SamSuka
The Long Investor
The Long Investor

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$LYFT - WATCHLIST -

Double beat on earnings and EPS was +48% above estimates

We have been sharing this since Sept before the breakout at $11 and now at $17.78 in the PM

The targets are very bullish but I just chart the theory and what I see and so far they are looking realistic now.

Price will likely test the blue line at $21.48 but if there is a retest of the 200 Day MA at $14.60 and it holds....it's worth considering a position.

$LYFT - WATCHLIST -

Comments

That's it and the risk is reduced holding above this line

Gareth Neary

What means the bull case text on the chart? Is it meant like bull case starts if it gets over the resistance line in blue?

Arthur


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