MarketMastered

#LMND Breakout on daily

Long
MarketMastered Updated   
NYSE:LMND   Lemonade, Inc.
#LMND Entrance at 113.31 breakout has confirmed, just waiting for a peak to be passed at that price level and then it will likely fill the gap from 119 to 126, that can be your first take profit, the second would be all the way up at 166. Option premiums look good, I would anticipate this movement to last 1-3 weeks, but it will move fast above that 113.31 level. Plot your stop loss to your personal tolerance. This is not financial advice.
Order cancelled:
no longer valid, break was false. still bullish
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.