Waiting for Pullback to Short.Lyft is still on major downtrend. IF you are keen, you may wait for a pullback to short this counter. I have draw 2 channel (blue major downtrend & Red temporary uptrend).
If the price breakthrough blue channel, downtrend will be invalid. therefore SL can set anything above the blue channel.
Short @ $38
SL @ $44
TP @ Ride with the trend