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Lyftlong

Lyft | LYFT | Long at $9.75First, from a technical analysis perspective, NASDAQ:LYFT has not "officially" found a bottom yet. No one can confidently state it has - their guess is as good as yours. This analysis is full of caution simply around the fact this stock could absolutely dip to below $5.00 in the future. With that said, NASDAQ:LYFT is currently the #3 travel app in the Apple store (#1 is Uber, #2 is Airbnb). It has a 4.9 (Apple) and 4.7 (Google) star rating and tens of millions of downloads. Car prices, insurance rates, parking fees, gas/electric rates, etc. are pushing more people into the rideshare environment. With a recession knocking on the US's door, the fee-for-service model will make more sense than actually owning for many. But, a recession is a recession and the market hates them... Lyft is currently the only true competitor to Uber and its earnings are likely to grow as the travel environment "modernizes" in the future. At $9.75, the stock closed all previous lower gaps on the daily chart. Currently, open price gaps (which are often good predictors of future price movement) are all above its current price. A bottom *may* be in, but see intro... I view the current price as a personal buy zone with room for additional shares if the price dips to near $5 (and fundamentals don't change). A high-growth potential stock in an ever-changing travel environment. Target #1 = $15.00 Target #2 = $22.00 Target #3 = $30.00 Target #4 = $75.00+ (long-term view...)
NASDAQ:LYFTLong
by WorthlessViews
1
LYFT: Uplift due?LYFT Inc Intraday - We look to Buy at 12.19 (stop at 8.59) Daily signals for sentiment are at oversold extremes. Prices expected to stall near trend line support. We expect a reversal in this move. Dip buying offers good risk/reward. A higher correction is expected. Our profit targets will be 22.86 and 29.00 Resistance: 23.00 / 45.00 / 66.00 Support: 12.00 / 6.00 / 3.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NASDAQ:LYFTLong
by VantageMarkets
LYFT Primary Trend Reversal signs(1W Timeframe) Several clues point at the same outcome: reversal trend and Bullrun incoming! - We can see a break of the downtrend with higher lows that will invalidate the bear market if we can close this W with a higher high. Keep in mind that there's a big resistance zone (red zone) that could push the price down to the yellow zone. - 50 ema already crossed the 200 ema (daily time frame) - RSI increasing to almost overbought and getting out of the bear zone (30-50) to the upper part, hopefully, it'll stay above 50.
NASDAQ:LYFTLong
by rosnick
LYFT BreakoutAfter our March low, we've rallied +140% off the lows and formed a huge ascending triangle. Given our bullish momentum, it's likely we continue upwards into the green zones highlighted around the $40 and $47 marks. RSI is not oversold and has been coiling, which shows signs of momentum heating up with plenty of room of run. If we break out from here, there is a high probability we fill the liquidity void above us in the $40-$50 range. Watching this one closely. First target: ~$40 for a 20% gain Second target: $48 for a 50% gain.
NASDAQ:LYFTLong
by MWCarter
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