SamSuka
The Long Investor
The Long Investor

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$LYFT - RC -

Continues to behave as we called it and holding so far the crucial $8 support line. It has bounced and pulled back to hold the 0.618 Fib level now, still a bit to do to look strong enough to climb next for Wave C....there were rumours over the last week and a half that $LYFT was considering selling and they said the rumours were not true and it was not for sale. I tend not to believe these statements, everything is on sale for the right price and $LYFT would fit into a companies autonomous driving program nicely. The question is, are big enough companies prepared to spend at the moment. 

$LYFT - RC -

Comments

I would need to see it above $10.47, the blue line before considering it, there is a risk it could reject and go down further or move sideways only

Gareth Neary

What is it you want to see before buying here? Held 0.618. Strong day today, on a red day. Above the 0.5 fib. Do we need break of $10.47 before we are sure?

Oba


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