Uber Technologies, Inc provides a platform that allows users to access transportation and food ordering services. The Company operates through two segments: Core Platform and Other Bets. The Core Platform segment consists of Ridesharing and Uber Eats. The Other bets segment consists of Uber Freight and New Mobility platforms.
- Uber is about to break Downtrend line
- once price breaks 23.60% all time retracement it will push even higher
- Expected zone is close to 50% retracement within few months
- A good risk to reward ratio trade setup
- Keep an eye around 27 to 29 area for more buying opportunities
