Workflow
Watch These Uber Price Levels as Stock Near Record High After Tesla's Robotaxi Reveal
UBERUber(UBER) Investopedia·2024-10-14 18:20

Key Takeaways Uber shares lost ground Monday but are still near record highs after investors saw little threat to rideshare companies from Tesla's highly anticipated robotaxi unveiling last week. A chart-based price target using the measuring principle projects a potential move up to 93,anareawhereinvestorsmaydecidetolockinprofits.InvestorsshouldwatchimportantsupportlevelsonUberschartaround93, an area where investors may decide to lock in profits. Investors should watch important support levels on Uber's chart around 81, 74,and74, and 68. Shares in Uber Technologies (UBER) lost ground Monday but were still near rec ...