Share of Uber Technologies Inc (UBER) have a stock chart pattern breakout underway. The bull flag appears to be breaking above the key level of $28.50. This likely can shoot Uber Technologies to $34.25, its upside target. Investors are finally coming back into the ride sharing company as the fears of COVID-19 subside. Optimism may be misplaced, but for near-term stock moves that matters not. To confirm that a stock chart pattern breakout has occurred, make sure Uber holds above $28.50 as of today’s close.
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