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Uber (UBER) Inside Day Setup as Large Base Forms

Uber (UBER) Inside Day Setup as Large Base Forms

by | Jul 19, 2022 | Chart SetUps

Uber (UBER) shares formed an inside day Tuesday after closing above the 21 EMA and now clearing a small downtrend from early June with potential to test the top of monthly value at 24 and fill a gap near 25.30. Simple level to trade against the 22 level if the 21-EMA holds as support near monthly VPOC then UBER can squeeze higher into earnings in early August.