Far From Support

2 gru 2020Uber is far from support and there is a sell signal, with the market in a euphoric state due to investor excitement over a covid vaccine. We can expect the stock to correct any moment. With a high RSI of 68 and a sell signal, we can expect the stock to move closer to support as indicated by the Kurutoga cloud. MACD still shows room for growth so we should expect to see this stock rise just a tad more before falling close to support. I expect support to be reached this week.