LMND trade ideas
lmnd - longLooks as though money is flowing into $LMND. My target is $85.37, analysts target is $91.20. I do have 3 other potential targets which are $92.30, $97.12, and $112.76.
LMNDOn the weekly schedule, a second double-bottomed bottom is formed, which could raise the price to $ 90 in the next month.
Or stock model will fail if the market behaves negatively. In this case, a side move or even a drop in price to the lowest level of support is possible.
LMND $100+Longer term play here. LMND will eventually have a daily trend change. Its early and still has a couple weeks to play out, but you can set an alert for a break of the pennant to the upside, where I'm look for it to test the $100 psychological number and eventually $110+. Lots of time. Let it play out. Trade invalidated on a break of the lower pennant line around $66.
$LMND Demark signals and an engulfing candle$LMND printed combo and sequential 13s. Bulls buying the signals are already profitable. Friday candle printed a bullish engulfing for next week. A good looking setup for a swing trade. Overall trend is still down. Tread lightly.
LMND trade - waiting for the bestBasically the same idea as the other folks here, but so far it looks like some omeprazole can keep us strong until at least the first target (dark green), after that will wait for the second target with part of the shares only. Go Lemonade!
$LMNDLemonade is trying to disrupt the traditional insurance market with an all-in-one AI-powered app that insures customers within 90 seconds.
This approach, which bypasses the byzantine process of buying insurance plans has made it a popular platform for younger and first-time insurance buyers.
Lemonade also faces similar tech-forward competitors in the online insurance space, and the ongoing expansion of its ecosystem with new features (such as its upcoming auto insurance platform) could squeeze its margins and spread its resources too thin.
If Lemonade can gain millions of new customers over the next few years, it could certainly disrupt the insurance market in the same way.
When we look at the technical side of things. Lemonade has been forming a possible symmetrical triangle since nearly from going public.
We also have the MACD curling on the daily and just came out of oversold territory.
This might be a stock you want to keep your eyes on.
- Factor Four
LMND Because who doesn't like lemonade lol
Long play idea
future Insurance catalyst
Ai still working its shit out
4.7B MC
LMND ~ Multiple Support levelEvery circle in the chart is pointing out a test of the support level at $80 approximately. As you can see, since the IPO, we have tested this level multiple times.
The arrow in the RSI shows a positive divergence, where every test had a slightly higher level. Unfortunately, if you used this method on the range from early March to late April, you would have gotten stopped out most likely as we had a failed breakout.
We are getting another potential setup, as the RSI is once again diverging, and we are testing the same support level. The one thing different aspect with the latest positive divergence is we never got under 30 RSI; which is a signal of strengthening.
Is there any truth to this?Price seems to be trading in a wedge. If I were to back it with fundamental news and sentiment, there is short term upside to the price. Expecting positive earnings with lower loss ratio (since things are cooling off on COVID front when we make a comparison to last year)
$LMND | Bullish Falling Wedge Breakout, $95 First Target$LMND broke out of a bullish wedge after retesting the structure (look left)
Watch for a push to the upside. Initial target is $95, if price can break 95 then will target 100, 105
Good luck!
LMND Can this growth stock see ATH again?LMND Daily TF
Analysis
After a steep correction to 58 from ATH in January at 180s... Lmnd is looking primed for a downtrend breakout. The AI driven Insurance company has grown from homeowners & renters insurance to pet insurance and now planning to get into the auto mobile insurance which gives a good outlook for growth in the coming years. The stock price is currently trading under the 20 ema and experiencing quite a bit of price action between 80-100 range the past few months. So its possible we see some range buyers coming near 80 with ER approaching to give LMND a nice run up into next week. Looking to start a position if we can get a dip to 76-80 range or reclaim 90 and hold.
PT: 100+
Key levels
Support: 80.22, 76.09, 68.93
Resistance: 93.62, 99.93, 115.80, 137.10, ath
Ways to Play
1. Shares (short term trade/long term hold)
2. ATM/OTM long call option contracts (2 week+ exp/ 80-90cs)
LMND possible move up: Reverse Head ShouldersIf it breaks resistance at 112 then the next price target would be around 130.
$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.
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