LMND BUY/LONG INCOMING!! 90.00 to Potentially 214.00 by Mid 2022TICKER CODE: LMND
Company Name: LEMONADE, INC
Industry: US Stocks Finance Property/Casualty Insurance
Position Proposed: BUY
BUY ENTRY: NOT READY 90.00
1st Partial Take Profit: 143.00 (July - September 2021)
2nd Partial Take Profit: 214.00 (End 2021 - Mid 2022)
Stop Loss: 70
Technical Analysis
1. FALLING WEDGE PATTERN (COMPLETED)
2. BROKE OUT from wedge pattern
3. Head and shoulders (Partially completed)
4. Area of Confluence on EMA & structure level
6. Fibonacci Retracement at 0.786
6. Safest Take Profit will land equivalent to the resistance zone
7. 2nd Take Profit will land equivalent to the Flagpole length and level 1 of Fibonacci Expansion Grey Zone
LMND trade ideas
LMND IHS potentialBetween the fibs 0.236 and 0.382 is a very strong resistance and support.
RSI has room to climb but I bet it bounces down at $100
Let's see where the resistance is encountered, but we could see some ranging before inverse head and shoulder is locked in and we see +$180 or even ATH
Good Luck
Has $LMND Finally Bottomed Out? After falling over 60% from ATH's, Lemonade shares have seen a strong bounce off of an important volume shelf. The MACD and Stochastic appear bullish, which indicates strong momentum. In addition, this bounce has brought $LMND to an important resistance level, which means that a break to that level could cause prices to surge. This is definitely a buyable dip, as Lemonade is a phenomenal company that could easily be worth $300 in a couple of years. Like and follow for more ideas like this :) Good Luck!
LMND weekly support LMND is one of the fast growing insurance companies with good technology.
Texas freeze and 1Q results that missed estimates hit the stock more than 25%.
The stock is on a weekly support level closing above 60 USD by End of week may be a good trade towards 72-75 Zone.
Stop loss closing below 60 by Friday 14-05-2021.
Let LMND Off The MatYou have no idea how hard it was for me to avoid buying LMND today. At just 1/3 of it's former high from a few months ago, this stock looks like a bargain, as the fundamental story remains intact. However, with multiples compressing, fcf machines crushing, and TLT getting smoked I'm extremely nervous to dip a toe here. I've settled for selling jun 4 $50 strike puts for 2%, but only for small size. Around 35-40 this becomes very very interesting.
LMND Downtrend Reversal Candlestick PatternLMND has been in a downtrending channel since March, so we are starting to identify some key Support and Resistance levels.
Recently we have bounced off support line with indicators such as increasing volume, and bullish candlesticks (bullish gravestone doji and hammer).
Target: 84.05
Stop loss: 78.31
LMND, REVERSAL!Hello fellow traders and investors, here's another trade idea.
LMND has recently pulled back to the support area, if LMND makes a recovery to the take profit area it offers around a 20% ROI.
Technicals:
The Macd indicates that it's oversold and in an uptrend
The RSI is oversold
When To Buy:
Now
When To Sell:
I recommend selling in the take profit area.
Fundamentals: Lemonade, Inc. is an insurance holding company, which engages in the provision of home and renters insurance services. The firm also acts as an insurance agent that offers underwriting and claims services through its subsidiary. LMND has a P/S of 70.5 which indicates that LMND's valuation is overpriced, of course, they have a debt/equity of 0 since they are an insurance company, sales growth of -70% Q/Q, Earnings per share growth of 76% Q/Q and finally an ROI of -22%. Fundamentals aren't great except for the 0 debt/equity they have and the EPS growth Q/Q.
Rating: 75/100 the technicals are very good but the fundamentals aren't great however LMND is so oversold that I personally can't see it going lower than 80$.
Note: I might buy some shares.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow, comment your thoughts and share this trade idea.
Thanks.
LMND, WILL WE BREAKOUT?Hello fellow traders and investors, here's another trade idea.
This is an update on my previous trade idea.
We're struggling to break out of this 99$ mark and if we see weakness in price action we could be heading back to 80$ but I'm feeling pretty good about it breaking out and heading to 110$.
Fundamentals: Lemonade, Inc. is an insurance holding company, which engages in the provision of home and renters insurance services. The firm also acts as an insurance agent that offers underwriting and claims services through its subsidiary. LMND has a P/S of 70.5 which indicates that LMND's valuation is overpriced, of course, they have a debt/equity of 0 since they are an insurance company, sales growth of -70% Q/Q, Earnings per share growth of 76% Q/Q and finally an ROI of -22%. Fundamentals aren't great except for the 0 debt/equity they have and the EPS growth Q/Q.
Rating: 95/100 the technicals are very good but the fundamentals aren't great however LMND is so oversold that I personally can't see it going lower then 80$.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow, comment your thoughts and share this trade idea.
Thanks.
LMND (Lemonade) - Bullish quarter end Lemonade Inc. offers homeowners and renters insurance principally in the United States and contents and liability insurance primarily in Germany and the Netherlands, through its full-stack insurance carriers. Lemonade Inc. is based in New York.
I like Lemonade!
But that ain't no reason to invest!
This Company has a good model, and breaking norms in a well established and old fashioned sector.
Heikin Ashi candles are already indicating a turn following Doji signal two days ago.
Slow and Fast MACD are also indicating change in trend.
We can expect a steady climb from here on the back of strong
numbers from Quarter Earnings Report.
Do your own research, and good luck!
LMND lemonade incLemonade Inc. offers renters' insurance, homeowners' insurance, and pet insurance policies in the United States as well as contents and liability policies in Germany, The Netherlands, and France. It is based in New York City.-Wikipedia
oversold on the weekly Stochastic RSI and about to have a Bullish Cross
Founded April 2015; 6 years ago
Revenue Increase $94 million (2020)
Net income Increase -$120 million (2020)
Total assets Increase $828 million (2020)
Total equity Increase $541 million (2020)
Market Cap 5.5B as of April 2021