Uber at week 28: technical rebound in the 70 area, sellers still dominant

Uber Technologies is in week 28 of its sell signal. This week the price posted a fractional recovery in the 70 area — a technical rebound on a double bottom — but sellers dominated at 91% of volume: a conflicting session. CMF remains in negative territory for 4 consecutive weeks and the confirmation week closed bullish, with discipline pointing toward exiting the position.