UBER is approaching pivotal levels that will determine whether they can sustain moves that will not only break previous ATH's but fuel the momentum to new ATH's. On the opposite side of the same coin, those same levels may push UBER back 6 months growth.
Right now, there is plenty of discussions and movements from companies towards driverless ridesharing. We already see places like San Francisco and Phoenix where driverless cars are becoming common sights. With the push for all electric cars, self driving is scheduled to become all too familiar. How many people will try to supplement income by purchasing a self driving car that can work while they do? Will UBER phase out drivers and move to autonomous transportation? What affects will driverless ridesharing have on the transportation markets?
Through my technical analysis I see questionable months ahead for UBER. And through my fundamental analysis I see massive upside potential.
What do you see for the future of ridesharing? Comment below with your thoughts/ predictions.
Congratulations and well done for sharing your first idea with the community. Hope you will be having great experience. Thanks for your contribution. From mod @Bravetotrade
Hope you will be having great experience.
Thanks for your contribution.
From mod @Bravetotrade