LYFT has run up into resistance, which is now only its third test. Its run up into resistance was on declining volume. It also is exceeding its average true range and needs the moving averages to catch up before it can continue the trend. This points to a bounce off resistance leading to a pullback to the moving averages.
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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.