Flat tire or reversal?

تم تحديثه
Trending downward after failing to break resistance at 39.
Holding support would be an opportunity to go long, however breaking support 29.50 is likely.

Headwinds:
California state law to provide benefits to all drivers is still out there, this could have a significant impact of UBER/LYFT.
COVID outbreak shouldn't have too much of an impact for UBER as they have continued to expand UBER EATS.
EPS was a negative prior to 2020 and still a problem.

Tailwinds:
UBER EATS growing above expectations
Increase usage of ride sharing services

أغلقت الصفقة: تم الوصول للهدف
Nice Run!
أغلقت الصفقة: تم الوصول للهدف
Life coming back to normal - UBER has done well for us
Trend Analysis

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