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WHEN LIFE GIVES YOU LEMON, MAKE LEMONADE, BRIGHTER DAYS AHEAD, OPTIONS ARE GONNA BE HOT NOT FINANCIAL ADVICE, MARKETS ARE HIGHLY VOLATILE, TRADE AT YOUR OWN RISK
Lemonade has retraced from a recent high of 188 to 138.80 today. It is now close to a strong support @ 137 (confluence of a horizontal resistence turned support as well as the 61.8% fib retracement level). There is also a potential bullish divergence between price and RSI. Dipping my toes in @ 138-140 with initial stop loss just below 134. For those who prefer...
LMND Stock, I covered the fundamentals of the stock here: The company deals with Artificial intelligence software to assess the client’s insurance price and even to assess compensation on claims with minimum human intervention. The stock got covered by...
LMND 17JAN21 1D Time Frame LMND is doing a pullback from previous bull move. MACD shows bearish momentum growing and stochastics is also pointing down. Based on previous price action, I anticipate support to be around the 21 EMA area which also happens to be near the 61.8% fib level. Buy zone is within 137 - 126.65 area and stop loss at 121.64. If price...
Video Breakdown on $LMND! Citron to have a webcast on twitter discussing the $LMND short! Could spell MAJOR downside! PT $100
LMND is showing bearish divergence between RSI and price on the daily chart. MACD is starting to curl down, ADX is flat although still trending, and +DI is curling down as -DI is curling up. In the past, after rallies LMND retraced to find support on the 14-ema and 21-ema. I am a buyer on that zone. Share the love: If you get anything out of this TA, please like...
$LMND have imposed a staggering rally of +49.23% cumulative gain in 3 days upon breaking out of its 3 weeks Symmetrical Triangle consolidation. The consequential breakout was met with healthy transactional volume, affirming a resumption of its prior bullish momentum established since early December 2020. With average price volatility currently at all time high...
This is a pretty simple post telling you to sell / short this stock. It's gone too far in too short an amount of time, and you can expect to buy it back lower in the next two weeks. I like the company but will be bidding lower for it. Cheers!
Great work if you got the break id move my stop to breakeven and let this ride