Power Plays Update: Taking Off UBER
September 26, 2022
By Scott Redler
Uber (UBER) has broken down quite a bit, and it is entering the earnings gap.
So I'm going to remove it from Power Plays here.
The fundamentals look good, but we can't argue with the price action. Thankfully Power Plays took off 1/3 over $31, which somewhat mitigates the damage.
Stay tuned for more updates.
-Scott
Scott Redler Positions Disclosure