SamSuka
The Long Investor
The Long Investor

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$LYFT - WATCHLIST -

$LYFT like Aston Martin is getting very tight in its wedge now and close to the breakout level, which is at $12.70 right now.

This wedge has formed over 4 years now and $LYFT is also on the cusp of turning a profit

What intrigues me so much about $LYFT is that they are clearly an attractive company for $TSLA or $GOOG to buy to integrate into their Robotaxi ambitions.

With a market cap of only $4.7 Billion, it is far more attractive than $UBER to buy.

A breakout and the next test is at the 200 Day MA at $15 and then the blue line at $21.

$LYFT - WATCHLIST -

Comments

Only thing concern me is TSLA Robotaxi which is coming on OCT 10th, but good to start and DCA

Shailesh Patel


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