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Bottomcatcher is an independent investment research firm dedicated to providing trading content to its members enabling them to become profitable when trading the markets.

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๐Ÿ”” ALERT MESSAGEโ—๏ธfor Ticker (LYFT)

08/11/2021

LYFT INC

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๐Ÿ“… Date: 08/11/2021

๐Ÿงพ Asset: Ticker (LYFT)

LYFT INC

Trading information:

LYFT printed good earnings and revenue numbers which could lead to a substantial move over the coming sessions. Currently just sitting above its 200 day line as it approaches trend line resistance. If the bulls can push through this barrier it should provide a straight shot to the 65.0 - 68.0 region for quick profit taking. Any weakness around these current levels negates this bullish setup for the short term.

Note: This security is currently NOT in our buy zone.

Probability rating of breakout and follow through to target = 55%

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