Gaps are very interesting to me, although I’m not quite sure of their logic. , for instance, had a price gap from eons ago at $15.99. Yesterday the price leaked at $15.95 and is now backing off. I’d thus consider the price gap sufficiently sealed, following a doubling of price since May.(Click on image to enlarge)
Longer-term, you can see what sorry shape LYFT is in, in spite of the dead cat bounce. It’s about $14 now, but it was about $88 when it came public.(Click on image to enlarge)
In sharp contrast to this, its competitor is doing just fine and dandy, powering to lifetime highs.(Click on image to enlarge)
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The Lyft Gap
