Here's why I'd tell traders to stand aside for now.
These recently downgraded names are displaying both quantitative and technical deterioration.
Where UBER closes in the range Tuesday is important information.
These charts lack confidence.
Let's take a look at the charts and indicators.
But here's what to avoid now.
The charts of the transportation platform developer suggest now isn't the time to go long the stock.
The plunge in the shares of Facebook's parent is reason for a reassessment for how the stock is trending.
The firm certainly seems to have the wind at its sails right now.
The pandemic and government actions taken because of it have brought about significant and permanent changes to the country.