LYFT — TLI Research (2026-10-02)

Summary

LYFT (Lyft) — TLI new coverage with a constructive setup. Price has broken above the 200 WMA, challenged the 50 WMA at $17, and is now retracing to retest the 200 WMA at $14. Plan: hold above 200 WMA, then breakout above the 50 WMA + wedge confluence at $16 to re-enter the Bull Case and confirm Wave 3.

TLI Analysis — Key Levels & Timeline

2026-10-02 — email #104086 — Broke 200 WMA, Retest in Progress

Subject: $LYFT Type: Text-based coverage post.

• "This chart is starting to look very good"
• Price has broken above the 200 WMA, challenged the 50 WMA at $17, and is now retracing to retest the 200 WMA at $14
• Plan is simple: 1. Hold above the 200 WMA 2. Breakout above the confluence level of the 50 WMA and wedge breakout at $16
• That would take $LYFT back into the Bull Case and give a strong indication that Wave 3 is underway
• Wave 3 target: 1.618 Fib at $38

Position Context

• Conviction: ⭐⭐ — new coverage, constructive setup
• Key levels: $14 (200 WMA retest), $16 (50 WMA + wedge confluence breakout), $38 (W3 target 1.618 Fib)
• Role: Rideshare / mobility recovery play
• Strategy: Hold above 200 WMA, breakout $16 → Bull Case, W3 target $38

Price Check

• 2026-10-02 — $15.21 (+1.33%). Between 200 WMA $14 and 50 WMA $17. Watching $16 confluence breakout.