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!
Another wedge setup on
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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
