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Lyft

Lyft Will Break Past $50 Early 2021 - Conscientious StockHear me out here... Lyft is actually a more "green" company than Uber, aside from the fact that its brand is also a lot healthier in terms of corporate stewardship/driver care. Uber is simply trying to replace drivers with robots, and in the long-term, that strategy is not going to do well in the face of competition from companies such as Google & Tesla. However, in the short-term Lyft is going to continue grabbing more and more of the market. The pricing is fairer, to the point where I've seen it make more sense for my own earnings/time-value to take a Lyft than to take a bus (bus $5 one way, Lyft $6ish one way in this example). Furthermore, individuals who care about the environment will benefit more from using/investing in Lyft because it is a lot more efficient than Uber in terms of Co2 emissions. Although there are shared rides for Uber, Lyft's biggest attraction is the shared ride (in my eyes). I don't have the research showing me that Lyft uses less carbon to transport people, but I can tell you that Lyft is going Carbon neutral and Uber is not: www.theatlantic.com If you are looking for a stock to hold for the next decade, with a high chance of risk and an equally high chance of reward, then Lyft is it. Lyft may end up being acquired by a company like Google or Tesla if the chances are right, but I am not certain of that possibility. What I know is that a network of drivers and riders who appreciate low Co2 emissions and low costs is going to be valuable to the companies that are able to automate driving services using robots (if they want to acquire the network and feed it the technology to profit). Robotics can halve the price of a ride-sharing ride, so if it can do that who has the most to lose? Uber who started out as a "luxury service" and is trying its best to break into everything transportation (food, shared rides, etc), while battling scandals and such, or Lyft who started out as a ride-sharing app for the people BEFORE Uber was invented? "Lyft may be smaller than Uber, but it has been around longer: The Lyft app launched in 2012 (Uber, originally called UberCab, in 2009), but Lyft started life as a side project for Zimrides, a carpooling service founded in 2007 that leveraged Facebook and students for long-distance ride-sharing back when Uber was just a limousine-shaped gleam in the eye of Canadian co-founder Garrett Camp." - ride.guru Yes, Google does have Google Maps which would be a perfect place to "inject" a robotic ride-sharing app into. However, the markets run on human emotions as far as robotics goes. Even though the media is doing its best to open our eyes to the future worlds that are possible through technology, a consumer WILL be more likely to trust Lyft even if it is still dependent on drivers because 1. that will ensure that drivers will still make a living before the majority is able to shift into new jobs (which could take upwards to a decade once robotic driving rolls out), than they will be to trust Google (working with the Chinese from time to time, censoring Google on the Chinese side, etc), or to trust Uber (company that wants to put profits above people, drivers, etc, and does not have a good innovative arm to do it regardless of the investment money that they've been given and continue to burn through). Thoughts? Concerns? Critiques?
NASDAQ:LYFTLong
by youareallset
LYFT UpdatedI admit when I'm wrong, in this case my previous chart was rushed to completion without averaging the trend-lines, my apologies. All lines and connections have been averaged on the 'weekly' and 'daily' with step-line over log. When a stock is young, it is common to start measuring once the b-bands start forming. In this case I disregarded any performance prior to the end of April. The stock has an overall healthy-looking performance throughout. It will now push-off the 50MA as it overshot the upper b-band line (towards the 20MA). from those levels the stock can be re-labeled neutral-to-bullish.
NASDAQ:LYFT
by UnknownUnicorn5323213
LYFT before EarningsThis stock is an obvious short at this point. Can't expect good news on earnings release, but beware shorting this stock for one good reason. At these levels the company is an obvious buyout target, which would catapult it towards $50-65 at once. Unusual high volume spikes throughout the years can be detected (with little stock movement), which could indicate 3rd-party interest. But regardless of that, technically the stock is poised to touch down at the lower channel trend line. I like the company, but I don't like their stock. (analysis posted per request)
NASDAQ:LYFT
by UnknownUnicorn5323213
Lyft amazing buying opportunityThere is a lot going on in this chart but there are a couple things i would like to put an emphasis on for Lyft. First, notice that we are in a massive falling wedge structure, generally indicating a breakout upwards. Second, notice the red line i have drawn at the bottom of this descending wedge. This red line could be considered a major support level, as it acted as both support and resistance back in May. Third, notice the MASSIVE bullish divergence on the 4hr RSI. Finally, notice that the fib retracement .786 level matches up in confluence with the red line major support I have drawn. All in all, I think it is safe to say we will be seeing a larger reversal for Lyft in the coming weeks. Don't miss out on this amazing opportunity. If you enjoyed this analysis, and/or like cookies, give me a thumbs up and follow for more content (:
NASDAQ:LYFTLong
by CookieMonsta
2
Will Lyft Repeat What Snap Did Already?Hello dear stock traders & friends, hope you're doing well guys! ;) In this comparison, I wanna show you the similarities between Lyft & Snap: In trading we often have 'non-linear' trendlines & corrections , which I'm personally counting in my analyses when looking at stocks or commodities or crypto. In this case case we have nice rounded bullish upmove, which always gets into a descending ending move, before we see a break out of this shape. => Snap went from $11.50 to almost $18,50 breaking from this pattern. Of course it will strongly depend on company performance over the coming months, but Lyft could similarly see a bounce going on from the current $60-59 zone, and even another dip to $57, before we see a breakout coming. We could go towards $78-80 psychological in this case. If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :) Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
NASDAQ:LYFTLong
by Edgy_
2
Lfyt Mark UpI do not trade Lyft, yet. I would like to share what I would do IF I were to trade this stock. I believe the overall is bullish even though we might see price head to the downside before we get some real bullish momentum into the market. That vertical represents the length of the move I'm projecting. I would long it from the $76.10 to $92 only if there's a break followed by a retest of the $76.10 price point. *DISCLAIMER* THESE ARE JUST MY HUMBLE OPINIONS, NOT TRADING ADVICE.
NASDAQ:LYFT
by ChrisJTradesFX
No fear, it's just a money trade with $LYFTI'm sure the price is going to hit the resistance $72 area, it's ~ 10% of profit if you buy today. Or if you have your enter target like I have ~ $62 we will do more than 15% profit. Time Frame : 1D Resistance ~ $72 Support: ~ Uptrend line ~ Support EMA lines Enter: $63-61 Stop Loss ~ $58.5 TP 1 ~ $73 TP 2 ~ Maybe it will be pumped like TLRY or TSLA. So you can take a little risk to hold 3% in $LYFT I have the REDDIT and TWITTER with the same name, if you wanna ask me or community, feel free to do that. Hit like, comment and follow for more profitable ideas.
NASDAQ:LYFTLong
by MARKETKNOWS
1