$Uber(UBER)$ 🚘 B̥ U̥ L̥ L̥ I̥ S̥ H̥ 📈🎯$80
➕🚘✅ A͎d͎d͎ UBER t͎o͎ y͎o͎u͎r͎ w͎a͎t͎c͎h͎l͎i͎s͎t͎! ✅🚖
🚕✨ Uber’s Next Ride: Breakout in Sight? 📈🔥 ✨🚕
Kia ora Tiger Traders!
Uber Technologies ($UBER) is looking like the stock to watch as we close out the year. My analysis shows a dragonfly doji candle 🐉 at the bottom of the right shoulder on the chart, a classic signal for a trend reversal upwards. Could this be the green light 🚦 for a bullish breakout? Let’s dive into the technicals!
📊 Pattern Analysis Highlights:
• Uber’s upward channel 📈 is strong, and past breakouts have validated this trend.
• The dragonfly doji 🪶 from 02Dec24 often signifies a change in direction. This setup aligns perfectly with my analysis for a breakout to new highs 🚀.
• Support and resistance levels are clearly marked, showing Uber is at a critical pivot point 🧭.
✨ What the Charts Say:
Uber’s current trendline has held firm, with institutional flows 💼 likely supporting this base. My chart breakdown shows:
• 📈 Upside potential: Uber could aim for $80 in the short term and $100+ in the longer term.
• 🚀 Historical validation: Every previous move within this channel has resulted in significant price gains 💹.
🔍 Fundamentals Backing the Chart:
• Uber is leading in the ride-hailing space 🚖 with strong AI-driven innovations 🤖, improving efficiency and profitability.
• Analysts remain bullish 💚: “Uber’s poised for a 20% upside by Q1 2025,” says [Analyst’s Name].
• With rivals like Lyft under pressure, Uber is solidifying its dominance in the sector 👑.
📉 Market Indicator Check:
• RSI shows bullish divergence 🟢, a clear sign of buying momentum.
• MACD is turning positive ➕, often a precursor to strong upward moves.
🔥 Community Spotlight:
• Institutional investors 🏛️ are pouring in, validating the strength of the setup.
• Dragonfly doji patterns have a history of accuracy, could this be the signal 🚨 that Uber is ready to skyrocket?
🗨️ Hey Tiger Traders:
What do you think, will Uber dominate the ride-hailing market and hit $80? Or is this just a pause before the real move? Let me know your thoughts below!
✨ Fun Fact:
Did you know Uber accounts for over 70% of ride-hailing market share in North America? That’s dominance on wheels! 🚖
🚀 Action:
Follow me for more high-probability setups like this, profits galore and share your take on Uber’s next move. Let’s spot the winners together!
Happy trading ahead❣️ Cheers, BC 📈🚀🍀🍀🍀
@Tiger_comments @TigerPM @Daily_Discussion @TigerStars @TigerPicks @TigerObserver @TigerGPT
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I found some bullish news articles related to Uber. Here are the headlines:
Uber (NASDAQ:UBER) Brings Its Own Robotaxis Out in Abu Dhabi: The article discusses Uber's launch of autonomous vehicles in Abu Dhabi, marking the largest commercial robotaxi service outside the U.S. and China.
Uber And WeRide Partner For Robotaxi Service In Abu Dhabi: This article highlights the partnership between Uber and WeRide for the robotaxi service in Abu Dhabi. The service aims to expand its operating territory in the future.
Uber And WeRide Launch Autonomous Mobility Service In Abu Dhabi (Reuters Brief): The brief news states that Uber and WeRide have launched an autonomous mobility service in Abu Dhabi, with plans for a fully driverless commercial service in 2025.
Uber Technologies, WeRide Launch Autonomous Taxi Service in UAE's Abu Dhabi: This article announces the launch of autonomous ride-hailing services by Uber and WeRide in Abu Dhabi. The service is currently manned but plans to offer a fully driverless commercial service in the future.
Uber’s first international robotaxi service is live in the UAE: The article discusses Uber's launch of its first international robotaxi service in the UAE, in partnership with WeRide.
Please note that these articles focus on Uber's expansion into autonomous vehicles in Abu Dhabi. They indicate a bullish sentiment towards Uber's future prospects. It's important to conduct further research and analysis before making any investment decisions.
Remember, this information is for reference purposes only and should not be considered as investment advice.
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