Uber Technologies ST : rise to 106.33

Our pivot point is at 88.33.

Our preference: rise to 106.33

Alternative scenario: below 88.33, expect 83.51 and 80.64.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is below its 20 period moving average (94.72) but above its 50 period moving average (92.64).

Supports and resistances:

112.39 **

109.36 *

106.33 **

103.30

92.95 USD - last

90.23

88.33 **