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grubby1220
Aug 27, 2019 2:27 AM

LYFT Poised for Move Down Tuesday Short

Lyft, Inc.NASDAQ

Description

Looking at current 15 minute LYFT chart it appears to me that LYFT is in for a down day tomorrow as there is a decent divergence with RSI. I would rather see it rally a bit so I could close CALL portion but it appears that will not happen.

Personally I think the rally today was based on a pipe dream of raising prices. I mean raising prices in a commodity business always works.

Comment

Well nailed that one and got UBER reversed so wish I had been wrong but .79 1.2% within 5 minutes of open

Comment

Opened at $51.25 bounced off lows. Still ALOT of room to go down.
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