PaperBozz

UBER - Inverted cup and handle watch

Short
NYSE:UBER   Uber Technologies, Inc.
Has been forming inverted cup and handle. Break down below the neck line is bearish.
Bouncing from the neck line is bullish.
Neckline - $45
Bad case - $38.99
Worst case - $28.59
———————————————————
How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.