CFD Trading –Sell LYFT Inc. – Class A (LYFT.NAS) @ $10.40. Stop @ $11.30 and Target @ $8.70.

LYFT Inc. – A Stock Code LYFT.NAS


Price broke below the cloud in the previous trading session, changing the chart outlook to bearish.  Conversion and Base lines had a bearish crossover and is hinting at a bearish price trend. Lagging Span is below price of 26 days ago and is below the cloud, confirming the bearish price trend. MACD has a bearish crossover and is hinting at a price decline. We think price is likely to move lower to the next price support target at $8.70 in the next 2-3 weeks.


$10.40                Sell

$8.70                 Price Target

$11.30                Risk Management Stop

3 weeks              Trade Duration

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.