LMND trade ideas
LMND, WILL WE BREAKOUT?Hello fellow traders and investors, here's another trade idea.
This is an update on my previous trade idea.
We're struggling to break out of this 99$ mark and if we see weakness in price action we could be heading back to 80$ but I'm feeling pretty good about it breaking out and heading to 110$.
Fundamentals: Lemonade, Inc. is an insurance holding company, which engages in the provision of home and renters insurance services. The firm also acts as an insurance agent that offers underwriting and claims services through its subsidiary. LMND has a P/S of 70.5 which indicates that LMND's valuation is overpriced, of course, they have a debt/equity of 0 since they are an insurance company, sales growth of -70% Q/Q, Earnings per share growth of 76% Q/Q and finally an ROI of -22%. Fundamentals aren't great except for the 0 debt/equity they have and the EPS growth Q/Q.
Rating: 95/100 the technicals are very good but the fundamentals aren't great however LMND is so oversold that I personally can't see it going lower then 80$.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow, comment your thoughts and share this trade idea.
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LMND (Lemonade) - Bullish quarter end Lemonade Inc. offers homeowners and renters insurance principally in the United States and contents and liability insurance primarily in Germany and the Netherlands, through its full-stack insurance carriers. Lemonade Inc. is based in New York.
I like Lemonade!
But that ain't no reason to invest!
This Company has a good model, and breaking norms in a well established and old fashioned sector.
Heikin Ashi candles are already indicating a turn following Doji signal two days ago.
Slow and Fast MACD are also indicating change in trend.
We can expect a steady climb from here on the back of strong
numbers from Quarter Earnings Report.
Do your own research, and good luck!
LMND lemonade incLemonade Inc. offers renters' insurance, homeowners' insurance, and pet insurance policies in the United States as well as contents and liability policies in Germany, The Netherlands, and France. It is based in New York City.-Wikipedia
oversold on the weekly Stochastic RSI and about to have a Bullish Cross
Founded April 2015; 6 years ago
Revenue Increase $94 million (2020)
Net income Increase -$120 million (2020)
Total assets Increase $828 million (2020)
Total equity Increase $541 million (2020)
Market Cap 5.5B as of April 2021
$125 Right Around The CornerBroken wedge resistance and ready for a surge. Triple bottom in as well. Great company, great chart. Good Luck!
2 resistance levels for Lemonade.$LMND moves in this 80 to 100 dollars price range once it breaks the 114$ resistance its gone.
LMND, LAST CHANCE BEFORE BREAKOUT!Hello fellow traders and investors, here's another trade idea.
LMND has recently pulled back to the support area, if LMND makes a recovery to the take profit area it offers around an 80 to 100% ROI .
Technicals:
The Macd indicates that it's oversold and in an uptrend
The RSI is relatively oversold
When To Buy:
When price breaks out of the wedge
When To Sell:
I recommend selling in the take profit area.
Fundamentals: Lemonade, Inc. is an insurance holding company, which engages in the provision of home and renters insurance services. The firm also acts as an insurance agent that offers underwriting and claims services through its subsidiary. LMND has a P/S of 70.5 which indicates that LMND's valuation is overpriced, of course, they have a debt/equity of 0 since they are an insurance company, sales growth of -70% Q/Q, Earnings per share growth of 76% Q/Q and finally an ROI of -22%. Fundamentals aren't great except for the 0 debt/equity they have and the EPS growth Q/Q.
Rating: 95/100 the technicals are very good but the fundamentals aren't great however LMND is so oversold that I personally can't see it going lower then 80$.
NOTE: I'm personally invested and going to buy more do average out my position since I first bought at 100$. They just came out with car insurance with should act as a positive catalyst which will most likely act as a positive catalyst in the next few days.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow, comment your thoughts and share this trade idea.
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$LMND- Where Could This Be Headed?Option 1:
Lemonade shares see a volume spike and a change in trend, then see a swing up to that $134 resistance level before completing their wedge and breaking out toward ATH's.
Option 2:
Lemonade shares break down out of the smaller wedge formation and find support at $80 again before seeing an upside (triple bottom).
Option 3:
Lemonade receives bad news and volume continues to fall, causing them to break support and find old support at the $64 old resistance level.
My Outlook
Personally, I am a fan of option 1 here. I think Lemonade fundamentally has plenty of room to grow. Like I have said before, they don't yet offer auto insurance and their interphase is very easy to work with. I will be waiting for a spike in volume or good news for a potential entry. Leave a like and comment your thoughts :) Good Luck!
LMND, BREAKOUT SOON!Hello fellow traders and investors, here's another trade idea.
LMND has recently pulled back to the support area, if LMND makes a recovery to the take profit area it offers around an 80 to 100% ROI.
Technicals:
The Macd indicates that it's oversold and in an uptrend
The RSI is relatively oversold
When To Buy:
When price breaks out of the wedge
When To Sell:
I recommend selling in the take profit area.
Fundamentals: Lemonade, Inc. is an insurance holding company, which engages in the provision of home and renters insurance services. The firm also acts as an insurance agent that offers underwriting and claims services through its subsidiary. LMND has a P/S of 70.5 which indicates that LMND's valuation is overpriced, of course, they have a debt/equity of 0 since they are an insurance company, sales growth of -70% Q/Q, Earnings per share growth of 76% Q/Q and finally an ROI of -22%. Fundamentals aren't great except for the 0 debt/equity they have and the EPS growth Q/Q.
