LYFT on a 15 minute chart hit a high pivot about 3/20 and then fell until April 4 where a low pivot reversal occurred. VWAP lines and a volume profile serve to support a bullish bias. LYFT will likely rise to the Fibonacci level on the chart confluent with the mean anchored VWAP or the zone of 19.25. If there is enough momentum passing through that high volume,...
LYFT stock has done amazing thins in the past. Is history set to repeat itself? Can we get a Lyft to higher prices?
The chart is pointing to a strong move in the short term. The way oversold RSI gives it a good chance to go up. But sometimes the price goes down when the RSI goes up. Good one to watch in the short-term.
Bear Market for Lyft started on November 26, 2021. How do I know? I simply look at the chart. If you heed my advice and exited at that time, you would have lost 50% less than if you exited today. Trust the charts! --- How to understand price action. It is very easy to read price action if you have a reference point. These support/resistance lines are there to...
I've had my eye on KYN Capital Group for a number of months now and after conducting research (outside of a chart), I am very well pleased with the developments of the company. Though it holds little value now from a per stock perspective, Elliott Wave Theory gives indication that this stock could in fact grow 1000% of the next 15 months (more like...
Consistent gains on lyft buy signal. I added on the buy. Good luck!
Hoag's 80% Value Play (Election Day Short-SELL THE NEWS) Uber looks Toppy, Multiple Potential Dbl Tops (Unconfirmed) Reasons for Trade: 1. Have retraced to areas of .618-.786, and to + .786 of its range from IPO high and most recent high, respectively 2.At volume high rn, break back into value, and held for 2 consecutive 30m candles, suggests price will revisit...
After our March low, we've rallied +140% off the lows and formed a huge ascending triangle. Given our bullish momentum, it's likely we continue upwards into the green zones highlighted around the $40 and $47 marks. RSI is not oversold and has been coiling, which shows signs of momentum heating up with plenty of room of run. If we break out from here, there is a...
✨ New charts every day ✨ Like, Comment & Follow to help the community grow 🎉🎉 --- Grubhub’s stock spiked today by almost 40% due to Uber’s offer to buy Grubhub. That offer is bullish, but the reality is Uber and GrubHub haven’t agreed on a price yet. It is very likely the market won’t be deciding the price based on FOMO, and instead Uber and GrubHub will decide...
✨ We provide charts every day ✨ Drop a requested Ticker in the comments and we will be sure to take a look ✔️ Like & Follow to help the community grow! 🎉🎉 --- Uber Rides got hammered from COVID, taking a $5 billion loss, but Uber Eats saw epic growth. While Uber says business slowly coming back now that the lockdown is gradually ending, the trend is still...
I discussed this short with a trading friend earlier. I'd add to the position if bottom support is pierced through. Bearish on market and Uber.
Uber looking for a potential short term rebound through the pivot point around $33.00 Look for opportunity to take profit at 35 where it initially lowered months back. 15% profit swing trade set-up.
Technical analysis DI+ > DI- cross was made on December 16 . Since then, we have stayed above the 50sma. Since the IPO lock-up (November 6th), OBV has trended upwards on higher highs; RSI is following as well. Fundamental analysis by MorningStar Analysts On Dec. 24 Uber announced: Travis Kalanick, Uber's co-founder, will no longer be on the board...
Analyst earnings review UBER had third-quarter earning results above the top- and bottom-line S&P Capital IQ consensus expectations. However, we still expect losses in Uber Eats, along with more aggressive investments in ATG, to delay Uber’s first full-year adjusted EBITDA until 2022. Analyst target: $58 Uber's IPO lock-up period over!! Tomorrow ...
The charting is difficult for the fledglings, but all of the same. The volume has dropped off a cliff at a new high. Generally not a good sign. I like the service, but it makes no money.