UBER is forming a correction wave pattern which may come down to support around the 48.5 level. This chart and price action is also developing a head n shoulders pattern. The 48 level will be the neckline for a further breakdown.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.