LMND. This Insurance Disruptor will DOUBLE in the Next 3 Months!NYSE:LMND is the new and promising tech company in the insurance market. It's beyond promising; it's already a product with proven scalability and disruptive features to the aging insurance business model. Lemonade follows a creative insurance model. To understand this, consider the conventional insurance business model where companies are incentivized to NOT approve claims of their customers. That's because less money given to customers means more profits for the shareholders. This places you, the customer, and them in a constant state of dispute. It is a flawed business model. Lemonade flips that around and removes the incentive completely by introducing one simple rule. Their profit margin is fixed. They will always take 25% of what you pay. The remaining 75% will be used either to cover claims, or to be donated to a charity organization of your choice. This way, they have no incentive to deny your claim. At the same time, you have no incentive to claim more than what you think is fair because you will be reducing what goes to the charity of your choice.
On top of that, Lemonade is a tech company that employs Artificial Intelligence to manage claims. You will be surprised, and perhaps you shouldn't be, how well an AI can catch a fraudster trying to falsely claim some insurance money. This already cuts the cost by a huge margin and allows for faster growth and better scalability.
Currently, Lemonade has proven that their platform works and that it can expand. They are slowly covering more areas than just pet insurance and household insurance. They are expanding to more states in the US and countries around the world. And all of that at a minimal cost of human resource. And the brilliant thing is that the more they expand, the more data they will have to train their AI, and the more accurate and efficient the process would be. That is what disruption looks like. It's new. It flips the model around. It works. It cuts cost by a big margin. It scales. It grows before you even know it. Think Apple, Amazon, Tesla.
Now after this brief introduction, let's get into the chart. I've drawn this ascending channel a week ago and I am surprised that it is holding price this well. This shows strong demand added to the higher lows in RSI. I believe this momentum will accelerate in the coming few months. I've drawn targets based on Fibonacci of the most recent swing.
According to the channel and the Fib levels, this stock can reach $222 by 22 Feb. That's 80% gain in 48 days. I believe that in 90 days, this stock will have doubled, and by the end of the year it will have 5X'd. This is a stock to buy and hold, not a stock to trade. Good luck!
Machinelearning
the b[AI]te's weekly insights -- GOOGLcenter stage attention
stock
our system found that GOOGL received the best image over the course of last week.
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we see a strong positive correlation with our image indicator. We therefore assume that prices are driven emotionally and might not reflect an accurate picture of the companies current state of affairs.
comment event
on 2021-01-02 we categorized the last incoming headlines as a REPUTATIONAL event. We found the following topics as part of the aforementioned event:
animal - rights
rights - activist
fools - maria
impersonated - company
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ATTENTION
our algorithms define ATTENTION as the overall number of stories and opinions that appear for a given security each day
IMAGE
our algorithms define IMAGE as the averaged sentiment value extracted from all opinions received for a given security per day.
the b[AI]te's weekly insights -- AALcenter stage attention
stock
our system found that AAL received most attention over the course of last week.
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we see a weak negative correlation with our image indicator. We therefore assume that prices are driven by facts rather than emotions and reflect an accurate picture of the companies current state of affairs.
comment event
on 2021-01-01 we categorized the last incoming headlines as an OPERATIONAL event. We found the following topics as part of the aforementioned event:
american - airlines
737 - max
max - boeing
2019 - march
FAQ
ATTENTION
our algorithms define ATTENTION as the overall number of stories and opinions that appear for a given security each day
IMAGE
our algorithms define IMAGE as the averaged sentiment value extracted from all opinions received for a given security per day.
Aurora Cannabis. D1 LONGAurora Cannabis. D1 LONG rebound from the support of $ 5, + in addition, the breakdown of the descending channel by wave 1, the second wave = consolidation, and the third wave - the movement to the resistance of $ 19.5
NMR - Breakout of multi-year-long resistance | Binance listingNMRBTC left the multi-year channel, breaking through resistance and doubling in price for a day. I think it still have a wide room for growth because of good fundamentals, bullish crypto market and strong momentum.
I'd prefer to buy near $0.004 with target at 0.008.
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Information is just for educational purposes, never financial advice. Always do your own research.
NZD Sell off coming up!Please like and follow!
Pair broke the previous higher low creating a potential selling opportunity. Plotted the retracement tool and if we wait for the market to push up into the 50 percent fib level, we can enter our trade. Looking for target at 0.64035 that is a major key level in structure and the fib extension level hits at the 1.618 adding more validation.
USDJPY Bulls in control?Please like and follow!
This pair is currently over sold showing divergence in RSI on the hourly chart. It hit one of the support levels on the 4 hour so this area would be a good buying opportunity. Potential rise to 108.815 zone. Always use a rule based strategy before taking on a trade.
Ready for a potential Rally?please like and Follow!!!
USDCAD is currently over sold and has divergence on the hourly chart. We may see a rally towards 1.34800 price range. If you notice the previous support level was respected multiple times before it broke through, now it can bring the market back towards that area. I checked my prediction AI and it showed me the same key level. Always use a rule based strategy to make an entry on the trade.
EURUSD Potential Sell setup! Please Like and Follow!
EUR/USD has been on a bullish run lately running into an over bought condition on the daily chart. If you take a look at the 1 hour chart it broke
the previous higher low. Plotting the Fibonacci retracement tool, if it hits the 50 percent range it can potentially head lower around the 1.12000 price range. This is the price that my Prediction model shows me. I use a model which analyzes price data to determine around what price we can potentially head towards. Remember to use a rule based strategy to get the best entry and exit points before entering on a trade. please follow and comment!