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.
$8.70 Price Target
$11.30 Risk Management Stop
3 weeks Trade Duration