193% PROFIT ON UBER – ANNOUNCEMENT ON TESLA ROBOTAXIS AHEAD – OPPORTUNITIES FOR INVESTORS

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By Nigam Arora & Dr. Natasha Arora

Signal(s) to enter, add, reduce, exit, hold or change.

Great Profits

There are great profits on Uber stock (UBER).  UBER is long from $25.58.  It is trading at $75.03 as of this writing, representing a 193% profit.

UBER is in the Core ZYX Buy Model Portfolio.

Tesla (TSLA) Robotaxis

After the close on Friday, Musk tweeted “Tesla Robotaxi unveil on 8/8.”  Musk did not provide any clarification or details.  Musk is known for cryptic tweets.

He often sets aggressive targets that are often late by years.  Based on Musk’s history, even if he unveils Tesla Robotaxis in August,  robotaxis may not become commonplace for a long time.

Regulatory Issues

Robotaxis are not entirely in Musk’s hands.  There are serious regulatory issues.  The government often lags behind technology.

Impact On UBER 

Uber used to have its own robotaxi division, but after spending hundreds of millions of dollars, Uber closed it.  Even the specter of Tesla Robotaxis coming can have a negative impact on UBER stock unless Uber teams up with Tesla or another robotaxi provider.

TSLA Opportunity

Robotaxis, if they are close, will reverse the downward momentum in TSLA stock and provide an opportunity to buy TSLA stock.  For a signal to buy TSLA, stay tuned to the ZYX Buy Change Alert Real Time Feed.

Prudent Course Of Action For UBER Stock

Since there are such nice profits in UBER stock, it is prudent to take small partial profits in UBER.

The long term target for UBER is  $107 – $116.

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Consider holding the rest of the UBER position.  To learn how to properly take partial profits, see the Trade Management Guidelines.  The Trade Management Guidelines provide you with billionaire and hedge fund techniques that are the key to generating very high risk adjusted returns.

Other Opportunities

Robotaxis will provide opportunities in many other companies.  To not miss out on those opportunities, stay tuned to the ZYX Buy Change Alert Real Time Feed.

Short Opportunities 

Robotaxis will provide opportunities for short selling in many companies.  For short opportunities, stay tuned to the  ZYX Short Change Alert Real Time Feed.

AI Stocks

Robotaxis will have an impact on popular AI stocks such as Nvidia (NVDA), AMD (AMD), Alphabet (GOOG, GOOGL), Arm (ARM), Taiwan Semiconductor (TSM), Applied Materials (AMAT), ASML (ASML), and Micron (MU).

What To Do Now

Those in UBER stock may consider taking partial profits.

Those not in UBER stock may consider waiting for a dip in the buy zone.

Those interested in TSLA stock may stay tuned to the ZYX Buy Change Alert Real Time Feed.

To take a free 30-day trial to paid services to gain access to more opportunities, please click here.

This post was just published on ZYX Buy Change Alert.

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Picture of Nigam Arora

Nigam Arora

Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing.

Picture of Dr. Natasha Arora

Dr. Natasha Arora

Dr. Natasha Arora has significant expertise in investment analysis especially biotech, healthcare, and technology. Natasha is a graduate of Harvard Medical School followed by a postdoc at MIT. She has published several peer reviewed research papers in top science journals.

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