$UBER Technical Analysis: Bullish Momentum ObservedUber Technologies, Inc.NYSE:UBERjaxdogOverview UBER appears to be demonstrating significant bullish activity, as evidenced by a strong follow-through day. The price action is currently breaking above what seems to be a Bull Flag pattern, which is typically considered a continuation signal in technical analysis. Technical Indicators •Price is trading above all major moving averages, which supports the bullish outlook. •UBER is also above the All Time High AVWAP (Anchored Volume Weighted Average Price), indicating strong momentum. Alternative Patterns While the primary observation is a breakout from a Bull Flag, there is also a possibility that the current rally could be developing from a double top formation. However, confirmation of this pattern would only be possible after further price action is observed. Positioning and Risk Management Given the bullish chart setup, a half-size position has been initiated. The stop-loss is set to trigger on a close below the 50-day moving average (red), providing a disciplined approach to risk management. Trading Reminder As always, if this idea resonates with you, consider adapting it to your own trading plan. Remember, trading decisions should be guided by your personal strategy and risk tolerance, as your money is at stake.