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May 7, 2021 2:45 PM

LMND Downtrend Reversal Candlestick Pattern Long

Lemonade, Inc.NYSE

Description

LMND has been in a downtrending channel since March, so we are starting to identify some key Support and Resistance levels.

Recently we have bounced off support line with indicators such as increasing volume, and bullish candlesticks (bullish gravestone doji and hammer).

Target: 84.05
Stop loss: 78.31


Comments
srp192
hmm was that a double bottom i see
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