4LYFT trade ideas
LYFT MarkupLYFT Is In a long-term downwards trend, and it ALWAYS fails to rally at the 50% Fibonacci retracement. This is marked out with a white dotted line. If the price surges past it, it's definitely worth riding to the projected take profit.
LYFT - Technical AnalysisThe Idea is to go long only if the resistances/target prices will be broken.
LYFT - Ascending - Pushing higherPushing it to $40 range : New ebitda forecast , re-opening of economy
LYFT breaking out of consolidating triangle formationBreaking out in final actionary C wave that should terminate commensurate with termination of entire rally off March bottom.
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.
LYFT Ascending Triangle w/remount waveLYFT has been in an ascending triangle range. Looking to play this to the top of the range at $35 w/ breakout potential. Up to $35 is roughly 7% move. This is also in the last leg of it wave formation where it has been creating higher highs and higher lows.
$LYFT on BreakoutPotential target price if in case Lyft breaks out from its consolidation area pattern.
LYFT ascending triangleChart showing breakout in ascending triangle. fast line crossing 20 day EMA showing buy signal along with MACD.
LYFT and Drop Over and OverVolatility is ruling the ride share world and is being proven over and over.
Slow rise to about 44.
LYFT ($LYFT) - Trendline Rejection25% gap up? I'm not buying it! Trading the trend-line rejection targeting the $25 area.
lyft short hey guys so I'm new on trading but here's my conclusion basically i think its going to consolidate. These uncertain times have company has company struggling to get business but as states ease up on restrictions i think it will go back up but for the moment it might be consolidation. the new york state pension also bought 261,000 shares as well as uber shares as well. might be a good idea for a short at the moment. My thoughts are that it can go up to $45 - $50 a share after the covid-19
LYFT Will open back upLyft is doing pretty good but we haven't seen the true effect of the virus in the pricing yet.
Pretty neutral but we shall see.
