I think Lemonade is a great company and I like their leadership. Also, the chart is showing a chart pattern of a breakthrough scenario. This gives a nice risk/reward setup of 4 [Stop: 80 – 82,5; Goal 124]! But I plan to hold it longterm, unless something changes in the company. That’s my opinion and should be treated like it. No trade advice!
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This looks like it will be a clean push through the “125” retracement! That's why I will not take any profit. Let’s see if it can reach the “180” retracement. Normally this trade should be closed!!! BUT I really like this company and I’m still thinking about making this a long-term investment instead of a trade. I will immediately give an update if something changes.