Uber - Potential bearish pennant
Pennant are generally continuation Pattern. Sometimes, very rarely they work as inversion pattern
The trading idea can be to sell at the current level and get out as per below two options:
Option A - Bearish up to level 25.00
Option B - Bearish up to level 24.00
The trading idea can be to sell at the current level and get out as per below two options:
Option A - Bearish up to level 25.00
Option B - Bearish up to level 24.00
Note
Volume does not reflect the Technical pattern. it might be a warning for us traders.
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.
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.