LYFTuber is competitor
planning to take a upward ride
we need to wait for the first breakout supports with higher volume
LYFT trade ideas
LYFT DOUBLE BOTTOM LYFT DOUBLE BOTTOM - possible forming a new uptrent.
double bottom in the support line around 37$
$LYFT on a Massive DropLyft just breaks down from its uptrend line but is trading at 0.786 fibonacci level. Breaking the 0.786 level could mean further downward movement towards $37 area to create a double bottom pattern.
Lackadaisical gems Ya'll need a cash cab option for long fares. Monetize the ride duration. Advertisers would love response data on productions and regional opinion.
$LYFT - long, good risk reward, bullish parallel channelNASDAQ:LYFT - , long, speculative, bounce off support trend line of bullish parallel channel, 1st target is middle of the channel
LYFT Testing Final Support LevelTrade Background:
Price plummeted sharply after Q4 earning due to poor guidance to profitability. Now price has once gain for the third time return to test final support level of the trend. If price fails to break lower, look for a swing to the upside.
Trade Idea:
Entry: 44.50 to 46.00
Stop loss: 43.00
Lyft Bounce PlayLyft just had ER a few days ago, it was overall positive. With their chase sapphire partnership, I think it's going to be a huge opportunity for them. I am sure one of these days, if a analyst puts those two and two together, they are going to upgrade the stock and it's going to run.
"Lyft Sees Q1 Sales $1.055B-$1.06B vs $1.05B Estimate; FY20 Sales $4.575B-$4.65B vs $4.59B Est."
Lyft Q4 Active Riders ~18.586M, Up 23% Year Over Year, Sales Per Active Rider $36.02, Up 23% YoY
Lyft Q4 Sales $1.017B Beat $984.17M Estimate
Lyft (NASDAQ:LYFT) reported quarterly sales of $1.017 billion which beat the analyst consensus estimate of $984.17 million by 3.34 percent.
Lyft
Entry 47.05
Target 49.05
stoploss 45.05
LYFT quick scalp and swing trade?SEems like a trend here and a good way to buy. If it bounces up here, then could buy for a swing to the 50s.
$LYFT Inverse Chart- Three White Soldiers on VOLUME after earnings gap
- Breaking out of falling wedge
- Essentially same pattern after 08/07 earnings
LYFT Bottom PlayGreetings traders. Today I noticed the daily candle perfectly rejecting broken downtrend line as well as rising channel bottom, and the cherry on top is the daily support level around 45.00.
It's only a matter of time before smart money catches on to this and the unwarranted PLUMMET in share price.
TIGHT STOP: 44.50 (catching knives is risky business) ...... PROFIT TARGET: 52$ (don't get greedy)
LYFT HEAD AND SHOULDERS CONTINUATIONLYFT HAS FORMED A CONTINUATION HEAD AND SHOULDERS PATTERN AS IT LYFTS OF ITS LOWS. PATTERN IS NEAR COMPLETION. I WILL BE WAITING FOR A CLOSE ABOVE THE 200 DAY MOVING AVERAGE FOR AN ENTRY POINT.
ENTRY $51.16 AREA ABOVE 200 DAY MOVING AVERAGE
TARGET $57.06
LYFT earnings push into $58?Long on LYFT from $48.25 after trend line breakout faking out short sellers. After hours earnings today, let us see if it gives that push into $58 target.
LYFT'S REVERSALSOMETHING SIMPLE... LYFT IS TRYING TO REGAIN IT'S IPO PRICE AT THE LEAST. WITH EARNINGS COMING UP TODAY AFTER-HOURS, HYPE SHOULD BE REAL. GREAT PRE-MARKET ACTION, SPY IS IN FAVOR OF THE UPSIDE. POSSIBLE TO SEE AROUND $58 TODAY AND $65 MINIMUM WITH GOOD EARNINGS.
LETS ACE THIS CALL.
$LYFT Weekly chartLyft Inc. (LYFT) is scheduled to reveal its Q4 earnings today, February 11 after the market closes. Weekly Chart
LYFT - breaking out!Like WORK, LYFT is breaking out after a long period of consolidation. Earnings on deck tomorrow and expecting better than analyst estimates. Looks better than UBER. Adding on pullback. RSI and MACD still good. Moving averages favorable.
