Hi guys, quick update on LMND.
Ive had my eyes on LMND for weeks now, after it was playing with its MAJOR DOWNTREND RESISTANCE LINE, indicated by red line. Which dates back to January 2021 at the highs of $186 ish.
I am currently in this trade with entries around 13.70 to 13.90. Just note to myself, i entered a little pre-maturely, as earlier this week would of...
Hi guys. Been keeping an eye on LMND last couple weeks as it was interacting with a major downward sloping resistance line dating back from its TOP in 2021. Shown by the red sloping trend line.
This is on the Daily timeframe.
I will interpret 2 things:
1. Price action
2. Indicators
Firstly, price action seems to have bounced beautifully off the 12.81 low....
Hi guys. Lemonade, Inc. has caught my attention with its recent price action. This will be strictly TA based, as thats what im into.
Jumping right in. This analysis is on the Daily Timeframe. Ill probably have more charts up looking at larger timeframes and updating when i see fit for each timeframe.
So on the chart we have:
1. A green box - which is in my...
On the weekly schedule, a second double-bottomed bottom is formed, which could raise the price to $ 90 in the next month.
Or stock model will fail if the market behaves negatively. In this case, a side move or even a drop in price to the lowest level of support is possible.
LMND Daily TF
Analysis
After a steep correction to 58 from ATH in January at 180s... Lmnd is looking primed for a downtrend breakout. The AI driven Insurance company has grown from homeowners & renters insurance to pet insurance and now planning to get into the auto mobile insurance which gives a good outlook for growth in the coming years. The stock price...
$LMND have imposed a staggering rally of +49.23% cumulative gain in 3 days upon breaking out of its 3 weeks Symmetrical Triangle consolidation. The consequential breakout was met with healthy transactional volume, affirming a resumption of its prior bullish momentum established since early December 2020.
With average price volatility currently at all time high...
