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Lemonade, Inc.

Lemonade Forecast!

By ILuminosity
LMND is oversold - Retest of 50 day EMA - 21 week EMA is expected. This will correspond to the wave 4 target, which also happens to be the top of the channel trendline. We are in a zig-zag corrective structure which means a fifth wave to the downside is expected post retest. We are, nevertheless, in a downtrend channel!
Technical IndicatorslemonadelemonadestockLMNDlmndstockWave Analysis

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