NYSE:UBER   Uber Technologies, Inc.
It's back at a major pivot of 38.52.

If/when this eventually recovers to the bulls, it could well do it in the form of an inverse head and shoulders with multiple shoulders. How it behaves on a new longer term higher high will be telling.

$35-39 is my first cautious accumulation area. Broader market will determine a lot. In my opinion we're entering a scary time for growth investors and so careful accumulation will be important looking out 1-2 years.

I'm considering LEAPs, possibly targeting the 100B market cap mark which is about $46/share. $45 strike Jan 2024 calls are currently $8.60. To collect credit against along the way. Hmm...

כתב ויתור

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