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Ascending Triangle $62
If you are purely a pattern trader, Lyft is looking fantastic, with a measured move to $62.
I would look how earnings are (reported this week), and if strong, can buy the breakout of this triangle, and if weak, can potentially buy at the bottom of the triangle, for a future breakout.
Great looking chart. Options up to $55 make a lot of sense on this one. That is how I am playing it.
I would look how earnings are (reported this week), and if strong, can buy the breakout of this triangle, and if weak, can potentially buy at the bottom of the triangle, for a future breakout.
Great looking chart. Options up to $55 make a lot of sense on this one. That is how I am playing it.
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