Signal: This Rideshare Stock Has Cheap Options, Room To Run
1. UBER has gained 53.6% year-to-date, showcasing strong performance. 2. Shares are testing a record high of $93.60, indicating bullish momentum. 3. Historically low implied volatility supports a potential price increase. 4. Previous signals led to gains 60% of the time, averaging 3.7%. 5. Cantor Fitzgerald raised UBER's price target to $106, indicating analyst optimism.