UBER - Enjoy The Ride 🚙 Analysis #27/50

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

UBER has been stuck inside a big range between the 27.0 support and 40.0 resistance.

🏹 If we retest the green support again, we will be looking for trend-following buy setups on lower timeframes

For the bulls to take over long-term, we need a weekly candle close above 40.0 resistance. Then we can expect a long-term shift in momentum from bearish to bullish.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich