4LYFT trade ideas
LYFT correction
Bounced from resistance line.
Possible Zigzag pattern.
Hit Rsi trend line , try to recover, but nothing happens.
LYFT Still due for the fallBased on the previous analysis and all the news, LYFT is definitely going to have horrible earnings.
They cut jobs and some more and offered cheaper rides (less revenue)
Check out my previous analysis. Great put territory today
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
LYFT will hurt this earnings reportThis looks like an easy trade for Monday
Let me know if there's a reason for upside
$LYFT - possible opportunity if you missed the breakout in UBERTicker:
$LYFT
Notes:
LYFT didn't clear it's resistance level yet (that's been in play for weeks) - UBER cleared it's on Friday. If UBER is strong tomorrow, you can possibly get a nice entry in LYFT! I'll be stalking both of them - in addition to a few other things - TOMORROW!!!
xeenos trading - sending positive energy to all those watching
RISING WEDGE forming on $LYFT SO SO CLEANRising wedge forming on LYFT!
Hope this short review helps those out there!
xeenos trading - sending positive energy to all those watching
LYFT ShortExpecting LYFT (and, well, almost everything) to finish this Elliott Wave structure soon-ish.
LYFT - TRANSPORTATION THE WAY WE KNOW IT HAS CHANGED FOREVERHello guys, I want to show you an undervalued stock . Funnily enough, it was considered as overvalued months ago at 90, but at these prices it is very attractive.
I do not think we touched the bottom in SPX, and even if it does, markets will drag sideways for a while: confidence in investors has to be restored, and it won't happen overnight. So exclude a V shape recovery for most of the stocks.
BUT, within the SPX there are companies that belong to sectors that were about to take off even before, and that covid19 fastened in their progression. One of those is the transportation/mobility sector that was already reshapening. We do not need cars that we leave in the box for 94% of the time, we do not need 3 cars per family, we won't spend 35,000 usd at least + maintenance in a car that is already worth half of its value in the very same moment we buy it, or take a loan for that. We will share it: same/less money spend overall, less troubles with insurances and taxes and oil, no need to drive, more time for us. Car industry is already changing.
Lyft, after being slaughtered in the first months, now is showing a very great price together with improving cash flows YoY. Like Tesla, after first difficult years, Lyft is expected to have positive CF this year. Earnings are always better, so I want to be ahead of the herd and invest now.
T1 50
T2 68
T3 88
I am going for buying CALL 50 Jan21 @ 180 usd as it is the one with the best multiplier (10x with the middle scenario)
-if 68 is reached, it will be 1800usd payoff for each option held (10x the initial investment)
-if 88 is reached, it will be a 3800usd (20x)
-if 50 is reached before maturity, I can sell the option at a higher price anyway.
What do you think about Lyft and the new kind of mobility?
Bullish on $LYFT - two price targets: 31.67 and 34.91There was a false breakout at a strong resistance point (@28.86). We see the stock get rejected @ 30.92.
I believe it is going thru a small retrace (with the last candle stick having low selling volume) - potentially to 26.41, if not much sooner @ 27.14 - where investors who entered call options ~20 are more than likely cashing out on profits.
I plan to catch LYFT coming out of the pull back
LET SEE WHAT TMW BRINGS!!!!
$LYFT Elliot waves downtrendWe can see in 1 day chart of Lyft stock the forming of an elliot wave in the downtrent direction and the possible areas of the ABC corrective pattern.
The downtrend was also confirmed by the hidden divergence we can see in the chart with purple lines.
LYFTuber is competitor
planning to take a upward ride
we need to wait for the first breakout supports with higher volume
