LYFT – Major Weekly Breakout

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LYFT – Major Weekly BreakoutLyft, Inc.BATS:LYFTmanueldelcura1Technical Context: LYFT has broken through a multi-year resistance zone around $20–$22 with strong momentum. This is the first weekly close above this key level since 2022. Price is now extended, so I’ll wait for a potential pullback or consolidation to confirm support. Trade Plan: Entry: Only on confirmation that $20–$22 holds as support (resting bar, inside bar, or retest). Stop Loss: Below the retest low or under $20 if support fails. TP1: $28–$30 (next supply zone). TP2: Potential continuation to $35 if trend remains strong. Management: Move SL to breakeven after TP1 and let one position run. Bias: Bullish as long as price stays above the breakout zone.