Price action in Uber futures shows consolidation between $67.20 and $68.60, setting up potential breakout conditions. Analysts recommend watching trade volume spikes as confirmation signals. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Uber. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Latest: Welcome to Auto Futures - Mobility News, Features, Exclusives and More... Short interest in Uber futures has dropped to a three-month low, fueling speculation that the stock could break past its $70 resistance. Several hedge funds have increased bullish positions, expecting ride volume growth to accelerate.
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