Could Recover... Or Crash More...Lemonade Inc. shares found old support on Friday, and from solely looking at the chart, I would definitely be bullish on them. However, earnings are coming up, which could certainly slow the recovery down. I would expect some volatility in the upcoming days. It is possible that it just builds up from here, but it could fall down further, maybe even find older support at $100. That would be an absolute worst-case scenario, of course. I'm still bullish on them for the week. Even if they fall tomorrow, earnings crash should wear off in a few days. Good Luck!
LMND trade ideas
LMND Back in Support Zone, Bounce LikelyLMND has hit the support zone again, so I think it could swing back up to $170 soon. This stock is also likely to break out in the next month (breakout wedge forming), so now is a great entry point if you are watching for that. LMND is also a great long-term, I think it could push all the way to $300 this year. Good Luck!