LTFT breaks out over lower VWAP bands LONG

9 thg 4

LYFT on a 15 minute chart hit a high pivot about 3/20 and then fell until April 4 where a low

pivot reversal occurred. VWAP lines and a volume profile serve to support a bullish bias.

LYFT will likely rise to the Fibonacci level on the chart confluent with the mean anchored VWAP

or the zone of 19.25. If there is enough momentum passing through that high volume, liquidity

and volatility zone it could continue and push into the 20 level. I will take a long trade here

also noting the TSLA news regarding RoboTaxi has potential relevance. It is not beyond the

realm of possibilities that a partnership between TSLA and LYFT and or UBER comes on the

scene. This would provide a further catalyst of fundamental support for LTST's market cap.