0A91 trade ideas
$LMND Swing Idea- Target $140After triple-topping and losing half their value, Lemonade shares broke the bottom of their downtrend and are currently trying to come back. Nothing appears to be fundamentally wrong with the company, so this trade has relatively low risk. This should be a two-week-long swing. Target sell $140, stop loss $92. Good Luck!
LMND, TIME TO BUY?Hello fellow traders and investors, here's another trade idea.
LMND has recently pulled back to the support area, if LMND makes a full recovery it offers a 40 to 55% ROI.
Technicals:
The Macd indicates that LMND is oversold.
The Macd is about to cross its EMA.
The EMA's indicate that LMND is in an uptrend.
When To Buy:
When the Macd indicates a reversal by crossing its EMA
When To Sell:
I recommend selling in the take profit area offering around a 40 to 55% ROI.
Fundamentals: Lemonade, Inc. is an insurance holding company, which engages in the provision of home and renters insurance services. The firm also acts as an insurance agent that offers underwriting and claims services through its subsidiary. LMND has a P/S of 70.5 which indicates that LMND's valuation is overpriced, of course they have a debt/equity of 0 since they are an insurance company, sales growth of -70% Q/Q, Earnings per share growth of 76% Q/Q and finally a ROI of -22%. Fundamentals aren't great except for the 0 debt/equity they have.
Rating: 75/100 since I like the technical setup a lot in this scenario and the only reason obviously why theyr not getting 100/100 is because of their financials.
NOTE: I am anticipating a little pullback and I might buy some shares during the dip I am anticipating.
I hope you enjoyed this quick analysis and many more to come.
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Thanks.
LMND broke out from downtrend ready to retest 130$Downtrend channel broke out now ready to retest previous resistance level of 130$
$LMND- The Future of Insurance?Lemonade Inc. is an American insurance company that makes it easier and faster to get insurance plans through their simple and user-friendly interphase. Lemonade makes getting insurance easy for the user, and with over 1 million satisfied customers, they are already stable fundamentally.
The reason I am posting this now is because earnings has given us a phenomenal entry point for this company. In the past 2 months, they have gone down over 40% in value. Because there doesn't appear to be something fundamentally wrong with this company, I think the share price will at least build back up to $150 soon.
This isn't just a value play, however. Lemonade may eventually dominate the insurance field. They have seen rapid growth since their IPO, and they now offer plans to al 50 states and even some other countries. They don't yet offer auto insurance, and it is very likely that in the future they will try to expand their field to include it.
Simplicity is key here. It's not that Lemonade invented a new product, they simply made something that was already around easier to do. The key for lemonade is in the user interphase. With pleased users and room to grow, I think shares could be retesting ATH's again soon, and the current share price of $105 is a spectacular entry point. Good Luck!
great chart request!broke downtrend channel but still under this longterm uptrend which is important. over 112/115 and we can see more upside! id hold off until we get confirmation ! goodluck
LMND - @ lows and ConsolidatingLMND is at about a 50% discount from ATH price levels. It is currently at a strong support level. What I'm looking for here is a consolidation and confirmation of reversal before jumping in LONG... alternatively this is a great time to buy shares If you are long term bullish LMND
This Has Now Become A Potential 100% PlayLMND has dropped a ridiculous amount over the course of the last two weeks, but the company still has a good amount of potential. Shares broke two different support levels recently, and it is possible that they break the current level they found, but at the very worst it will find old support around $60, at which point it would only build back up. My outlook is bullish for this one right now, but there is a decent chance they fall more. The risk is relatively high for the short-term, but long-term this company is easily worth $250+. Good Luck!
Lemonade (LMND) When will the drop stop?I'm really excited about the Lemonade company and believe they could provide a real upset in the outdated insurance industry.
The recent price drop seems to have caught people out - but to me seems like a normal retest, their rise has been fairly quick after all and this movement seems healthy for the stock. The Q4 earnings report had nothing sinister or overly negative and I'm bullish!
So when to enter? Well we could see a nice bounce here, if we see a rise as markets open today and then another bounce off the same level I'd be looking to enter. Equally we could continue to drop to the $100 mark and see a similar pattern, I'd be surprised if it dropped any further but the market is pretty volatile right now so caution is required.
This is not financial advice!
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LMND - Squeezing Out Every DropI was perusing LMNDs websites and really liked the whole process so I went ahead and did some analysis on the stock to see if we can make some lemonade from lemons.
They were selling off pre-market drop and have been in a down trend ever since. ER report came in and they beat but dropped their forecast for the year seemingly continuing the selloff in progress.
With that in mind it makes it easy to see where the larger EW 1 began and then trying to forecast EW2 where we will hopefully get to see a bounce. My fibs in orange are the potential levels at it's current price, around 100. and then again around 75. The .681 fib level is usually when people start looking for a bounce. I really like it in the $100 area but getting it to drop to the $80 level where that second set of support (blue box) is at would be great in my opinion. There is also a possibility for a bounce at it's current price. I currently think it still has some more room to drop and will wait to enter in a position.
For fundamentals they still haven't turned a profit and analysts are mostly sour on them. In this market a profit isn't necessary but I think they need a good quarter to really get the 3rd wave going.
As always do your own due diligence before entering a position.
Sour Taste of LMND OK so after a tumble of ~16% I am looking for a rebound off the 90 day MA and started a risky call option for 3/19 $115 @ $6.20. Would love to see target of $145 hit as that is the volume leader and when the stock trades the most! Feb was rough, let's start March off right!
LMND Go longLMND formed Bullish Gartley pattern + inside it there is AB=CD Harmonic pattern. This is further confirmed by Fibonacci retracement at 0.618 and low sell volume. LMND is taking support at 110 to 113. Go long .
Could Recover... Or Crash More...Lemonade Inc. shares found old support on Friday, and from solely looking at the chart, I would definitely be bullish on them. However, earnings are coming up, which could certainly slow the recovery down. I would expect some volatility in the upcoming days. It is possible that it just builds up from here, but it could fall down further, maybe even find older support at $100. That would be an absolute worst-case scenario, of course. I'm still bullish on them for the week. Even if they fall tomorrow, earnings crash should wear off in a few days. Good Luck!
growth stock bubble #3( target $90 )Please note: I'm just sharing my view. its not a recommendation for buying or selling.
LMND Broke support, looking to test 130$We are either rebounding from here or testing the 130 slight level of support
LMND Back in Support Zone, Bounce LikelyLMND has hit the support zone again, so I think it could swing back up to $170 soon. This stock is also likely to break out in the next month (breakout wedge forming), so now is a great entry point if you are watching for that. LMND is also a great long-term, I think it could push all the way to $300 this year. Good Luck!
LMND Breakout Coming?Lemonade shares have formed a pretty decent looking wedge here, and they hit the bottom of that wedge today. They are an excellent long term investment, and I think now could be a very good entry point. I think they could hit $320 by the end of the year. Good Luck!
