giant announced the discontinuation of its alcohol delivery app, Drizly. The decision, effective January 16, 2024, forms part of a larger strategy to consolidate its various delivery services, ranging from food to groceries and alcohol,...
Fits the criteria of what I'm aiming for so I went long today after missing the breakout yesterday. Stock in an uptrend... i.e. 10 / 20 / 50 ema's are all sloping upwards, declining price volatility after a large move (price tightening) along with declining volume while consolidating after a big move.
One concerning note is the low trading volume during the...
daily looks like it topped.
long wick with a lot of volume.
if it breaks support intra-day at 61.48
there are a lot of gaps to fill below.
short term bearish but long-term bullish on elliot wave formation
