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...
UBER on the 15-minute chart this week has printed a small bullish pennant pattern then continued into another larger print of the same pattern. The Price Volume Trend Oscillator went red to green as the initiation of this trend over the past two days. Trading volumes have pushed prices and are in the range of double the moving average. The zero-lag MACD...
Bullish divergence on the annual time frame, that spans across a 2 year period. Stochastic indicating the market is over sold on the annual time frame and that bulls are re entering the market. RSI indicating market exhaustion to the downside and bulls returning to the market, LYFT market dominance in the self driving/ ride sharing app is growing. Also with...
22nd April 2023 Resistance - $11.50/$13/ HKEX:16 Support - $9.50 Layoff bring positive sentiment. However earning next week will be important to see how much benefit does it bring to the saving of cost for lyft with 2 round of layoff previously
After news came out about their new initiative to give people on the way to a job interview a free ride, my eyes have been on LYFT. I immediately took note of their fundamentals.. whew! In its history, its only missed earnings twice! In my opinion, LYFT has longevity potential! With earnings coming up next Thursday, I love the position this stock is sitting in...
I'm feeling like we are ending a diagonal wave and the latest wave formation is a flat (3,3,5). Thus I'm seeing if something like this could play out but we'll see what happens. So pop up to finish wave B, then 5 fractals down. Thoughts, anyone? *Not financial advice, just my ideas.
From the ideal imaginary blue line to the actual awful red arrow to the bottommost of the hell. Uber is depreciating, a bouncing dead cat. It could perform better ... NO FUTURE stay away OR short and cover in 20.
At a commenter's request: Lyft has some interesting patterns. It's currently in a bearish channel established at its inception. Given the state of the economy, I wonder if someone isn't accumulating it while they wait for things to "get back to normal." Drag it down, get it cheap, then wait for it come roaring back.
Lyft SPDR Select Sector Fund --- 1- No stop loss. - 2- for options is Excellent: 5 call option 3 months contract of SPDR Select Sector Fund for every One call option 3 months contrac of Lyft . ---- Happy Trading!
Long Call LYFT Filled @ $0.1875 - Buy Jan-20-23 $40 Strike Calls @ $18.97
LYFT beat earnings by 4X this past week and so brokeout. On the cloud indicator, the conversion line has diverged above the baseline. LYFT could be watched for breakout continuation. The Awesome Oscillator and VWAP Oscillators validate the breakout, Added to watchlist for Monday, Aug 8th Plan to check UBER. NASDAQ:LYFT
LYFT for a bounce $21-$25 in coming weeks. False bear flag, oscillator turning upward, oversold on many indicators and excessive shorted stock which will bring additional buyers on upward move
Oversold on several indicators looking for a bounce over $26.00. Purchased 200 June 3rd $20 calls when stock was around $19.88 this morning. GL
Bear Market for Lyft started on November 26, 2021. How do I know? I simply look at the chart. If you heed my advice and exited at that time, you would have lost 50% less than if you exited today. Trust the charts! --- How to understand price action. It is very easy to read price action if you have a reference point. These support/resistance lines are there to...
LYFT predicted Q2 revenue of $950 million to $1 billion vs $1.02 billion expected adjusted Ebitda of $10-20 million vs $83 million analysts expectations. With this type of slow growth for a $10.7Bil company, my buy area is between $15 and $20. Looking forward to read your opinion about it.
Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. The company operates multimodal transportation networks that offer riders personalized and on-demand access to various mobility options. It provides Ridesharing Marketplace, which connects drivers with riders; Express Drive, a flexible car rentals program for...
Hello everyone, Today i want to share which you my idea on LYFT. The price is going to hit the previsous support, and now it's a resistance. We can open a short at 44.87 and see if the price get reject. The target is AB=CD, but for the most carefully of us you can take profit on the gap