Chart Of The Day: Uber (UBER) Showing Possible Bottom Schwab Network podcast

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Chart of the Day: Uber (UBER) Showing Possible Bottom

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Shares of Uber are moving higher premarket after an upgrade to buy from Arete. Rachel Dashiell examines the chart, which in the short term has been showing a possible bottoming process with $90 the key level to watch. The long term chart shows a consistent uptrend, with the recent fall in shares showing support at the $82 level, with the stock rangebound for several months.

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