Lyft Swing

Markets are correcting, some are falling apart.

But I have been keeping an close eye on transportation. Particularly Ticker Symbol LYFT

Do to its poor performance, its been hidden away for sometime now.

But I believe its time to reawaken.

I know the way i can mark up charts can look a little weird. Its what works for me, finding the support and resistance that follow each individual ticker. and it make it easier for me to find pullback zones. It just makes everything simple to read and breakdown.

Moving on. If you look at my chart. LYFT has slowly started to level out and move back up.


Just recently, it hit resistance and pulled back to support. Including a trend line break and retest.

If this support holds hear with good earning next week, this could be a great swing trade.
To make things even better. If LYFT and Waymo can deliver on their Autonomous taxi service, including save travels for young teens could send the stick higher.



Nothing is guaranteed,
But there is no Reward w/o Risk.

Lets see where this goes...🚀🚀🚀