Stock Market: LYFT INC. Price Chart, Analysis And Trading Signals

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 32.20 & the resistance level is at 36.05.

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 33.30 & the resistance level is 34.89.

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 down trend until their trend reversal. So, remain bearish on LYFT INC..

TRADE SUGGESTION- SELL AT 34.07, TAKE PROFIT AT 33.30 AND STOP LOSS AT 34.89