Test & Reverse

The last update on UBER, identified a potential downside reversal link here.
At that point, it was in ‘test’ phase.
Since then, UBER has posted a new weekly low, confirming the test and now, a reversal (not advice, not a recommendation).
Stay Tuned
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Note: Posts on this site are for education purposes only. They provide one firm’s insight on the markets. Not investment advice. See additional disclaimer here.
The Danger Point®, trade mark: No. 6,505,279
Weakness is creeping into bank stocks too…
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Thanks,
Watching all this on a daily basis in real-time, one gets the sense the whole shebang is going to implode … but I would never say that publicly … oh, wait 🙂
Paul
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