Still uptrend on weekly chartStock is going down on low volume for the week. Likely will rise next week. Good R/R at the moment for shares or swing debit on upside.
0A91 trade ideas
Cash Flow Profitable When? End of 2027?Not sure I was taking a cue from ChatGPT and was hallucinating when I heard at investor day that LMND is targeting end of 2027 OR IN IRL ALMOST 3 YEARS FROM NOW to be cash flow positive....and yet the stock doubles. Yes Toto we're not in Kansas anymore....but in a weird wacky world where some diminutive being is pulling levers and making this stock go nuclear.
Have we seen this movie before? Yes we have and it doesnt end well.
Short term and I mean days not weeks I expect a pull back strictly on technicals. Stochastic RSI has been floating higher than helium and what floats high must come down eventually.
Shorting this one with a target of low 40s in the next 2 weeks. Good luck to all.
LEMONADE: $18.50 Time to Warehouse or BUY when everyone is GONEthis was very well covered and hyped INSURANCE issue which every promotor
peddle it as Warren Buffet hedge to the new era of Generative Insurance Ai
story was great
the packaging and business model was awesome
the payouts are instant and geared to impatient short attention spanned generation
the price tanks as early investors series abcs cashed out as generational wealth
this time for the last 18months is opportunity in time for FED cut rate
and Ai season
$LMND - What would I do?NYSE:LMND Lemonade has been basing in stage 1 - the bottom, for the past two years. It is currently at a major resistance that has been hard to break in the past.
Once it breaks through the resistance around $25, it will mark the beginning of stage 2 - the uptrend. Beware of false breakouts, though.
It is currently beginning to enter overbought territory, so I would caution against chasing the stock.
If I have a position, I would take some profit, just in case there is a hard rejection and a pullback from the resistance.
If I don't have a position, I would wait for either a breakout and subsequent retest of the major resistance to take a position, OR in case of a rejection, wait for it to come close to the support region/POC area.
The support, resistance, and targets are shown in the chart.
I have no position. Just helping someone.
As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
LMND: A visit to the Dark SideLMND used to be the belle of the ball back during the pandemic days. Now its just struggling to gain some momentum.
Over the past 2 weeks leading up to earnings on July 30th, LMND has had a nice run. Unfortunately gravity will pull this stock back to earth very shortly UNLESS earnings are so stellar that it finally breaks out of the horizontal channel that has entombed this stock for the better part of over a year.
Stochastic RSI has been pegged on the high side for a long time historically and I have to believe that this is either due to short sellers closing positions or bulls trying to build some pre earnings momentum....or both is happening because earnings are stellar.
I believe the insurance market is very competitive and despite the use of AI LMND has still not hit its stride, so while earnings might be decent, I don't think it warrants additional upside.
Taking a short position....looking for a retreat to fill a long exposed gap with a price target of $14.
LMND will return to $180 in the next 6 months.Retraced: 1.1 From High
From Current Price to All time High: 940%
Consolidation for: 868 Days
Notes:
Macro trends look good, for this to easy reach $50, and with equity melting up by EOY, this could reach for the ATH again, before the bust.
In case you want to short somethingHS confirmed and price is testing the broken neck. Be careful, this one is very volatile. I have some puts expire by the end of the month, probably I should have given more time. SL if a weekly candle closes above 17.
$LMND, can price recover and get back to the $30s?I'll be honest, this one I'm less confident about, but in terms of the analysis:
Earnings sent the stock price lower back into support and the 200DMA.
If price can stay above this region, then I think there's a possibility of a squeeze back higher into the $31 resistance.
First price needs to reclaim the $17 resistance.
Let's see if it can do that.
LMND Going Long !!!After reviewing NYSE:LMND options volume and activity i had my eye on it all week. I now see more volume and it broke a key level of support. I believe we can see a big upside after earnings this afternoon as long as the report is clean and positive.
Lemonade heads to earnings LONGLMND has upcoming earnings. On the 15 minute chart, price has gained 12% in the past two
weeks. Typically, LMND beats estimates and experiences a surge from the earnings report.
