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...
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 )...
Hi guys! Welcome to an analysis on macro developments of Lyft (LYFT). With the markets doing what they've been doing this year, we have to ask, " Will the % gains come to stocks that are still many many % down from their tops"? Or are some stocks just doomed to fizzle out and take time to re-build/ grow? Well, if we are in a Bull market, which i personally think...
LYFT Inc Intraday - We look to Buy at 12.19 (stop at 8.59) Daily signals for sentiment are at oversold extremes. Prices expected to stall near trend line support. We expect a reversal in this move. Dip buying offers good risk/reward. A higher correction is expected. Our profit targets will be 22.86 and 29.00 Resistance: 23.00 / 45.00 / 66.00 Support: 12.00...
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.
Double Low on the Daily + Great EMA Crossover + Historical FIBB = New High and $$$$$$$$$$$$$$
Upsloping H&S pattern. Weak rebound from neckline. Possible area to start shorting at $58-$59.50 Target profit 1 area at neckline/ up trendline i.e around $52.50-$52 Target profit 2 area at next support around $48.50-$50 Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations. If you have any symbols that you'd...
These are the levels that I'll be keeping an eye on when dealing with Lyft, and I'll revise as price action progresses. I adapt to the change in money flow.
Nice setup in a bull channel with 2 bottom, holding EMA 38. With upcoming Earnings we may see strong IV. 1 Target 67 $ (may be a good call option till 10 may expiration) 2 Target 78 $ can take some time but its possible
(1W Timeframe) Several clues point at the same outcome: reversal trend and Bullrun incoming! - We can see a break of the downtrend with higher lows that will invalidate the bear market if we can close this W with a higher high. Keep in mind that there's a big resistance zone (red zone) that could push the price down to the yellow zone. - 50 ema already crossed...
LYFT has had nice earnings this year, and from a technical perspective is looking bullish according to the charts. We'll see if it has the strength to break above the $41.50 resistance and make a move towards $48 - $50.
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Prices are moving inside a channel. The idea is to hold. Option 1 only if the resistance of 33.5 USD will be broken, otherwise Option 2 might be the most likely to happen. Just hold for now and see what will happen at the level of 33.5 before making any decision. Always check UBER stock to have a better understanding of this stock behaviour.
-Bearish cross on Macd incoming -Break of symmetrical triangle -Large volume for confirmation -Targets indicated below
NYSE:UBER Pullback occurred next week gap will be filled and I marked the PT. Stay Tuned
After our March low, we've rallied +140% off the lows and formed a huge ascending triangle. Given our bullish momentum, it's likely we continue upwards into the green zones highlighted around the $40 and $47 marks. RSI is not oversold and has been coiling, which shows signs of momentum heating up with plenty of room of run. If we break out from here, there is a...
Hello! Friends, This would be a great Buy Opportunity, IF NASDAQ:LYFT breaks up the Resistance !!
This is a company which in these times quarantine demand has increased like UBER, which positions it among the most valuable companies in matters mobility, which gives me to understand that this movement you're having is just a throwback to trick sellers into believing to change the trend, when simply will make a correction and continue its course to the...