Live monitoring of the Descending Triangle setup on UBER. See where price is heading.
Bearish continuation pattern.
Traders are watching Uber (UBER) as price action tightens. With a last close of $71.84, volatility remains active (0.18%). Our AI has detected a valid Descending Triangle pattern. Volume is average (0.76x avg) with moderate trend strength (7.4). A potential breakout level is identified at $68.46, targeting $57.69 with support near $75.82 (R:R 1.46).
What is your outlook on UBER?