Rating: 95/100 the technicals are very good but the fundamentals aren't great however LMND is so oversold that I personally can't see it going lower then 80$.
NOTE: I'm going to buy more shares in the 80 to 85$ range and will aim for the take profit as the exit area.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow, comment your thoughts and share this trade idea.
Thanks.
LMND LONGHi i will be posting more ideas on crypto and stocks so follow, like, comment whatever you like :)
This idea is for #LMND
Im longing from here, DCA (Dollar cost average) if you can get in near the orange line even better.
If it goes lower DCA more and hold for long term (I swing trade but this stock is good to hold mid/long term)
One of the stocks fool also recommends for long term.
Entry $70-85
Targets: $100, $140, 180
Long Term Target = +$255
Harmonic Bat Pattern? Lemonade Looks like Harmonic Bat Pattern bounced off RSI 30. Should run nicely. Thoughts?
$LMND Swing Idea- Target $110Lemonade is extremely undervalued right now. They have found heavy channel support and are at the bottom of the RSI. Looking to double bottom here and see $140 again within the next couple of months. Target $110, stop loss at $80. Good Luck!
Is this a possible Up for LMND or are we going further down?I see LMND dropping a bit more next week and retrace to hit the 0.786 range at $76 - 77, and hit the 30 RSI support.
After that we might see an uptrend to $110.
Is it going to continue up or does it make a double bottom after?
Can it overcome the resistance of the down channel?
If it does break the channel up, we might see price going to $145. Where does the 5th wave end? Is it going to fail? We shall see.
LMND, LAST CHANCE!Hello fellow traders and investors, here's another trade idea.
LMND has recently pulled back to the support area, if LMND makes a recovery to the take profit area it offers around an 85% ROI.
Technicals:
The Macd indicates that it's oversold
The EMA's are in a downtrend
The RSI is oversold
When To Buy:
When EMA's crossover
When To Sell:
I recommend selling at its previous high offering around a 85% ROI.
Fundamentals: Lemonade, Inc. is an insurance holding company, which engages in the provision of home and renters insurance services. The firm also acts as an insurance agent that offers underwriting and claims services through its subsidiary. LMND has a P/S of 70.5 which indicates that LMND's valuation is overpriced, of course, they have a debt/equity of 0 since they are an insurance company, sales growth of -70% Q/Q, Earnings per share growth of 76% Q/Q and finally an ROI of -22%. Fundamentals aren't great except for the 0 debt/equity they have and the EPS growth Q/Q.
Rating: 85/100 the technicals are very good however the fundamentals aren't great however LMND is so oversold that I personally can't see it going lower then 80$ since it's already insanely oversold.
NOTE: I already own some shares since it is way oversold and I believe it will recover to the 160 to the 175$ range.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow, comment your thoughts and share this trade idea.
Thanks.
$LMND Swing Idea- Target $140After triple-topping and losing half their value, Lemonade shares broke the bottom of their downtrend and are currently trying to come back. Nothing appears to be fundamentally wrong with the company, so this trade has relatively low risk. This should be a two-week-long swing. Target sell $140, stop loss $92. Good Luck!
LMND, TIME TO BUY?Hello fellow traders and investors, here's another trade idea.
LMND has recently pulled back to the support area, if LMND makes a full recovery it offers a 40 to 55% ROI.
Technicals:
The Macd indicates that LMND is oversold.
The Macd is about to cross its EMA.
The EMA's indicate that LMND is in an uptrend.
When To Buy:
When the Macd indicates a reversal by crossing its EMA
When To Sell:
I recommend selling in the take profit area offering around a 40 to 55% ROI.
Fundamentals: Lemonade, Inc. is an insurance holding company, which engages in the provision of home and renters insurance services. The firm also acts as an insurance agent that offers underwriting and claims services through its subsidiary. LMND has a P/S of 70.5 which indicates that LMND's valuation is overpriced, of course they have a debt/equity of 0 since they are an insurance company, sales growth of -70% Q/Q, Earnings per share growth of 76% Q/Q and finally a ROI of -22%. Fundamentals aren't great except for the 0 debt/equity they have.
Rating: 75/100 since I like the technical setup a lot in this scenario and the only reason obviously why theyr not getting 100/100 is because of their financials.
NOTE: I am anticipating a little pullback and I might buy some shares during the dip I am anticipating.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow, comment your thoughts and share this trade idea.
Thanks.
LMND broke out from downtrend ready to retest 130$Downtrend channel broke out now ready to retest previous resistance level of 130$
$LMND- The Future of Insurance?Lemonade Inc. is an American insurance company that makes it easier and faster to get insurance plans through their simple and user-friendly interphase. Lemonade makes getting insurance easy for the user, and with over 1 million satisfied customers, they are already stable fundamentally.
The reason I am posting this now is because earnings has given us a phenomenal entry point for this company. In the past 2 months, they have gone down over 40% in value. Because there doesn't appear to be something fundamentally wrong with this company, I think the share price will at least build back up to $150 soon.
This isn't just a value play, however. Lemonade may eventually dominate the insurance field. They have seen rapid growth since their IPO, and they now offer plans to al 50 states and even some other countries. They don't yet offer auto insurance, and it is very likely that in the future they will try to expand their field to include it.
Simplicity is key here. It's not that Lemonade invented a new product, they simply made something that was already around easier to do. The key for lemonade is in the user interphase. With pleased users and room to grow, I think shares could be retesting ATH's again soon, and the current share price of $105 is a spectacular entry point. Good Luck!
