Uber Resets Post Earnings

$UBER

UBER 0.00%↑ is off over 10% following earnings, hovering near an important area of interest at the 200 day moving average. This has been a long term hold for me at levels much lower, so a move like this today becomes particularly interesting, because it allows me to investigate whether I’m getting another buying opportunity. A hold above the 200 day would be just that. I’ll be watching the next few days to see where the dust settles, and will likely be writing calls at the 52 week high of $87 to collect some income.