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...
There was a false breakout at a strong resistance point (@28.86). We see the stock get rejected @ 30.92. I believe it is going thru a small retrace (with the last candle stick having low selling volume) - potentially to 26.41, if not much sooner @ 27.14 - where investors who entered call options ~20 are more than likely cashing out on profits. I plan to catch...
wth lunch of B.C into the ride hailing ... there seems to be some ground shifting ... could be a potential turn around for Lyft and Uber . lets see how the chart signals this in short term
the best opportunity to buy low-risk, high-profit LYFT first targets: 60 then 68 $ SL: the price should not be lower than the "c" wave
Watching the 4 hour candle close for an A+ rare trade where, after short pullback, long wick candle rejects the Pivot, AND the 14 EMA, WHILE CROSSING the 50 EMA. This looks like a picture perfect setup ladys and gents
I do not trade Lyft, yet. I would like to share what I would do IF I were to trade this stock. I believe the overall is bullish even though we might see price head to the downside before we get some real bullish momentum into the market. That vertical represents the length of the move I'm projecting. I would long it from the $76.10 to $92 only if there's a break...
There will be fomo on this, and the calls will also be fomoed. - Nice organic inverse head and shoulders - Consolidation above neckline in a bull pennant/ ascending triangle The targets are above, I believe it will go to 70.50 and correct to 68. After that I will evaluate. This is a beautiful setup!
Here's a mark up for Lyft. These would be the areas of interest that I would track. I'm always neutral, but I would be looking for a short opportunity.
Lyft, nuova compagnia listata in borsa da fine marzo sembra aver trovato una buona base ( con tanto di divergenza ) intorno ai prezzi 55-56$.
If you measure from the highs to the lows (with the little trading data we currently have), you'll see that we have about a 37% decline from the IPO highs. As $LYFT and $UBER are viewed as a duopoly and depending on Uber's valuation at IPO, I think Lyft is well positioned for some upside in the coming trading days to weeks. Now if you're a fundamental driven...