Uber Technologies, Inc. ( $UBER ) is one of the super and best stock to buy and offering possible buying price between $44.16 – $46.37, as of June 10th , 2019. Let’s look at the stocks technical actions using a daily chart.
2. The stock was in a sideways move since the IPO and likely formed an IPO base.
3. The volume also dried up during the sideways move.
4. The stock moved up on the right side of the base, as the volume picked up.
5. The stock finally cleared the resistance on decent volume.
6. The potential buying price would be $44.16 – $46.37.