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mansur7

Lemonade (LMND) is consolidating - Breakout can be explosive

Lemonade, Inc. (NYSE:LMND)  
mansur7 Updated   
NYSE:LMND   Lemonade, Inc.
Rectangle Chart Patterns
3
2
rectangle chartpattern
Lemonade in an insurance company that has a good global reach. It was a popular stock couple of years back but now it has lost some of its lust.

Currently, its consolidating around 13.85 and 17.70 range.

One to add to the watchlist, as a daily break or weekly break with 10 day and 20 day moving average behind it can be good momentum.
Comment:
Lemonade had breakout
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