#Lyft = New High with a great RSI Buy for the weekDouble Low on the Daily + Great EMA Crossover + Historical FIBB = New High and $$$$$$$$$$$$$$
Lyftprofit
LYFT LYFT INCNice setup in a bull channel with 2 bottom, holding EMA 38.
With upcoming Earnings we may see strong IV.
1 Target 67 $ (may be a good call option till 10 may expiration)
2 Target 78 $ can take some time but its possible
LYFT - FAKE UP-TRENDLINE BREAKThis is a company which in these times
quarantine demand has increased
like UBER, which positions it
among the most valuable companies in matters
mobility, which gives me to understand that this
movement you're having is just a throwback
to trick sellers into believing
to change the trend, when simply
will make a correction and continue its course to the upside
possibly making a higher stop (HH)
In the next weeks
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.
