LMND possible move up: Reverse Head ShouldersIf it breaks resistance at 112 then the next price target would be around 130.
0A91 trade ideas
$LMND Breakout-PullbackLemonade shares have broken out of that declining trendline and have now pulled back to that trendline and the 23 day EMA. If $LMND finds support here then I would anticipate a large move to the upside. However, if $LMND fails to bounce and breaks down the 23 day EMA, then I believe that Lemonade could see a steep decline, potentially to $90 where that .236 fib level is. Remember, trading is reactionary. Good Luck!
#LMND Breakout on daily#LMND Entrance at 113.31 breakout has confirmed, just waiting for a peak to be passed at that price level and then it will likely fill the gap from 119 to 126, that can be your first take profit, the second would be all the way up at 166. Option premiums look good, I would anticipate this movement to last 1-3 weeks, but it will move fast above that 113.31 level. Plot your stop loss to your personal tolerance. This is not financial advice.
$LMND ready to hit TP1 and TP2$LMND flashed BUY signals on W chart and D chart.
. 140 TP1
. 158 TP2
. Bouncing of .786 Fibo retracement.
Happy Trading, from CJ -- aka the greatest FURU.
To find out more about The Ultimate Stock Indicator on Tradingview, please check my public profile. 🚀🚀🚀🚀
LMND broke support Broke out of a falling wedge (Yellow lines) and started a uptrend. Got rejected a few times at 100ma before falling out uptrend channel. Sometimes on wedge breakouts there is a back test to break out area which is what I think will happen with lmnd. if it falls below 200ma at 91.69
RSI has already started to dive
OBV and Macd also
Ultimately , this stock has benefited from meme squeezing because of it's high short interest. LMND will need the meme really to continue
LMND Looks Bearish LMND has been rising very quickly, but that is coming to an end. Nasdaq made new highs and is pulling back, LMND is clearly pulling back alongside it.
LMND presents a good short opportunity. Call Credit Spreads for $100/101 is my play
Resistance @ 100
Support @ 78
$LMND Cup W/O Handle Break-out?This idea was presented to me by my good friend @JohnMuchow here on TradingView and twitter. Looks like we have a cup w/o handle formation. The ideal here is that the handle forms on the pattern which will give a shake-out to the weaker hands and allow the stock to continue to march up. In absence of that I'd look for a close something over the $100.00 mark. I have an alert at $102.38. But as I've said I'd rather this form a handle. All TBD. I have marked up the chart with my thoughts. Ideas, not investing / trading advice.
LMND BUY/LONG INCOMING!! 90.00 to Potentially 214.00 by Mid 2022TICKER CODE: LMND
Company Name: LEMONADE, INC
Industry: US Stocks Finance Property/Casualty Insurance
Position Proposed: BUY
BUY ENTRY: NOT READY 90.00
1st Partial Take Profit: 143.00 (July - September 2021)
2nd Partial Take Profit: 214.00 (End 2021 - Mid 2022)
Stop Loss: 70
Technical Analysis
1. FALLING WEDGE PATTERN (COMPLETED)
2. BROKE OUT from wedge pattern
3. Head and shoulders (Partially completed)
4. Area of Confluence on EMA & structure level
6. Fibonacci Retracement at 0.786
6. Safest Take Profit will land equivalent to the resistance zone
7. 2nd Take Profit will land equivalent to the Flagpole length and level 1 of Fibonacci Expansion Grey Zone
LMND IHS potentialBetween the fibs 0.236 and 0.382 is a very strong resistance and support.
RSI has room to climb but I bet it bounces down at $100
Let's see where the resistance is encountered, but we could see some ranging before inverse head and shoulder is locked in and we see +$180 or even ATH
Good Luck
BULLISH DIVERGENCE ON MACdLemonade is coming out with Car insurance this summer, it could make for some positivity & upside in this beaten down stock.
Breakout or not breakout ?We can see the price is at a triple support ("floor is roof") so if it breaks up it has a lot of room to go higher.
$LMND has a lot of potential so i guess it's better to keep it in your portfolio anyway
Weekly Watchlist May 24-28My Watchlist For This Week:
Buyable Dips:
$LMND:
$SNAP:
$DKNG:
$CRWD:
$DIS:
$NIO:
Breakout Plays:
$CCL:
$ELAN:
$UPST:
$CHX:
$CLVT:
$RF:
$TX:
$WPM:
I post these weekly, so like and follow for more :) Good Luck!
Has $LMND Finally Bottomed Out? After falling over 60% from ATH's, Lemonade shares have seen a strong bounce off of an important volume shelf. The MACD and Stochastic appear bullish, which indicates strong momentum. In addition, this bounce has brought $LMND to an important resistance level, which means that a break to that level could cause prices to surge. This is definitely a buyable dip, as Lemonade is a phenomenal company that could easily be worth $300 in a couple of years. Like and follow for more ideas like this :) Good Luck!
LMND weekly support LMND is one of the fast growing insurance companies with good technology.
Texas freeze and 1Q results that missed estimates hit the stock more than 25%.
The stock is on a weekly support level closing above 60 USD by End of week may be a good trade towards 72-75 Zone.
Stop loss closing below 60 by Friday 14-05-2021.
Intraday Resistance at 73Expecting a break out after over penalization of the stock price on short report and bigger than expected loss ratio on earnings report
