Uber - clear resistance between $71-$72. Earnings tomorrow in pre-market

Taking a look at Uber ahead of its earnings tomorrow. We can see its share price is currently trading at $71.33 a share after finding some support at $65.40, just above its breakout zone at the start of the year. Looking at the daily chart, we can see that after reaching an all-time high of $82.11, that was the newly created resistance level. Since then, the priced has retraced back to the previous breakout which is now acting as the key support zone here. Hence the recent bounce in price. The price has now approached some resistance along the descending trendline, with yesterday’s candlestick closing minimally above it. This close does not provide enough confidence for a push higher, which we can see by today’s day so far being flat. If the price falls back below this trendline and closes, we may see a decline toward that key support zone mentioned above. A move below the support would increase the likelihood of a further decline toward January lows of $57-$58. On the upside, if we see a close above yesterday’s high of $72.76 then we may see a continuation higher towards $75. This is simply based on a technical chart perspective. The technical indicators are mixed but have moved away from that bearish territory. The MACD has now turned positive and the RSI is neutral as it reads 49.