MMHVW - this is a classic chart showing the second day of Uber going public. They may have picked the wrong time to go public. Wouldn’t it be nice pick up some in single digits?
Looking for Uber to push higher to the top of this range it's currently defining. New indicator I'm using here and there shows a bottom detected earlier today and some strength on the intraday at close.
Hoping we push above the Green line and on to $45.30 area. Still enjoying Uber price movement, IPOs are hard to predict but IP and Ubers expansion into other...
Not financial advice. I’m not a financial advisor. I’m learning to trade. Learn to trade!
Still on course for a possible breakout of a possible ASC TRI
Looking for a break of the $45 - 45.75 resistance in the next 1-2 weeks. Targeting $49 ish.
Disclaimer: This is my speculative opinion and is not financial advice.
Not financial advice. I’m not a financial advisor. I’m learning to trade. LEARN TO TRADE.
100% risk. 100% shot in the dark. 25% trade max. Not enough history on this chart, 1 month old.
Target of $53+ by June 27th if there is a chart pattern. “Good luck trading”
NYSE:UBER Technically speaking UBER has been trading with a more positive than negative bias since its inception.
There are many risks for this company going forward and for that reason we would like to explore options trades that benefit in prices dropping. (or even rising)
I have designed this trade to benefit more from a plunge (40% or more) in UBER's...
Anybody shorting #Uber tech.
I have not heard or read anything positive on the company so decided to be on the short side.
I see this trend judging by the chart.
Anybody has same views?
UBER has now touched its all time high, this is the first time it has reached that level. There is alot of supply left over from the IPO day and people will be selling at $45. I will play this retracement back into the moving averages for roughly a 5-6% profit in a short play.
There is reverse Shoulder Head Shoulder pattern. Simple moving average (3) is above the neck level. In addition to that OBV volume level is above the resistance level at SHS pattern zone. Target: 44.00, Stop level 41.00, ROI(Return on Investment) = 1.5 usd profit per share / 1.50 risk per share = 1 that means the return on investment of this share has neutral risk level.
Strength on UBER recently has me interested. 10K still doesn't add up to what this trades at but I do like the intrinsic value they have built. I'm a small buyer sub 42 right now but think this moves higher in the coming months - assuming the market can be calm. Hard company for me to pull the trigger on and be confident with in the short-term. More earnings calls...
