Lyft, Inc.
Long
Updated

$LYFT getting ready to $LFFT off

246
Bullish divergence on the annual time frame, that spans across a 2 year period.

Stochastic indicating the market is over sold on the annual time frame and that bulls are re entering the market.

RSI indicating market exhaustion to the downside and bulls returning to the market,

LYFT market dominance in the self driving/ ride sharing app is growing. Also with the expansion of self driving, company expense will drop and profits will rise.
Note
Entry: $9.80
SL: $6.63
Target 1: $18
Target 2: $30

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