LMND trade ideas
$LMND WeeklyRSI looks prime and ready to rock, See if we get continuation next week candle spot light. glta
LMND LongDown Trendline Break + 4th touch on Up Trendline
11/17 earning
Entry 64.8
Stop 58
Target 112
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
Just broke the downtrend, about to break upwards!MACD & RSI on weekly crossing up, broke the downtrend and is getting some volume. Price action confirms break upwards, will see how it tests fib levels.
LMND TA (F… me overthinking)Hi guys so I LMND tbh I following LMND for about a week and even tough everything told me to take the trade, the risk reward ratio told me to not I personally love to take risk reward ratio of 1:3 at least. So yes I missed this trade and I won’t get into this now. What I want to tell you guys that you will always miss some good trades that shit happens but the market have tons of opportunities.
LMND in Falling wedge and strong support at 61USD (Possible 75%)Currently we are trading at ~63USD. LMND found support yesterday at 61USD line, which gave as already support beginning of October. In between a head an should pattern (green) was formed on 1h chart, which technical price target was around 58.66USD (red arrow). This wasn't reach since the support at 61USD seems to be really strong.
Many users identified already this long running falling wedge (with some deviation depending on user drawing). The falling wedge I have in mind startet beginning of June on the 4h charts (purple lines).
Now it is becoming really tight situation the 61 is support from below the upper and upper line of the falling edge built resistance from above. Since the support at 61 seems to be strong I expect a break out to the updside, which would mean a technical price target of around 110USD, which would mean +75%. Maybe the 100USD will be a strong resistance, which may be a first hurdle.
big support zone!✅very nice trendline support here on $LMND!
great risk reward for a long entry. Stop loss 57, price targets 77,95,120
Sentiment Could Change at above $70Selling is so persistent throughout this year. I believe the $70 level has to be broken first to confirm a sentiment change. Even so, the price could be range bound for several weeks before seeing big upside move. The reward will be really handsome if one can hold this stock on a longer term basis. I wet my feet with a 2% stake at current level and will add more later.
LMND Set-up IdeaMight be worth watching. Trading at the bottom of BB.
This not investment/financial advice. Do your own due-diligence.
Cheers!
$LMND - Reversal Long Idea. 30% Short Float$LMND down $120, tomorrows candle may shed it below 60, watching for a swing fail pattern below 60 with volume to signify some level of reversal. 30%+ short float according to MarketBeat, might start covering before earnings as it's at a major support.
Shares idea (Long to 75, 90. Stop out close below 58.5)
LMND Ready to run Shark pattern PT$91NYSE:LMND
LMND Ready to run Shark pattern PT2$91. May take 3 months.
LMND looking primedLemonade is looking very promising and seems to be at a great buy opportunity currently. It has formed a very nice triangle that it is coming to the break our point of one way or another. Divergence on the Histogram and a Daily MACD cross up. Looking to take profits somewhere about $165ish. Could hit ATH by end of year though.
LMND D | Eyeing a breakout of this wedgeClear downtrend starting from July with RSI trending lower too. Support is around $58 level. I would wait for the breakout of this wedge and set alert at $68 for upside.
LMND Bullish Shark ReversalLMND has sprung back above a critical inflection zone on the daily chart after completing a Bullish shark.
At the PCZ of the bullish shark is yet another, smaller bullish shark, which to me could be interpreted as the last shake out pattern, and double bottom here after a 113% retrace,
The smaller shark is at the max extension, with a bullish divergence on the MOM, OBV, HSI, RSI, VWMACD and potentially the MAC histogram here on the 4HR
The daily chart has already had a major divergence at the PCZ of the larger shark and id interpret this smaller one as the Reaction low, and confirmation low
A
lthough it wouldve been nice to see a higher low on the confirmation its not suprising with the way the market has been.
And technically this new low at 65.69 is the ACTUAL .886 which we didnt hit yet technically.
I really like this one and would love to see a 4HR or Daily candle stick reversal.
LMND HUGE BREAKOUT POTENTIALLemonade looks like its breaking out to the upside, with a great risk reward ratio. Possible news of car insurance being offered can serve as a huge catalyst for explosive growth.
$LMND end of week target $80⚠️ Risky setup!
If it breaks out the first descending trend line, entry at $75.36, stop loss at $65.59.
The first “mini” target at the 50 moving average $80 with a high risk of resistance and bounce back, therefore, move the stop loss at break even.
If it breaks out the $80 resistance line, then the next target is $87.71
lmnd - longLooks as though money is flowing into $LMND. My target is $85.37, analysts target is $91.20. I do have 3 other potential targets which are $92.30, $97.12, and $112.76.
