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Uber Technologies, Inc. (UBER) develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. 
It operates through three segments: Mobility, Delivery, and Freight.
The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.
The Delivery segment allows to search for and discover restaurants to grocery, alcohol, convenience, and other retails; order a meal or other items; and Uber direct, a white-label Delivery-as-a-Service for retailers and restaurants, as well as advertising.
The Freight segment manages transportation and logistics network, which connects shippers and carriers in digital marketplace including carriers upfronts, pricing, and shipment booking; and provides on-demand platform to automate logistics end-to-end transactions for small-and medium-sized business to global enterprises.
Shares have formed a bullish "double bottom" formatiion and higher share prices are expected. Note the 50-day MA and how it is supporting the formation. The company reports November 7th.
Entry Point: $46.50
Stop Loss: $44.00
Trading Range: $23.90 to $49.49
Target Price: $51.50
