A breakout above $50 could unleash a massive upside surge — but this level remains a formidable resistance.
📌 Market may need more time + momentum to breach this critical zone.
Eyes on the breakout. 👀
#Silver has entered the long-term pivotal blue zone. A breakout above $50 would trigger a major surge.
$50 remains strong resistance, and the market may need more time to clear this critical level.
$UBER – Let’s break down this setup and the pattern it keeps repeating.
Since March 2025, $UBER has consistently rallied off each structural low and ripped past the previous highs. But there’s a very clear rhythm to these moves if you zoom in.
Each time the stock pulls back, it retraces to somewhere between the 38.2% and 50% Fib levels before reversing higher. You saw this play out after the March lows into the 3/31 reversal. Same thing happened again after the May run-up to $94 — pulled back to 38.2%, then bounced hard on 6/23.
Now we’ve printed a new high at $97.72… and once again, price has pulled back into — you guessed it — that 38.2% to 50% retracement zone.
Today’s action saw decent sell pressure early on, but price rebounded off the session lows, showing signs of seller exhaustion. For the past 1.5 weeks, we’ve been consolidating in a tight range — and this looks like quiet accumulation, not distribution. Volume spikes are showing up on green closes and intraday reversals from low to high — classic signs of smart money scooping up shares.
I’ve got a near-term price target of $96, but I personally took the $92 calls expiring Aug 15. Here’s why:
▸ On July 24, over $1.3M flowed into the $95 calls for Aug 15 — meanwhile, all OTM put strikes had under $300K. That’s a strong bullish lean on the options grid.
▸ Today was quieter, but still notable — $80K in premiums went into the $92 calls (Aug 15), while the same strike put only saw $40K. Again, that same bullish skew.
The $92C fits perfectly here — as the grid begins pricing in a move toward $95, those contracts will benefit from delta nearing 1.00 once price breaks $92+. That gives you solid upside with a stable, high-return contract.
Not financial advice
#Uber
$INTC builds chips.
$DIS creates magic.
$UBER moves cities.
$MARA mines crypto.
From hardware to entertainment to transport and blockchain — innovation everywhere.