blue-chip

One NYSE- Listed Transportation Stock at Resistance Level: UBER

Feb 12, 2025 | Team Kalkine

Read Time :10 Mins

One NYSE- Listed Transportation Stock at Resistance Level: UBER — Image source: shutterstock

UBER:NYSE

Investment Type

Large-cap

Risk Level

Action

Rec. Price (US$)

Uber Technologies, Inc. (NYSE: UBER)

Uber Technologies, Inc. (NYSE: UBER) is a tech company that creates and manages proprietary applications supporting a wide range of services on its platform. The company connects consumers (Riders) with independent ride service providers (Mobility Drivers) for ride-sharing services and links Riders and other consumers (Eaters) to restaurants, grocery stores, and other retailers through delivery service providers (Couriers) for meal, grocery, and other delivery services. As per our previous US Dailies report published on ‘UBER’ on 6^th Feb 2025, Kalkine provided ‘Buy’ stance on the stock at USD 64.48 based on fundamental analysis and the stock price has now moved by ~ 19.34% since then and is trading above resistance 2.

Noted below are the details of support and resistance levels provided in our previous report:

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Disclaimer-

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