Hi Shoppers,

There is a possible double bottom and a hammer on the Lyft (Ticker: LYFT) chart:

I think LYFT can trade back up to its 50 day moving average at $13.50.

I will  watch for a confirmation today of LYFT opening and trading higher.

Looking at the LYFT calls, I like the Dec02 expiration:

The Dec02 11 calls look like a good purchase right around $.50.

Trade Review

I last called for Gap Inc (Ticker: GPS) to trade lower and recommended some puts.

GPS traded higher instead, so no trade was made.

Don’t take your eye off GPS just yet.

Yesterday looks like a doji and it could trade lower, then I will be a put buyer.

Thanks for Reading … See You Next Tuesday.

Licia Leslie