Possibles areas of rebound with fibo extensions

1 Nis 2019

On friday LYFT launched its IPO at the price of 86.75 but the price close at 78.28 with a negative change of 9.7%, according to the fibonacci extension applied to the 15 minutes chart, from the high to the low before the reversal structure, the downside movement can reach the prices of 75, 67 or 56 before could see a important upside movement.