$LYFT Long Entry is Possible 🚗This trade could be risky for short term trading as the price is still making lows. However, if you are looking to hold for 3-4 months, then a small entry here can be beneficial. Today I added like 2.5% of my portfolio. Let's see.Longby raamraj110
Might be forming wave B ending this diagonalI'm feeling like we are ending a diagonal wave and the latest wave formation is a flat (3,3,5). Thus I'm seeing if something like this could play out but we'll see what happens. So pop up to finish wave B, then 5 fractals down. Thoughts, anyone? *Not financial advice, just my ideas. by Mister_FibsUpdated 220
Lyft Being Accumulated?At a commenter's request: Lyft has some interesting patterns. It's currently in a bearish channel established at its inception. Given the state of the economy, I wonder if someone isn't accumulating it while they wait for things to "get back to normal." Drag it down, get it cheap, then wait for it come roaring back.Longby fizzleblam223
Buy 9 shares of LYFT foe Every one share of XLULyft SPDR Select Sector Fund --- 1- No stop loss. - 2- for options is Excellent: 5 call option 3 months contract of SPDR Select Sector Fund for every One call option 3 months contrac of Lyft . ---- Happy Trading!Longby Pairsniper18
Lyft May Have a Descending TriangleRidesharing company Lyft has tried to hold a price range since the spring. Now, after a couple of fleeting bounces, a bearish continuation pattern could be materializing. Notice the high on August 8 near $20, followed by a pullback to $13.75. LYFT then bounced but couldn’t get above $19. That high and lower high have produced a descending triangle -- a potentially bearish continuation pattern. The stock has tried to hold the bottom of the formation this week and could now be at risk of breaking below it. Next, you have the 100-day simple moving average (SMA), which has tracked neatly along the top of the triangle. Prices have also slipped back under the 50-day SMA. Finally, MACD is turning bearish. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStation10
Lyft inc Fib TriangleWaiting for better times for a long-term entry. Sub-35 is my desired price level to kick off the strategic accumulation of the stock. Credible alternative to UBER.by fractUpdated 118
LYFT: Uplift due?LYFT Inc Intraday - We look to Buy at 12.19 (stop at 8.59) Daily signals for sentiment are at oversold extremes. Prices expected to stall near trend line support. We expect a reversal in this move. Dip buying offers good risk/reward. A higher correction is expected. Our profit targets will be 22.86 and 29.00 Resistance: 23.00 / 45.00 / 66.00 Support: 12.00 / 6.00 / 3.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.Longby VantageMarkets1
Long LYFT CallLong Call LYFT Filled @ $0.1875 - Buy Jan-20-23 $40 Strike Calls @ $18.97Longby emperiusUpdated 330
LYFT - Short Position Reviewing a short position I just opened. Entered at 16.51$ as LYFT was approaching the highlighted resistance level and above 70 on the RSI, indicating that it is overbought. I'll be adding shares once I get confirmation of the move to the downside I'm looking for. Simple trade, limited risk as it is not too volatile and I have no problem with holding this over the weekend. Good luck everyone. Shortby LukeCharts074
LYFT Priming up for a reversalLYFT currently trading at 16.72, Trendsi indicators showing that LYFT is moving into the Green lower bands, which indicates a good opportunity. I am looking into trading around 16.56 or lower. Being patience will all my swing plays and making sure all Trendsi indicators signal a opportunity in order to come out green in the market. I normally make my plays a 1 month contract, ensuring maturity in the contract. If you guys are interested or just want updates on certain plays I make, please let me know. I am here to grow as a trader and help everyone grow as well. Longby rc9257Updated 1
LYFT continuing a BreakoutLYFT beat earnings by 4X this past week and so brokeout. On the cloud indicator, the conversion line has diverged above the baseline. LYFT could be watched for breakout continuation. The Awesome Oscillator and VWAP Oscillators validate the breakout, Added to watchlist for Monday, Aug 8th Plan to check UBER. NASDAQ:LYFTLongby AwesomeAvani0
LYFT ready to LIFT OFF!LYFT for a bounce $21-$25 in coming weeks. False bear flag, oscillator turning upward, oversold on many indicators and excessive shorted stock which will bring additional buyers on upward moveLongby ShortSeller76Updated 115
LYFT longTypical example of sawed level at 14.67 It's confirmed by two false breakouts. Volatility down, short interest about 10% Possible upward movement all the way to 18-20 NOT financial advice, use SL and manage your risk! Longby 3kovin0
LYFT-BUY++++This share looks it will take off soon. The "false bear flag" pattern is a classical pattern and will over time recover at least to 50% of the flag pole. I feel $ 21-23 per share is possible. For those into stocks, great opportunity. The break-out point 18.75 of the resistance. Longby peterbokma114
LYFT no change in view extending position further outMy June 3rd calls will likely go to ZERO. Doesn't change the overall target of $28 so I have repurchased 100 July 1st $18 calls with target of $28 in mind. 1/2 position will add on weakness> I believe we should have another 1-3 weeks of bear market rally provided no major events derail the markets. Longby ShortSeller76Updated 2
$LYFT with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $LYFT after a Negative Under reaction following its earnings release placing the stock in drift D. Shortby EPSMomentum0
LYFT-BUY++No change in view. The stock should gravitae back towards 25-28.00 near term. The RSI is very low weekly chart and we got a false bear flag as well, and this means a highly lthe possibility for a correction. Strategy BUY @ 17.00-17.50 and take profit above 23.75. Longby peterbokma224
LYFT-STRONG BUYThe stock has been lagging behind many others, and we have a FALSE BEAR FLAG pattern, which indicates we should see at least a move back towards 25.-30 in the near term. The RSI is very low, and the stochastic (not shown) is low as well and turning. Strategy is BUY current $ 17.40-18.00 for a move to 25-26 initially. Longby peterbokma5
LYFT for a bouncey bounce!Oversold on several indicators looking for a bounce over $26.00. Purchased 200 June 3rd $20 calls when stock was around $19.88 this morning. GLLongby ShortSeller76Updated 1
LYFT-BUY ++The market is overextended and clearly after the earnings, we went south sharply. For now, the technical picture suggest we buy current 20.40-20.60 and take profit 23.75. Longby peterbokma2
Huge OI increases on 4 May - Low Risk CallsThe May 6, May 13, and Jun 17 expiries had big OI increases yesterday, at strikes between 21 and 25. I like the weekly chart for a swing call trade. The green spots on RSI show price should at least make a tradeable bounce from under 22. I will be looking for stochastic to start moving higher and a strong green candle will help strengthen this trade idea. I bought 13May 25 calls for $0.26 The only reason I did not go out to June is because I will sell on a move up out of oversold RSI.Longby OptionsRising220
Lyft: You Gotta Know When to Fold'EmBear Market for Lyft started on November 26, 2021. How do I know? I simply look at the chart. If you heed my advice and exited at that time, you would have lost 50% less than if you exited today. Trust the charts! --- How to understand price action. It is very easy to read price action if you have a reference point. These support/resistance lines are there to help you read where the buyers and sellers are likely to make a stand. You can also think of these indicators as moving pivot points . MasterChartsTrading Price Action Indicators show good price levels to enter or exit a trade. The Blue indicator line serves as a Bullish Trend setter. If your instrument closes above the Blue line, we think about going Long (buying). For commodities and Forex, when your trading instrument closes below the Red line, we think about Shorting (selling). For Stocks, I prefer to use the Yellow line as my Bearish Trend setter (on Daily charts ). A stock has to close below the Yellow line first, then rally towards the Red line and top out there. This is where I would short it.Shortby mastercharts2