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justinsandell

LMND Looks Bearish

Short
Lemonade, Inc. (NYSE:LMND)  
justinsandell  
NYSE:LMND   Lemonade, Inc.
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
LMND has been rising very quickly, but that is coming to an end. Nasdaq made new highs and is pulling back, LMND is clearly pulling back alongside it.

LMND presents a good short opportunity. Call Credit Spreads for $100/101 is my play

Resistance @ 100
Support @ 78
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