LY0 trade ideas
$LYFT Hammer @ SupportLots of trader's eyes on this one. Both weekly support and 50 MA conversing with the stock putting in a hammer candle stick on Friday. Short term momentum pressure still leaning bearish. But if a bounce is going to happen, it should happen around this area/level. Worth keeping an eye on.
Lyft Inc Cl A (LYFT)- OPERATES A PEER-TO-PEER MARKETPLACE FOR ON-DEMAND RIDESHARING IN THE UNITED STATES AND CANADA.
Long | LYFTNASDAQ:LYFT
Possible Scenario: LONG
Evidence: Price Action
This is my idea and could be wrong 100%,
LYFT LYFT INCNice setup in a bull channel with 2 bottom, holding EMA 38.
With upcoming Earnings we may see strong IV.
1 Target 67 $ (may be a good call option till 10 may expiration)
2 Target 78 $ can take some time but its possible
How to place Resistance Support lines the easiest wayHello everyone, my name is Manuel and I'm new to using Trading View, I've been trading successfully for the past five years and it is time for me to pass down some knowledge. I hope you enjoy the tutorial and don't forget to follow me in case you need my help. See you on the trading deck!
LYFT will give your account a liftConsistent gains on lyft buy signal. I added on the buy. Good luck!
LYFT consolidation continues before next leg higherA failure to breakout would most likely move sideways around $50. That level seems to be a strong gravity level for this stock over time.
LYFT: Ascending Triangle, confirmedAscending Triangle, confirmed.
Pros:
Descending volume during formation
Volume increase at break out
Golden cross in blue
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 13, high
200MA ascending
250RSI above 50
PT = 80.40$
LYFT - call options now - 2 day playwatch for small dip
get call options
play to earnings, sell at the high
LYFT - Projected RangeNo position but this is the range I'm guessing it will occupy up til earnings.
$LYFT - take off?I have played options on this a couple of times. Was stopped out once and booked gains the other time
Stochastic and MACD shows nothing but room to boom
ATR is supportive
Watching for reversal
Alert set for $49.31
6/10 bull on this
-17% percent down i don't like this chart only daily time frame. that's it. If you are looking to get in, just WAIT.
LYFT - Drop to lower channel range (Hourly)LYFT should drop back to the lower range of the channel probably over the next day or two.
LYFT FlagLYFT is looking like a sympathy play off of UBERs breakout today. It may be lagging and will follow the flag breakout the same way uber did. If breakout holds look for 55 as target.
$LYFT on a break out? The chart has all the chart indicators one could hope for.
The stock is prone to news and I am wary, watching, and ready to pick up call options.
$LYFT - golden cross is coming This could make a golden cross next week.
It had some negative news and I was stopped out of an option i picked up.
I may reenter if it can break the resistance at $49.15
LYFT over 50.79Consolidation box here looks ready for a move higher. Can benefit from economy reopening news.
