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home / news releases / UBER - Fundamentals And Technicals Align For Grab Don't Miss It


UBER - Fundamentals And Technicals Align For Grab Don't Miss It

  • No longer a rumor, Grab is set to go public via Altimeter Growth Corp. at an even better valuation than initially rumored and UBER.
  • Grab's revenue has recovered well over pre-COVID levels and looks to break even on its food delivery segment as it is poised to benefit from recovering economies.
  • Setups and indicators across all three levels (economy, industry, and company) in the top-down approach analysis align to suggest unprecedented growth is ahead of Grab.
  • Technical analysis suggests a good entry point to take position in Grab as a breakout move is currently taking place and a pocket of liquidity is formed at resistance level.
  • Conviction to invest in Grab is derived by strong fundamentals where indicators from all three levels in the top-down approach analysis align while technical analysis provides investors with a good entry point.

For further details see:

Fundamentals And Technicals Align For Grab, Don't Miss It
Stock Information

Company Name: Uber Technologies Inc.
Stock Symbol: UBER
Market: NYSE
Website: uber.com

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