Uber Technologies (UBER) is set to report earnings details ahead to the market opening November 1. Will this be a catalyst for a rally or for further disappointment? Let's see if the charts and indicators yield any clues.
In our October 14 review of UBER we wrote that, "I have never considered technical analysis formulaic but rather an acquired skill from years of chart watching (10,000 hours, for example) and a balancing of time frames and indicators. Taken altogether, I would avoid the long side of UBER for now."