Not sure I was taking a cue from ChatGPT and was hallucinating when I heard at investor day that LMND is targeting end of 2027 OR IN IRL ALMOST 3 YEARS FROM NOW to be cash flow positive....and yet the stock doubles. Yes Toto we're not in Kansas anymore....but in a weird wacky world where some diminutive being is pulling levers and making this stock go nuclear.
Have we seen this movie before? Yes we have and it doesnt end well.
Short term and I mean days not weeks I expect a pull back strictly on technicals. Stochastic RSI has been floating higher than helium and what floats high must come down eventually.
Shorting this one with a target of low 40s in the next 2 weeks. Good luck to all.
Have we seen this movie before? Yes we have and it doesnt end well.
Short term and I mean days not weeks I expect a pull back strictly on technicals. Stochastic RSI has been floating higher than helium and what floats high must come down eventually.
Shorting this one with a target of low 40s in the next 2 weeks. Good luck to all.
交易結束：目標達成
Taking profits here and bears make money and pigs get slaughtered. BTW for those of you keeping score, if you take the time to look at the short trade that was initiated on July 21 and closed on Aug 8 you will indeed see that it was another profitable LMND short trade. GLTA
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