Lyft, Inc.
Long

Breakout Wedge Play For 2/2/26 - $LYFT

225
What's up Traders!

Another wedge setup on LYFT, Steep trendline with multiples touch points and another one right underneath that one

Price is moving beautifully between the 2 trendlines and bouncing off them perfectly, price has just bounced again and i believe that price will go up and break that trendline at around $17.75

We had a neckline break at around $21 and then a huge 32% move up from there

Right now we some super tight consolidation which makes me think a big move up of maybe even around 15% - 20% over the next few weeks

Thank you so much for reading, let me know your opinion on this setup. Is this a good or bad setup to you? Let me know in the COMMENTS below!

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