Uber. Third time's the charm?
I like this daily setup. A falling wedge into the volume shelf looks good for a sharp bounce.
But I think it may depend ultimately on what the broad market does. We are at an important point where volatility may suddenly spike.
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although UBER is undervalued 30% - 40%, its trading along with the industrials sector. UBER should be in tech, not industrials. But when rally happens, gonna be quick.
All noise. This will be back to $70’ in 30 days.