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April 11th, 2019: LYFT 15-min Chart

Posted by pugsma on April 11, 2019

1:05 pm EST:  Here’s another short-term (few days to a week) look at LYFT price action.  The bullish IHS pattern that was identified off the initial 66.10 low (following a 16 point drop) played out as a 10 point (+15%) move up to 76.10.   Now at the 59.75 low, there was another 16 point drop that has the potential to move up another 10 points to 69.75 and the upper (purple) trendline and 70.36 to 69.50 gap area.  A break below 59.75, negates this potential bullish short-term pattern.

LYFT 15-min chart:

LYFT Technical Analysis

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