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Lyft, Inc.Lyft, Inc.Lyft, Inc.

Lyft, Inc.

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LYFT trade ideas

LYFT to lift off?I like how this thing is shaping up with a bottoming pattern (dare I call it inverse h/s?!) No, it's not perfect, but if you need perfection to trade, then look elsewhere. My dowsing/intuitive method gives me 2 indications of a longer term trend reversal (up), so wth, let's try it. I like the test today of the prior highs/trend line from above... Needs to get above the downtrend line, but entry today and stop at a close below the 50 day. I also expect a big pop in indexes, so that could help her get going through that symmetry resistance at yesterday's hod.
NASDAQ:LYFTLong
by JenRz
Huge Volume 'LYFT' LYFT INC (LYFT) is currently trading approx 64% below fair value, its currently unprofitable and not forecast to become profitable over the next 3 years. Revenue is forecast to grow 26% per year. LYFT bounced off falling wedge support yesterday amid a massive volume spike, totalling 56,019 000 (avg 10,857 930) . Total shares outstanding amount to 306,808. 52-Week Range14.56 - 54.69 5-Day Change +0.88 (+3.05%) Watch for a break, hold and close on the daily time frame above (1) for further upside action. Time horizon for this trade set-up is for the short-medium term.
NASDAQ:LYFT
by rapidrunners
12
$LYFT is Set for Action.. and Significant Differences of OpinionLYFT is in a tough spot. Frankly, we don't love this one because both it and UBER are SV VC plays built solely on a thesis of private sector autonomous vehicles in coming years. That's the payoff. But there are plenty of signals that suggest that thesis could die of either public-sector rules or a longer timeframe. But expect it to be "in play" tomorrow after better than expected Q2 results. Everyone knew demand would be awful. $32.50 means $40.
NASDAQ:LYFT
by GregFolin
1