Uber.. Time to ditch this ride ??Uber (UBER) has given its passengers an almost 60% ride since its late December low.
We have currently traced out a bearish Harmonic Bat pattern.
So It may be time to jump out.
Ideally this would be at a slightly higher level say the $37.50 area, if we return there.
Again... we need general market softness and a downward shift in momentum.
DYODD as always
I will update as needed.
Good Luck.