By Lawrence G. McMillan
$LYFT has been a classic underperformer since its IPO, trending steadily lower for years. But recently, it gave bulls a reason to pay attention: a weekly MVB Buy signal.
While the long-term downtrend hasn’t fully reversed, there are signs of accumulation under the surface. On the weekly chart (above), you’ll see the recent MVB Buy signal suggesting the tide may be starting to shift.