The chart shows a good trend up albeit with corrections along the way where the bears
attempt to take a stand. This is an ascending channel with price currently in the middle of
the channel's invisible histograms. The more shorts give up their positions and buy to cover, the
further they contribute to the large trend. I will take a long position here for about a month
through earnings. The potential profit that seems likely is well worth the risk on balance.
LMND Sitting on Volume ShelfLMND is sitting pretty on a nice volume shelf. Also surfing above all 3 EMAs. 33% short interest makes this a great short squeeze candidate if CPI data comes in bullish.
Lemonade (LMND) is consolidating - Breakout can be explosiveLemonade in an insurance company that has a good global reach. It was a popular stock couple of years back but now it has lost some of its lust.
Currently, its consolidating around 13.85 and 17.70 range.
One to add to the watchlist, as a daily break or weekly break with 10 day and 20 day moving average behind it can be good momentum.
$LMND Entering mark up Phase!We've been following LMND since the initial bottom in April. With a clear downsloping demand line and defined over head resistance, this would be typical behavior of a Right angled and descending broadening formation that Bukowski studied.
The measured move would be a 2.0 extension of the range, but conservatively, id look for the double bottom measured move into common retracement levels.
There is confluence with the 50% retracement there, and historically thats where we would head above 16.73.
Id expect a correction from 32, and ultimately form a partial decline maybe for a checkback of 23. Anything within a .618 retracement from there would be fine, but ideally youd want to see it hold 16.73.
LmndLemonade tech aistock retesting its low range after hype sell-off
Big upside if it holds the low..
Uptrend with Increasing VolumeLMND is evidently experiencing an upward trend, with a pleasing rise in trading volume. There is a potential for it to reach $32 in the coming days, and possibly even surge to $60 within the next few weeks. Be prepared for an exciting ride!
LMND LONGLMND LONG to around 24.50 for first target
Looking at 32. for second TP target
looking good so far
Bullish Outlook on LMND: Riding the AI Hype WaveDescription:
Lemonade Inc. (LMND) is an innovative insurance technology company that has been making waves in the industry by leveraging artificial intelligence (AI) to disrupt traditional insurance models. This TradingView idea explores the bullish potential of LMND stock, fueled by the growing AI hype and the company's unique approach to insurance.
LMND has built a digital platform that utilizes AI algorithms to streamline the insurance process, offering hassle-free policies to customers. By leveraging AI capabilities, LMND aims to improve customer experience, enhance underwriting accuracy, and reduce operating costs. These factors position the company for growth and have attracted significant attention from investors.
Reasons for Bullish Sentiment:
AI-Driven Disruption: LMND's AI-powered platform is disrupting the traditional insurance landscape. By utilizing advanced algorithms, the company can provide personalized insurance policies and process claims efficiently. This unique approach differentiates LMND and positions it to capture market share as customers increasingly seek digital and AI-driven solutions.
Rapid Revenue Growth: LMND has demonstrated impressive revenue growth since its inception, driven by its expanding customer base and increased policy sales. As the company continues to innovate and gain market traction, its revenue growth potential remains strong.
Expansion into New Markets: LMND has been expanding its product offerings and entering new markets. By leveraging AI technology, the company can quickly adapt to new customer needs and penetrate untapped markets. This expansion strategy enhances LMND's growth prospects and increases its potential for long-term success.
Positive Customer Sentiment: LMND has garnered positive reviews from customers who appreciate the company's user-friendly digital platform, quick claim processing, and transparency. The strong customer sentiment positions LMND for customer acquisition and retention, contributing to its growth potential.
Market Enthusiasm for Insurtech: The broader market sentiment toward insurance technology companies, also known as insurtech, is optimistic. Investors are recognizing the potential of disruptive insurtech companies like LMND, particularly those leveraging AI. This positive industry sentiment can drive increased interest and demand for LMND stock.
Technical Analysis:
From a technical standpoint, LMND stock has shown a bullish trend in recent weeks. The stock has exhibited upward price momentum, with higher highs and higher lows. Additionally, trading volumes have been relatively strong during upward moves, indicating investor participation. Traders may consider monitoring key support and resistance levels, along with relevant chart patterns, to identify potential entry and exit points.
