Stock Of The Day: Where Will The Lyft Breakout End?
1. LYFT reports better-than-expected earnings, marking 16 consecutive quarters of growth. 2. Potential resistance identified at the $18.50 price level, posing risks ahead. 3. Supply and demand dynamics influence LYFT's price movement near resistance levels. 4. Historical resistance at $15.25 could repeat, impacting future trading behavior. 5. Anticipated sell orders might arise if LYFT approaches past resistance levels.