LYFT trade ideas
Bull flag but I want to be short... Looking like its about to break out.
Still bearish but starting to second guess with this set up.
LYFT FlagLYFT has been consolidating between the 55-59 range, it is looking more and more bullish as it is now testing 59 for the 4th time. A breakout of this flag could drive price to the top of range around 63-64
Keep an eye on this pivot point! 👁 👍Lyft is doing a nice pullback right now, in the 30min chart. The 20 is pretty close, but since the BB are so spread open, I believe it’ll move sideways for some time.
The 60.26 is a pivot, and if Lyft breaks it, it’ll do something good.
The problem is the RSI in the 4h chart, showing a bearish divergence + false breakout from the top area at 59s. This is another indicator that Lyft is not ready yet, but it can be in the future. It is one of the stocks that are on my radar, but it is not doing anything impressive for now.
Let’s watch the pivot in the 30min chart closely!
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See you soon,
Melissa.
Double BottomI am a bit surprised this one is doing as well as it is, slowly but surely.
Double bottoms nd triple bottoms can show the bears that buyers, or bulls, will come to the rescue if a security reaches a certain price. It can also help bulls feel more secure. It is all about what you see, as we are not the only people who see the chart patterns (o:
No recommendation.
Today's candle is a doji which can represent indecision.
LYFT: Breakout Confirmed, 33.99% Potential Profit!Description: LYFT is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $50.7 - $54.2
2. Take profit: $69.58
3. Stop Loss: $48.24
4. Risk To Reward: 1 / 5
5. Accuracy Rating: 97%
LYFT coming strong at resistance Getting close to resistance, I've set some alerts on the trendline break. If we can get to 68 that would be great.
LYFT looking very strong after holding 58-59 support last weekLYFT looking very strong after holding 58-59 support last week. Would like to see consolidation under 65 to enter otherwise will watch that 68 area if we gap above tomorrow.
$LYFT 4HR Bull Flag$LYFT. Earnings May 4th and volume has been accumulating in Lyft as it tries to break out of its bull flag. Dips to $61.31-60.71 should provide bounce. this is looking like a beautiful setup as it approaches all time highs. Road to 72?
LYFT 1h CHARTLYFT appears to be flagging - channel down after ATH rejection. Seems to be reclaiming 21, looking to enter on a possible breakout.
WE NEED MORE VOLUME FOR THIS TO BREAKOUT.
Possible short-term downside around $58-59.
EMA 9: $62.18
EMA 21: $62.70
EMA 50: $62.92
EMA 200: 62.81
CLOSED EXACTLY AT VWAP @ $61.87
LYFTThese are the levels that I'll be keeping an eye on when dealing with Lyft, and I'll revise as price action progresses.
I adapt to the change in money flow.
$LYFT Hammer @ SupportLots of trader's eyes on this one. Both weekly support and 50 MA conversing with the stock putting in a hammer candle stick on Friday. Short term momentum pressure still leaning bearish. But if a bounce is going to happen, it should happen around this area/level. Worth keeping an eye on.
Lyft Inc Cl A (LYFT)- OPERATES A PEER-TO-PEER MARKETPLACE FOR ON-DEMAND RIDESHARING IN THE UNITED STATES AND CANADA.
Long | LYFTNASDAQ:LYFT
Possible Scenario: LONG
Evidence: Price Action
This is my idea and could be wrong 100%,
LYFT LYFT INCNice setup in a bull channel with 2 bottom, holding EMA 38.
With upcoming Earnings we may see strong IV.
1 Target 67 $ (may be a good call option till 10 may expiration)
2 Target 78 $ can take some time but its possible
How to place Resistance Support lines the easiest wayHello everyone, my name is Manuel and I'm new to using Trading View, I've been trading successfully for the past five years and it is time for me to pass down some knowledge. I hope you enjoy the tutorial and don't forget to follow me in case you need my help. See you on the trading deck!
