Uber Technologies ST : under pressure below 100.67

Our pivot point is at 100.67.

Our preference: under pressure below 100.67

Alternative scenario: above 100.67, look for 106.03 and 109.23.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 97.39 and 94.70). Finally, the Uber Technologies is trading below its lower Bollinger band (standing at 93.50).

Supports and resistances:

109.23 **

106.03 *

100.67 **

98.56

93.40 USD - last

87.15

84.06 **