Risk Factors:
While the AI-driven disruption in insurance presents a significant growth opportunity for LMND, it's important to acknowledge the potential risks involved. Factors such as regulatory challenges, competition from traditional insurers and other insurtech firms, and potential technology-related issues could impact the company's growth trajectory.
Conclusion:
Lemonade Inc. (LMND) stands out as an insurtech company leveraging AI technology to disrupt the insurance industry. With its AI-driven platform, rapid revenue growth, expansion into new markets, positive customer sentiment, and overall market enthusiasm for insurtech, LMND demonstrates promising potential for upward movement. However, it is essential for traders and investors to conduct thorough research and consider the associated risks before making any investment decisions. Monitoring both the fundamental and technical aspects of LMND can provide valuable insights for capitalizing on potential opportunities presented by the AI hype wave in the insurance sector.
LMND - Update Hi guys, ive been tracking LMND since february as i noticed we were interacting with major resistance trend line that formed since its top in 2021. Just to mention its extremely hard to predict what goes on in the markets, and i was somewhat wrong in my short term prediction in my previous charts. As we made a lower low ($10.37). BUT im still long this company and my thesis in general for the longer term is still INTACT.
Remember this is strictly technical analysis ONLY. I do not go into fundamentals at all and quite frankly it works for me. I believe the charts to be the only tools needed as they help increase my probabilities of success.
Anyway lets jump in.
Firstly we start with price action. This analysis is done on the weekly timeframe. So this analysis is not for short term trading but to assess a longer term trend change.
We are currently in the process of breaking the orange downward sloping trend line i drew that began in july 2022 (notice the green arrow as well).
The candle is also a massive sized candle which is extremely bullish. BUT please note this candle has NOT yet closed. We must wait for tomorrows (friday) candle close. If we do close at these levels and we are above orange trend line. In my opinion this is extremely bullish. As this will wipe out the last 4 bearish candles. The candle also shows there was massive buying from $10.37.
We are also approaching the yellow line which is the 21 week moving average. This is crucial as for all assets, if we move above, confirm and it acts as support it signifies at the very least a couple of weeks to many weeks of movement to the UPSIDE.
We are also approaching the trend resistance downsloping trend line. THIS IS MAJOR RESISTANCE since January 2021. If we manage to get above this, in my opinion will be a big sign for LMND to have seen its bottom.
But we have to be patient. Take it week by week. We can also see prices move sideways, as bottoms take some time to formulate.
Now, as mentioned in my previous charts (posted below), i was wrong in the short-term price movements. I did not expect the drop of price to $10.37. I was expecting a move directly to the red trend line. But notice how we reactd to the white trendline, with this massive engulfing bullish candle.
ALso my thesis on the BULLISH DIVERGENCE has strengthened even more, after the drp to $10.37. And notice since we are in the weekly timeframe. The move that may ensue, if i am correct about the divergence can be a massive one.
Bullish divergence is highlighted by the white trend lines drawn in the price action and the RSI indicator.
ALso just note, at $10.37 we were down 94% from the top at $187.00.
**********Also note to take a trade, we need to wait for next week candles close and look for confirmation candle patterns printing. It is still possible for tomorrow to be a down day and it closing below the orange trend line************
NOTE also in the RSI. -> we are breaking out of the trend resistance trend line. Forming a higher high. We are also above the yellow moving average. This is bullish if we close tomorrow above these 2.
CONCLUSION:
Though i was wrong in the short term about price action, all in all it may be in a consolidation phase. A BULLISH divergence is also in play, currently with the RSI spike to the upside, might be playing out as we speak. We do have to observe the close of this current candle, as it being a weekly candle, we must wait and see what tomorrow brings. If we end of closing above $13.88 tomorrow, we must see what next week brings. Its also important to note the size of this candle, if we are bigger than the previous red candle come tomorrow, this is a good sign. It shows buying. RSI is also breaking trends and creating a higher high after 1 month. Overall things are looking good but we must exhibit patience. Next couple weeks is crucial for LMND.
Hope this helps. If you have any questions on TA, please comment. Let me know alsow hat you think. Please boost and follow if you like this content. I will be putting up more updates on LMND as well and will be closely observing since i am holding a position.
