UBER Bullish Pennants for Continuation

UBER on the 15-minute chart this week has printed a small bullish pennant pattern

then continued into another larger print of the same pattern. The Price Volume

Trend Oscillator went red to green as the initiation of this trend over the past

two days. Trading volumes have pushed prices and are in the range of double the

moving average. The zero-lag MACD indicator shows a pattern of bullish

momentum in the mornings followed by fades at lunch and afternoons.

I believe that this 5-6% trend up has another 1-2 days to go before a profit-taking

session to close out the trading week.
lyftMoving AveragesOscillatorsPennantpennantbreakoutpennantpatternpricevolumeanalysisuberuberlong

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