Technical analysis

Uber Wave Analysis – 21 August 2026

Uber Wave Analysis – 21 August 2026

Uber : ⬇️ Sell

– Uber reversed from resistance level 80.00

– Likely to fall to support level 74.00

Uber recently reversed down from the round resistance level 80.00 (which has been reversing the price from May) intersecting with the upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse from January.

The downward reversal from the resistance level 80.00 is likely to form the strong daily Japanese candlesticks reversal pattern Shooting Star.

Uber can be expected to fall further to the next support level 74.00 – which reversed the price in the middle of August.

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