TSLA has the accouncement upcoming. Price will pump for sure. Will it then dump or change the trend altogether? The forecasts are there. The tea leaves and crystal balls will tell the rest of the story. In the meanwhile, I will take long trades to play this in the immediate term. One million taxis making $250 / per day every day per each is serious...
LYFT was a recent idea upload. The news regarding MSP and the dispute resolution has helped it rise off the ascending support trendline of the rising wedge pattern. The pattern may predict decreasing volatility towards price consolidation and then a break out from the wedge. In the meanwhile, I have added to my position since price is above the support...
LYFT on a 15 minute chart hit a high pivot about 3/20 and then fell until April 4 where a low pivot reversal occurred. VWAP lines and a volume profile serve to support a bullish bias. LYFT will likely rise to the Fibonacci level on the chart confluent with the mean anchored VWAP or the zone of 19.25. If there is enough momentum passing through that high volume,...
LYFT is forming an amazing bottoming pattern that's taken almost two years to shape up. Price is now sitting at the $18 pivot and consolidating in a beautiful bull flag since the power earnings gap a month ago. Now firmly above the 3 major EMAs and looking to fill that gap up to $30.
NASDAQ:LYFT has retested the $12 major support level and has a huge bullish momentum. The stock highly undervalued at this price and due for a major upside. First off, let's talk about the elephant in the room: the pandemic. While it's been a wild ride for ride-sharing companies, Lyft has shown resilience and adaptability. They've implemented safety measures...
UBER fell a little after good earnings. Apparently traders where disappointed. It then rallied for three days to close out the week. The following week it retraced the rally for 2-3 days and then consolidated for a week with a re-awakening of bullish momentum in the past prior trading day. From here, I believe that UBER is ready for potential push to an ATH ...
LYFT based on weekly data has consolidated on the 10.0 price range quite a bit -- creating a strong order block support. The prospect on this one on the upside potential is very high. Accumulation has started pouring in at the current price range. Spotted at 10.0 Initial targets are 16 / 20 sl at 8.5 TAYOR.
LYFT stock has done amazing thins in the past. Is history set to repeat itself? Can we get a Lyft to higher prices?
LYFT has been in a crazy downtrend and it has lost over 90 % of its value from its ath. However, things start looking interesting. We can see a bullish divergence on weekly time frame which suggest a sellers exhaustion. However the downtrend is still in tact. How to trade it? You can enter long at the breakout of the falling wedge once we get it. Entering long...
ACHR is a speculative penny stock with big momentum this past week for a continuation trade. The chart is a basic 2 hour chart upside 20% to all time high no revenue burning cash but improving on putting out the fire. No competition in its intended market. $5.00 strike calls for March monthly for $75 look good. Once upon a time, I had a fellow ER doc who...
Excellent breakout around $11. You can invest 2-3% of your portfolio with stop loss @ 7.55 and risk with 0.5% of your portfolio.
Lyft ( NASDAQ:LYFT ) sent shockwaves through the trading floor with a monumental error in its earnings forecast, triggering a rollercoaster ride for investors. The company's stock skyrocketed an impressive 16% in premarket trading, only to reveal a stark correction that left analysts and traders alike reeling. The drama unfolded when Lyft ( NASDAQ:LYFT )...
UBER on a 30 minute time frame chart crossed over an anchored VWAP about January 25 and topped January 30th then retested the slowly rising mean anchored VWAP in a double bottom fashion on the following day. The relative strength indicator is in the 65-75 range and the zero lag MACD cycling mostly above the horizontal zero level. I see UBER as suitably setup...
UBER on the weekly chart has been touching the all time high ( set nearly two years ago ) since mid-December. The relative buying volume has had some spikes. the MACD suggests a line cross above the histogram and so some bearish tendencies. If UBER can get over its all-time high and retest it from above another leg higher seems to be a very likely...
NASDAQ:LYFT Looks like Lyft at -2.2PE and 3.32 market cap is really undervalued. If this company survives the upcoming recession, then it is going to return massive gains. Huge gaps, it follows technicals and imagining the future of self driving cars around 2026, this stock looks very attractive.(only if they embrace.) DCA is best option, leaps are also best...
LYFT Inc - 30d expiry - We look to Sell at 11.99 (stop at 12.91) Trading within a Bearish Channel formation. The sequence for trading is lower lows and highs. The primary trend remains bearish. Preferred trade is to sell into rallies. The trend of lower highs is located at 12.00. Our profit targets will be 9.81 and 9.41 Resistance: 11.53 / 12.00 /...
🔹Rectangle formation produced a POSITIVE signal at the break through resistance at 29.76. 🔹The target price of 38.72 has been achieved, but the formation continues to indicate a consistent direction. 🔹In case of a NEGATIVE reaction, support at approximately 43.50. 🔹Technically POSITIVE for the medium long term. Chart Pattern: ◦ DT: Double Top | BEARISH | 🔴 ◦ DB:...
Paypal is an antiquated business model. The problem is, the Federal Reserve just launched FedNow, which is like a bank-to-bank Central Bank Digital Currency. Most CBDCs will come in the future, and they will target retail/consumers, and Paypal will no longer be useful for transferring money. In Canada, where I am, Paypal is already primarily worthless, because...