After triple-topping and losing half their value, Lemonade shares broke the bottom of their downtrend and are currently trying to come back. Nothing appears to be fundamentally wrong with the company, so this trade has relatively low risk. This should be a two-week-long swing. Target sell $140, stop loss $92. Good Luck!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.