Lyft has traded well off the lows and on ever increasing buy side volume.
Sentiment has changed towards the stock as investors are now looking for some laggards with good potential returns.
MACd is up-trending and a cross above zero would be very positive.
RSI and Stochastic also trending higher in a bullish trajectory.
Stock is quite a congested area of price action so may remain in this channel between support and resistance for a little longer.
Sentiment has changed towards the stock as investors are now looking for some laggards with good potential returns.
MACd is up-trending and a cross above zero would be very positive.
RSI and Stochastic also trending higher in a bullish trajectory.
Stock is quite a congested area of price action so may remain in this channel between support and resistance for a little longer.
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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.