US Stock In Play: $LMND (Lemonade Inc)

12 Oca 2021

LMND have imposed a staggering rally of +49.23% cumulative gain in 3 days upon breaking out of its 3 weeks Symmetrical Triangle consolidation. The consequential breakout was met with healthy transactional volume, affirming a resumption of its prior bullish momentum established since early December 2020.

With average price volatility currently at all time high level of 114.77/DAY, this morning's breakout further implied a 157% increase in price volatility to close the session at $183.26, a fresh new all time high level for LMND.