LYFT INC (LYFT) is currently trading approx 64% below fair value, its currently unprofitable and not forecast to become profitable over the next 3 years. Revenue is forecast to grow 26% per year. LYFT bounced off falling wedge support yesterday amid a massive volume spike, totalling 56,019 000 (avg 10,857 930) . Total shares outstanding amount to 306,808.
52-Week Range14.56 - 54.69 5-Day Change +0.88 (+3.05%)
Watch for a break, hold and close on the daily time frame above (1) for further upside action.
Time horizon for this trade set-up is for the short-medium term.
52-Week Range14.56 - 54.69 5-Day Change +0.88 (+3.05%)
Watch for a break, hold and close on the daily time frame above (1) for further upside action.
Time horizon for this trade set-up is for the short-medium term.
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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.
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.