gNnairdA

bearflag/ Head and shoulders. Lower levels likely.

NYSE:LMND   Lemonade, Inc.
Looks like the wedge break out did not have enough bear follow through, so its likely to go lower. If we take the height of the head and the pole of the flag the downside may be about 36-37 where that downward sloping trendline is. I did not start a position yet but as can pay off to be patient before wanting to jump into these kinds of companies. if bulls are strong enough it could also retest the outside of the wedge and go up however I we would have to wait for confirmation.

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.