UBER Weekly Options Trade Plan 2025-06-24
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UBER Weekly Analysis Summary (2025-06-24)
Comprehensive Summary
Technical Analysis Synthesis:
Price & Moving Averages: UBER trading at $92.46, above the 10-period and 50-period EMAs on both the 5-minute and daily charts indicates a bullish sentiment in the short-term and medium-term. RSI Readings: While the 5-minute RSI indicates some room for upside, the daily RSI is in overbought territory signaling potential pullback risks. Bollinger Bands: Price nearing the upper bands across both charts suggests increased volatility and potential resistance, reinforcing the need for caution. MACD: Bearish crossover on the 5-minute chart indicates waning momentum, while the daily MACD shows bullish conditions. Market Sentiment Integration: