Technical signals in Uber futures are aligning with breakout patterns. Price action has consistently respected the 50-day moving average, providing confidence to long traders entering at current levels. If you have been eyeing Uber Technologies stock wondering if now is the right time to jump in or cash out, you are not alone. After all, this is a company that has delivered a staggering 225.0% return over the last three years and is up 52.9% year to date, even after a slight dip of -1.0% in the past week. With Uber sitting near its all-time highs and recently closing at $96.61, the question is less about where it has been and more about where it goes next. The Wall Street Journal has some reporting on how rideshare companies are preparing for this rollout, and their choices provide a sketch of one plausible path for autonomous vehicles. Uber and Lyft will effectively be maintaining fleets of self-driving cars, which means building, or outsourcing, new infrastructure to support vehicles with particular needs: electric charging, specialized technicians, and storage. This won’t be a huge or particularly rapid rollout for a few reasons. One is that the types of vehicles Lyft and Uber will include in these programs are still in testing and only legal in a few markets. Another is that, while they cut out the cost of human labor, they’re not yet cheap to build, own, or operate. Waymo and others are racing to develop lower-cost vehicles, but the hardware on the road today consists of costly conversion vehicles laden with expensive, specialized hardware. For now, autonomous taxi rides aren’t necessarily cheaper than manned ones; in San Francisco, for example, Waymo rides are often the more expensive option. Seasonal trading patterns point to strengthened Uber futures in Q3, historically linked to higher travel demand. Futures contracts remain in contango, favoring long-term bullish positions.