Uber Technologies Inc (UBER) “On a long-term technical basis, the stock (UBER) is trading above its 200-day moving average which implies it is in a positive trend.

The stock has support at 32.00 and 28.90. If the stock breaks down through support at 32.00 then it will probably continue lower to 28.90. The stock has resistance at 37.95 and at 41.86. If the stock breaks up through resistance at 37.95 then it will probably continue higher to 41.86. The 200-day moving average is at 31.51. This will also act as support. The stock has broken out of its long-term downtrend and is looking more positive recently. If the stock can form new support above 32.00 look for a rally to previous highs. The stock is slightly overbought according to the Stochastic Indicator (74.66).”