$Uber(UBER)$ π¨ππ Uberβs Breakout Era: Autonomy Ignites, $94 in Sight, ATHs on Deck πππ¨ ππ€ππ ±οΈ UΝ LΝ LΝ IΝ SΝ HΝπΊπ€π
$UBERβs descending wedge isnβt just a chart pattern. Itβs a pressure build-up of institutional intent. This weekβs price action feels like ignition. We have real-time momentum, a major autonomy catalyst, and fundamental underpricing all converging. Itβs not speculation. Itβs signal meeting strategy.
I closed a prior swing for a $106.06 gain at $82.13 in the overnight market. Capital rotated. Risk reset. I then re-entered in the open market once the breakout setup confirmed. This is not guessing. Itβs targeting!
π§ Technical Framework
The wedge, formed from early 2023 to now, has compressed price into the apex. We are testing the upper boundary with conviction, and the Fibonacci breakout target sits at $94.77. The moving averages are stacked bullishly, and candlesticks are grinding upward with real participation. Momentum is building, not peaking.
Institutional flow has stayed firm. Volume structure and breakout geometry are aligning. This is deliberate accumulation, not drift.
π Fundamental Catalyst βΌοΈπ¨π°
Uberβs new strategic partnership with May Mobility just launched in Arlington, Texas, the first rollout of autonomous vehicles on the Uber platform. This is Uberβs clearest play yet at scaling AVs and solidifying its position as the Autonomy-as-a-Service leader. It is not just a concept. It is live!
Tesla shares popped in the same news cycle. The market recognises the signal. Uberβs model does not rely on building the tech. It monetises it, partners with scale, and integrates faster.
π° Valuation Edge
Bill Ackman nailed it:
βUberβs current valuation represents a significant discount to intrinsic valueβ¦ we anticipate 30 percent or more earnings growth over the medium term with potential for multiple expansion.β
The gap between perception and execution is still wide. That is alpha.
π My Position
β’ Closed swing for +$106.06 at $82.13
β’ Re-entered in the open market
β’ Riding momentum toward $94
β’ Targeting a breakout above $100 and a move into new all-time highs
β’ Risk managed. Reward expanding.
This is not a story I am watching. It is one I am inside.
π Final Take
Uber was one of the top large-cap movers in 2023. Why not 2025? The chart is ready. The catalyst is here. The capital is already committed.
π’ Donβt miss out! Like, Repost and Follow me for exclusive setups, cutting-edge trends, and insights that move markets ππ Iβm obsessed with hunting down the next big movers and sharing strategies that crush it. Letβs outsmart the market and stack those gains together! π
Trade like a boss! Happy trading ahead, Cheers, BC πππππ
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Absolutely awesome article BC! Congratulations on your short term swing adding to your capital! Master class! πππππ
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ππ΅π΅π΅π
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