WWW showing bullish signs for a long position as price has broken out and held so far above $34, with a gap fill above looming. Newly over the 50 and 200 Day moving averages, a tight stop on this trade presents a great opportunity for high reward to risk ratio.
I can see both a cup and handle breakout, as well as an inverted head and shoulders pattern breakout....
LYFT is displaying a potential long setup as price is currently forming an ascending triangle pattern. A move above $50 would indicate a breakout to the upside, preferably with volume. Price above the 50 day is encouraging for a long position.
Price has been testing the $50 resistance since September 2019, consolidating for the past 15 months. Breaking out of...
A meaningful line of support and resistance at around 20.50 has been tested since May 2019. Positive signs for a long perspective include the price being above the 200 day moving average, an upward facing 50 day, and a continuous retest at 20.50 resistance.
Would like to see a volume surge through this area, with the MACD also turning up, to help support the...
