UBER Downward Break From Ascending Triangle | TP $21.67

UBER about to break out downwards of ascending triangle. DM+ / DM- projected to meet in 1-2 days confirming downward sales pressure. Climb pressure has been declining suggesting strong break-out about to occur. RSI has already begun to come down from local maxima.

Take profit set at 21.67, the next local resistance. May come down as far as 13.71.
FibonacciSupport and ResistanceTrend Lines

Penafian