UBER - Short
Shorting the most recent pump in the S&P. My view is that we have yet to see the lows in the market as many states and countries extend the Stay-At-Home orders.
More downside to UBER:
1. Fewer requested rides going forward until the virus gets under control.
2. Virus has now infected 1M individuals globally and the U.S. does not expect the apex to occur until the end of April.
3. Competition from other food delivery options.
Looking at the indicators, both the RSI and MACD are beginning to turn.
More downside to UBER:
1. Fewer requested rides going forward until the virus gets under control.
2. Virus has now infected 1M individuals globally and the U.S. does not expect the apex to occur until the end of April.
3. Competition from other food delivery options.
Looking at the indicators, both the RSI and MACD are beginning to turn.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.