Lemonade is an American property and casualty insurance company offering renters and home insurance policies for homes, apartments, co-ops, and condos.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $53,00; take-profit — $67,50; stop-loss — $47,50.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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Got in today at $54 and sold at $64 thinking it's too good to be true, sure enough it dropped but then pushed back up to almost 70... looks like it could go much higher. ;)