$UBER
Added 2024-11-27 19:03:47 +0000 UTCThe 1.618 Fib target has not changed at $101 but the bounce since $55 has not been very stable, it bounced in a V shaped recovery which to some is encouraging but means the Wave 2 pull back is weak and not structured.....it can still go higher but I think the concern here is when will $TSLA bring their AutoTaxi service to market and how much market share will it take from $UBER
The price has held the 0.618 Fib support level at $67 but it is still below the 50 and the 200 Day MA, above these levels and the blue line can be tested again at $82, flipping this level to support and the 1.618 Fib at $101 is next.
Rejecting at the 200 Day MA and a lower low is possible below $55.
Comments
$49/$50 seems like a potential solid entry?
Daniel
2024-12-14 15:57:33 +0000 UTCSame
minutedrag
2024-12-14 15:49:10 +0000 UTCWould love to see what cap think of this one with it going down since the chart above was published
Daniel
2024-12-11 19:02:43 +0000 UTC
