Uber Technologies Inc. (UBER) will be reporting fourth quarter results on February 6 following the close of trading. The stock has had a big turn around since reporting third quarter results, rising by almost 50% since November 14. It seems that some traders see the stock rising even more in the weeks following results, pushing the shares above $40 for the first time since August. The relative strength index is also trending higher, and it too, suggests that the stock continues to rise over the longer-term. It places the stock in a trading range of $34.85 to $43.15 following the results.

Source: Forbes February 04, 2020 18:45 UTC