LYFT is at a critical point after a 23% positive push today, after partnering with Waymo in Nashville
This level is a critical point for LYFT. It happens to be a confluence between a descending trendline that started in the week of the LYFT IPO in late March 2019.
The descending trendline was also touched in March 2021, and now it has been touched again this week of September 2025.
So, I feel that if this asset can break through this zone sustainably, we might see a possibility of this asset moving towards the psychological zone of $30 per share.
However, if it falls below this level and the yellow zone continues to act as resistance, we might see Lyft falling back towards the $18.50 zone as indicated by the light green trendline.
So, in all, I’ll be watching around this confluence zone between the descending trendline and the horizontal yellow line.
For now, I am patient to get a direction
This level is a critical point for LYFT. It happens to be a confluence between a descending trendline that started in the week of the LYFT IPO in late March 2019.
The descending trendline was also touched in March 2021, and now it has been touched again this week of September 2025.
So, I feel that if this asset can break through this zone sustainably, we might see a possibility of this asset moving towards the psychological zone of $30 per share.
However, if it falls below this level and the yellow zone continues to act as resistance, we might see Lyft falling back towards the $18.50 zone as indicated by the light green trendline.
So, in all, I’ll be watching around this confluence zone between the descending trendline and the horizontal yellow line.
For now, I am patient to get a direction
注释
At a critical zone as I analysed
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