A divergence is growing between smaller, high growth stocks and larger, market-moving stocks (e.g. AAPL, TSLA). Funds already largely cycled out of many smaller stocks and now the withdrawals are coming from large caps. This is the cyclical nature. This also means that there are plenty of small caps which are quite attractive at their current levels.
A quick...
Earnings coming up. Seems to be consolidating. Some good questions posted on Robinhood for earnings call; and interested in the way in which they address the questions
I do like the company. I like what they stand for, where a portion of your payments is donated. I like their idea of using AI and ML to address insurance.
How do they make money? Why is there no...
A recent wedge i've noticed in lemonade stock could show that lemonade will have a rise in price around the end of February. This will likely be due to better than expected earnings but in the absolute best case scenario would be due to a tesla partnership which was sort of danced around in the last earnings call.
Hello Friends!
If LMND can get out of this wedge, I have 3 price targets I like for it to test.
#1: $34.14
#2: $39.57
#3: $46.66
Needs to hold $25.80 support.
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
LMND is oversold - Retest of 50 day EMA - 21 week EMA is expected. This will correspond to the wave 4 target, which also happens to be the top of the channel trendline. We are in a zig-zag corrective structure which means a fifth wave to the downside is expected post retest. We are, nevertheless, in a downtrend channel!
lined up support and resistance on what seems to be trading off the 4hr TF. RSI indicator looks to have found some support with divergence, but still inside bubble.... Hope these levels help GLTA
LMND is at a very attractive price, it is a great idea to put it in the long term investment basket. Below we are going to discuss Fundamental analysis as technical prices can be shown on the chart.
LMND management and board:
1- Founder and CEO: Daniel Schreiber
From His Linkedin page we can see that he served in the following companies and positions before...
Monthly in Red, Weekly in Blue and short term in Pink
I have seen so many charts but not like this, It has broken all the lows and made a new monthly Low to 40. I really want to be helpful for people who are stuck but this is just another opinion, sometimes you have to see as it is.
Where are we on this? Previously all time low was broken a couple of month...
Stock has dropped to Fibonacci support levels based on the measurement (0, 1) of major pullback after previous similar decline.
Price is around All Time Low which is considered as demand zone, hence a bullish reaction to that shouldn't be a surprise.
Feel lemonade's going to take potential around 40's range, before it takes off, given limited downside left.
80% off from All time high, 60% down from IPO high, and trading with 52W low.
