Price is forming a bearish flag since February and is about to break down. LMND reports earnings tomorrow, this could trigger the price to break the flag, but it could push the price high as well. I have a short position, I don't think is going to report good earnings, even if it does and the market pushes the price up, it would be a good opportunity to add to my short.
Trade active:
Added to my short
Trade active
Trade active:
Getting closer to target.
Trade closed manually:
I'm not short anymore. Appears that the market is shifting.