UBERBased on Technical, but mostly on fundamental analysis, Uber, for a short term analysis should go down.
UBER has to face a lawsuit claiming its illegal predatory pricing and other anticompetitive practices killing competition, including the accusation of secretly booking and cancelling rides on competitors' app.
Lyft keeps following UBER and Vice versa, it might imply that the Uber's fundamental information did not have anY impact on the priceS or, the Uber's prices already take in account in the fundamental information (BEARISH MARKET) and that Lyft stock tend to follow UBER.
Trade closed: target reached
Well Done
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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.