Short UBER Aug 29, 2022 10:08 AM Pacific 28.98 Stop = 33.47

Friends, get all your FA scoop on UBER from the rideshare Professor. He is the best at info on UBER's shenanigans. There are others out there too but they are too soft compared to the Professor.

I do TA, no time for FA. So rideshare Prof. is a boon to me.



 
Pekelo said:
Chart-wise, it should go up, but I assume it is an earnings play.
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I'm going strictly technical because of the bear market rally. The company is a fiasco but technically its a downtrend with a counter trend rally.

I'm going with that.

Major problem with this outfit technically is the lack of DATA. Its relatively new company. But I have to make do with what's available.
 
Pekelo said:
Chart-wise, it should go up, but I assume it is an earnings play.
More...


I'll have another look at it later today after things settle down a bit. I'll put a grid on it and some trendlines too, and see what comes up. But thus far I'm going with my call
 
You did not explain what happened on 2 Aug 2022.

So I'd consider this trade as lazily planned.
And I'd give this trade < 50% success rate.
 
maxinger said:
You did not explain what happened on 2 Aug 2022.

So I'd consider this trade as lazily planned.
And I'd give this trade < 50% success rate.
More...
They reported positive cash flow for the very 1st time since IPO and now it's on an PEG retest. Probably the worse ticker to short rn.
 
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