DISCLAIMER: This is NOT fiancial advise, i am NOT a financial advisor. Everything expressed in this post and all my posts are just my opinion and for my own educational purposes. When making trades, please do create & follow your own strategies. Make sure you focus on risk management and protect yourselves with stop losses.
LMND - UPDATEHi guys, quick update on LMND.
Ive had my eyes on LMND for weeks now, after it was playing with its MAJOR DOWNTREND RESISTANCE LINE, indicated by red line. Which dates back to January 2021 at the highs of $186 ish.
I am currently in this trade with entries around 13.70 to 13.90. Just note to myself, i entered a little pre-maturely, as earlier this week would of been a better time to enter. But theres no crystal ball in trading and im content.
So this week we accomplished creating a bullish divergence where price action is pointed downwards with a lower low but indicators are pointed up with higher high (the more indicators showng this, the better (known as confluence)).
My target will be the re-test of the Major trend line in red. We will also need to observe whether or not we break through, if this bullish divergence will give enough momentum to be able to break the red line and CHANGE TREND. We are technically in a downtrend until the red line breaks. That will give me confidence, with confirmation i will likely add to more long term positions.
Another thing to note, it a potential double bottom formation, indicated by the red curved lines under price action and green curved lines under the bollinger bands. We've also add some price action below the lower bollinder band, which could of been solid areas to buy.
Also note that the lower band of bollinger is curving up, indicating a move to upside.
Now some developments in indicators:
STOCH RSI is crossing above the 80 level, and is maintaing bullish cross. Watch this. We want to stay above here. Any cross back down below 80 level will indicate potential momentum to downside.
MACD has had a bullish cross. Which has given the momentum of this recent 20%ish move.
RSI has spiked also to upside. I want to see it move past the white line drawn, to create a higher high.
CONCLUSION:
All in all, things are playing out as thought. Lets continue to monitor price action. My target is the red line. We will have to see how it reacts, if it will have enough juice to break through and finally reverse its downtrend of 2 years.
Thank you! Hope this helped! Please boost, follow and comment! Check out my other charts on LMND and also check out my analysis on other assets as well!
DISCLAIMER: This is by no means financial advise. The ideas expressed on my posts are only my opinion and for educational purposes. When trading please do protect yourselfs by creating your own fool proof strategies and maintaining risk management with strategies & stop losses. Be safe.
Lemonade is forming a spring bottomLemonade looks like as it has formed wyckoff spring low. As one of my favorite trade setups I entered a long position today.
Fundamentally I think that with the success of ChatGPT we could see increased interest in AI related stocks, specially in AI language models.
Lemonade (LMND): Lemonade is a provider of insurance-related services. The company is using AI to automate claims processing and underwriting, improve customer engagement, and reduce fraud.
Lemonade (LMND) could be a good use case for AI language models. The company uses AI-based chatbots and natural language processing (NLP) to automate customer interactions and claims processing. This allows customers to easily file claims and get quick responses through the company's mobile app, website or telephone.
One of the main benefits of using AI language models in insurance is that it can help automate repetitive and time-consuming tasks, such as answering customer questions and processing claims. This can not only save time and money for the company, but also improve the customer experience by providing quick and accurate responses. Additionally, by automating the claims process, Lemonade can reduce the risk of fraud, as the AI-based systems are able to detect and flag suspicious claims.
Overall, using AI language models can help Lemonade to streamline its operations, improve the customer experience and reduce costs, which could be beneficial for the company's growth and profitability.
LMND - BULLISH developmentsHi guys. Been keeping an eye on LMND last couple weeks as it was interacting with a major downward sloping resistance line dating back from its TOP in 2021. Shown by the red sloping trend line.
This is on the Daily timeframe.
I will interpret 2 things:
1. Price action
2. Indicators
Firstly, price action seems to have bounced beautifully off the 12.81 low. TOdays candle particularly is extremely bullish engulfing with a lower wick. If we close like this, it screams bullish in my opinion. On top of that with the previous 12.81 low, we are now setting up a potential double bottom. This is also bullish.
Also note the bollinger band (BB), how fridays candle we wicked below this. Usually this is a great area to pick assets up. Especially when a higher low is expressed with the lower bands of BB.
