Uber: Short Trip

UBER briefly dipped back into the magenta Target Zone between $52.89 and $68.19 after our last update, but has since fully recovered from this setback. Investors therefore once again had the opportunity to open long positions. We continue to keep this range active, but primarily expect an imminent rise to well above the resistance at $81.87, where we anticipate the high of the superordinate wave 3 in turquoise.