LMND trade ideas
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!
Pennant for LMND. Nice boost this week.I see a couple of pennants heading up for LMND and the latest pennant looks like it's ready to spring into the next flagpole.
LMND over 157.71After the monster run LMND had some digestion and consolidation was necessary. Forming a beautiful consolidation pattern on declining volume, but we'll look for it to break higher over the confluence of long and short term fibs.
$lmnd - making higher lowson watch this week.
quietly making higher lows as it seems like we've found the bottom.
looking for a daily candle close above the upper pickfork line. it also appears we have hidden bullish divergence...
resistance to get past at 150.17. past that i go long
Expecting a breakoutPosting this for validation. Is this correct or am I forcing the pattern?
imo LMND should be gainging a higher marketcap (upwards of 20B).
LMND Reaching SupportLMND hit there steady support line again. Look for a jump within the next few days.
LMND LongIF price respects the current trend going into tomorrow (1/26/21) , we should see some bullish movement as we are currently at the bottom of the dip. $183 or even $180 (to play it safe) would be my price target if I enter a Long position.
