LYFT INC. Weekly Price And Technical Analysis

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LYFT INC. Technical Analysis: Weekly Chart

In the weekly charts, LYFT INC. is trading in a down channel.

It is trading below all SMA.

The immediate support is 32.19 & the resistance level is at 38.11.

LYFT INC. is trading in the down channel until there is trend reversal.

LYFT INC. Technical Analysis: Daily Chart

In the daily charts, LYFT INC. is trading in a down channel.

It is trading below all SMA.

The immediate support is 34.45 & the resistance level is 35.54.

LYFT INC. is trading in the down channel until there is trend reversal. 

How to Trade LYFT INC. this Week:

LYFT INC. will follow the downtrend until their trend reversal. So, remain bearish on LYFT INC.

TRADE SUGGESTION- SELL AT 35.52, TAKE PROFIT AT 34.45 AND STOP LOSS AT 35.54

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