Chart of the Day: UBER's Recent Range

Uber Technologies (UBER) shares are under pressure following a mixed earnings report. On the technical front, Rachel Dashiell looks at prior highs near $87 from October 2024 as a level of upward resistance the stock is currently retreating from. Zooming out to a maximum length, weekly timeframe, Rachel says the rideshare company's been making "higher highs and lower lows," while trading between its 2024 range of $87 to the upside and $55 to the downside.

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