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LYFT

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4LYFT trade ideas

Lyft Bounce PlayLyft just had ER a few days ago, it was overall positive. With their chase sapphire partnership, I think it's going to be a huge opportunity for them. I am sure one of these days, if a analyst puts those two and two together, they are going to upgrade the stock and it's going to run. "Lyft Sees Q1 Sales $1.055B-$1.06B vs $1.05B Estimate; FY20 Sales $4.575B-$4.65B vs $4.59B Est." Lyft Q4 Active Riders ~18.586M, Up 23% Year Over Year, Sales Per Active Rider $36.02, Up 23% YoY Lyft Q4 Sales $1.017B Beat $984.17M Estimate Lyft (NASDAQ:LYFT) reported quarterly sales of $1.017 billion which beat the analyst consensus estimate of $984.17 million by 3.34 percent. Lyft Entry 47.05 Target 49.05 stoploss 45.05
NASDAQ:LYFTLong
by WallSt007
Trade Journal: Long LYFT - 2/4/2020LYFT has been setting up a nice Inverse Head & Shoulders pattern in the daily chart and had recovered from lows last year. LYFT had been lagging behind UBER and I saw an opportunity to get in full size into a potential breakout. Yesterday I went long UBER, however I held back from putting in full risk due to the market conditions. Today's action of QQQ and SPY is showing a bullish picture and the theory that I had about a short term bottom was true. What also is driving these speculative names is what I can only describe as delusion. There is a lot of delusion and greed in the market right now ( TSLA ) which is making these speculative names very spicy . I consider this trade a short term volatility trade and I plan to close most shares before LYFT's earnings report. Entry - 49.63 Stop Loss - 48.90 Target - 56.00
NASDAQ:LYFTLong
by Trader_Kaji