Mulai
ElliottWaveBelgium

UBER - 70 or 80 before another consolidation ?

Pembelian
Uber Technologies, Inc. (NYSE:UBER)  
ElliottWaveBelgium Diupdate   
NYSE:UBER   Uber Technologies, Inc.
Trend Analysis Wave Analysis Beyond Technical Analysis uber elliottwavebelgium LONG riskreward
4
0
trendanalysis waveanalysis beyondta uber elliottwavebelgium long riskreward
Price is breaking out of this Triangle red wave 4 consolidation and we have an impulsive wave on the smaller time frame chart.

It looks to be finishing a fifth wave now therefore we can expect a pullback towards 55/56-ish before seeing it continue higher again.

The setup is of course invalidated if price drops below 51.80.
Komentar:
UBER - Made a nice pullback as expected but it might not be over just yet as current rise might be just a wave 4.
You can go long now or wait for a longer base to form first.

snapshot
Komentar:
It seems the correction was indeed not over but there's a high chance now that it did finish now.
A move above ~55.5 without going below 53 ideally should take this towards 70 at first.
snapshot
Don't forget to like, share and follow !

Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public

Thanks !
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.