Now note the indicators:
RSI is forming a bullish divergence, where indicator forms higher lows (pointing upward) acting inversely with price action which is normally forming lower lows (pointing downward), but in this case its sideways or flat. So a atypical divergence but divergence never the less.
Stoch RSI is also below the 20 level but has crossed bullish. Expect it to cross above 20 level which would be confirmation. But generally with other signs that scream bullish i do like this to be below 20 level in some instances.
ALso notice the MACD, it seems like with the small sized red rectangles of histogram that bearish momentum is weaning off and potential bullish momentum cross is likely to occur soon.
Conclusion: Things are shaping up for this to be a nice swing trade. With a potential double bottom and bullish divergence, on top of bullish crosses in both STOCH RSI and MACD.
I have taken a swing position with stop loss below the Red support line of 12.81.
PLease let me know what you think. Please boost, comment or follow for more TA analysis.
DISCLAIMER: This is not financial advice. This is for educational purposes and to express my ideas for improving my skills. Please when trading you establish your very own strategy with risk management in mind especially utilizing stop losses and other means. Thanks
$LMND Cypher Standard set up rules apply, watching 786 trigger for price action to get long,
Aim Tp1 and get stop even, 2 & 3 next
Stop below X
LMND - Major Area to be watchingHi guys. Lemonade, Inc. has caught my attention with its recent price action. This will be strictly TA based, as thats what im into.
Jumping right in. This analysis is on the Daily Timeframe. Ill probably have more charts up looking at larger timeframes and updating when i see fit for each timeframe.
So on the chart we have:
1. A green box - which is in my opinion a major consolidation area / potential buy zone for long-term investing
2. White lines - Major RESISTANCE lines
3. Orange lines - SUPPORT lines/ levels
The lines are numbered so compare explaination to number system i have
EXPLAINATION
White Resistance lines (numbers here reflect numbers on chart):
1. This is MAJOR MAJOR MACRO RESISTANCE, indicating a downtrend since our HIGHS are January 2021.
2. This was major support turned resistance dating back to March 2022.
We have been last 2-3 weeks battling these 2 major areas. It is a very crucial point in the price action of this asset, ESPECIALLY line #1. If it can confirm above these lines, we have major major trend change and a possibilty that the bottom is in for this.
We have recently however been pushed down from above. Having difficulty in keeping above these lines with major selling pressure.
OBSERVATION: In this recent price action, we had 8 days above this #1 WHite line. Compared to previous history, its the most days we've been above this line, EVER. So my opinion BULLS are fighting real hard to break this BEAR TREND of 2 years.
Orange Support lines (numbers here reflect numbers on chart):
1. Major horizontal support here, some major buying taking place, keeping us above this. Since its a daily candle we need to continue to see how price reacts.
2. Major Support trend line, dating back to December 2022. Currently reacted well, is supported by it.
#1 and 2 orange lines, we have confluence here of major support. This is a good sign atleast for now. We had a nice wick indicating buying from these 2 levels, keeping the recent uptrend from December INTACT.
#3,4,5 are the next support levels to look at, if #1 & 2 break.
If we hit #5 and or the lower aspect of green box (green line), somewhere down the near future. This could indicate a double bottom and is massively bullish.
Anything below green line would be worst case scenario but thats low probabilty fo now. And would only discuss if probabilty increased.
I also added a INDICATOR.
RSI -> So here i have 3 white lines. Keeping it short, we need to keep support on these lines, break above all of them and create new higher highs on RSI and go above the Yellow line or MA to show strength.
If we confirm above White lines #1 & 2, i will most likely enter a long as it could be a nice growth stock to add (in my opinion).
So lets see what happens.
We need to observe this, since we are in this critical time in LMND price action.
Let me know what your opinions are, if you see anything bullish. I'm not a FA guy, so also if theres any positive news i should be watching out for let me know.
Boost, COmment, Follow for more updates on LMND. Check out my other ideas in my profile.
Disclaimer: IDeas expressed here are my opinion. this is not financial advice. I am not a financial advisor. Please trade responsibily, perferably with stop losses. Thanks.
