Transportation index has been on a strong bull run and I find the setup of most of the stock very appealing. Liking Lyft the most with a 60% run potential in 8-10 weeks.
Lyft is coming off a massive Wyckoff accumulation which lasted 3.5 years ! Extremely strong base. Prices broke the accumulation phase and have retested the breakout zone (retest at declining volumes)
Ichimoku shows a bull trend, volumes have been rising and there is divergence across multiple timeframes (hourly to weekly).
FIrst run target at 30$
Lyft is coming off a massive Wyckoff accumulation which lasted 3.5 years ! Extremely strong base. Prices broke the accumulation phase and have retested the breakout zone (retest at declining volumes)
Ichimoku shows a bull trend, volumes have been rising and there is divergence across multiple timeframes (hourly to weekly).
FIrst run target at 30$
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.
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.