Watch These Uber Price Levels as Stock Near Record High After Tesla's Robotaxi Reveal
Uber(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, an area where investors may decide to lock in profits. Investors should watch important support levels on Uber's chart around $81, $74, and $68. Shares in Uber Technologies (UBER) lost ground Monday but were still near rec ...