This is a cup and handle pattern on the daily in UBER. I am bullish with a stop loss at $65 and a first Profit Target at $80. If the S&P shows buying strength in the I will open a position.
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Price is sneaking up on the resistance properly, if this price breaks 74 in the next couple days, buy to open at $74.10 will be a nice entry.
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still not in the trade yet. price still dinking around the cup handle, setup is still valid and in need of upward price movement or this setup will become invalid
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Still watching this stock. Handle is forming nicely.
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