Down 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.
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.
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...
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...
Selling 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 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)
many many people and that is good and healthy for the long term players
as they are dollar cost averaging....bravo to all the bulls
time to see if it holds
follow
Lemonade 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.
