MFG Trade of The Week

LYFT: A one-stop shop for transport & mobility services

Hey MFG!

The Nasdaq (QQQ) and the S&P 500 (SPY) continue to steadily climb higher and are trading at extreme-high RSI readings again. Oil (USO) and the Dow Jones (DIA) are still in stage 2 uptrends.

A new stage 2 breakout is underway in Gold (GLD) above its 200-day SMA. Bonds (TLT) are trying to form a new stage 1 after it bounced back from its fall to its 200-day SMA.

Bitcoin (BTC) and Bitcoin Cash (BCH) are still in stage 1 accumulation zones.

This week, I trimmed shares of TSLR and opened a swing trade in 2x leveraged silver AGQ.

My last message to you was about my swing trade in Freeport-McMoRan, Inc (FCX). A stage 2 breakout is underway. I’m watching for price to hit my target zone. You could still add shares here on any weakness.

Grab a free copy of Gerald’s ebook You Don’t Have To Die Broke! CLICK HERE!

Always remain bullish and follow The Money Flow.

The Peters Report - Stock & Crypto Trader’s Resource

-GP a.k.a Fullauto11

Looking for a group of likeminded people to trade with? Text alerts and the MFG Discord. Text GP 1-936-661-7786 or email GP fullauto11@gmail.com to join.

NEW ANNOUNCEMENT!!

My newest ebook, The Bread-And-Butter Trading System will be available for sale soon!! I’m not sure where that term came from, but bread and butter are staple American foods.

This strategy became my staple food- my go to strategy to add “alpha” to my buy and hold stock dividend portfolio. It literally became my bread-and-butter trading method.

Stay tuned for the release date and be among the first to get your copy. Don't miss out on this opportunity to step up your buy and hold portfolios and advance your trading skills.

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THIS WEEK’S HOMEWORK VIDEO!! HELP!! I’M 40 & BROKE!! IT’S TIME WE ALL GET OUR SHIT TOGETHER, TODAY!! CLICK HERE!!

Quick trade update: TSLA (TSLR/TSLL) is now trading at an extreme-high RSI and blew through its 200-day SMA and first target zone.

It’s time to trim shares. I took some profits yesterday and I’m letting the rest of my TSLR position run.

[See TSLA chart below with target zones.]

Congratulations to those of you in the TSLA trade! 🥳

MFG Swing Trade of The Week

Today's message is about Lyft, Inc (LYFT), an American company that provides various mobility services, including ride-hailing, vehicle rentals, motorized scooters, bicycle-sharing, rental cars, and food delivery in the United States and select cities in Canada.

Lyft determines fares using a dynamic pricing model that adjusts based on local supply and demand at the time of booking, with prices quoted to customers in advance.

The company earns a commission from each booking.

Lyft is the second-largest ridesharing company in the United States, following Uber.

The Case for Owning LYFT Shares

Lyft, Inc (LYFT) is currently in a stage 1 accumulation zone according to the Money Flow Trading System and trading right below its 200-day SMA.

According to analyst Malik from Morningstar, LYFT has a fair value of $25 and is currently undervalued. You could consider opening a swing or position trade or adding shares to your buy and hold portfolio.

[See LYFT chart below.]

Investors and traders should consider investing in Lyft for several reasons:

• Market Position: As the second-largest ridesharing company in the United States, Lyft holds a significant market share, offering a stable investment in the growing mobility sector.

• Diversified Services: Lyft's diverse range of services, including ride-hailing, vehicle rentals, motorized scooters, bicycle-sharing, and food delivery, provides multiple revenue streams and reduces dependency on a single service.

• Dynamic Pricing Model: Lyft's dynamic pricing model, which adjusts fares based on real-time supply and demand, allows for optimized revenue generation and efficient resource allocation.

• Urban Mobility Trends: The increasing trend towards urbanization and the preference for shared mobility solutions over car ownership present long-term growth opportunities for Lyft.

• Lyft Level 5: Lyft has established its own autonomous vehicle division, known as Lyft Level 5. This division focuses on developing self-driving technology and aims to integrate autonomous vehicles into Lyft's existing ride-hailing network.

• Partnerships with Major Players: Lyft has formed strategic partnerships with leading companies in the autonomous vehicle industry. Notably, they have collaborated with Waymo, a subsidiary of GOOG, to provide Waymo's self-driving cars on the Lyft platform in select cities. These partnerships help Lyft leverage cutting-edge technology and accelerate its AV ambitions.

• Innovation and Expansion: Lyft continues to innovate and expand its services, such as electric scooters and bike-sharing systems, positioning itself as a leader in sustainable urban transportation solutions.

Investors looking for exposure to the mobility and urban transportation sector may find LYFT a compelling investment opportunity due to these factors.

Access my “Trade Ideas” Chart Pack CLICK HERE

GP’s Wrap-Up

LYFT’s position in the autonomous vehicle race could significantly balance its gross and net revenue by eliminating the need to pay drivers. This shift would enhance profitability and capitalize on LYFT's reputation as a more ethical alternative to Uber.

Additionally, LYFT's diverse range of transportation options will increase user engagement and loyalty, positioning the company as a comprehensive solution for all mobility needs.

MFG, it's crucial to emphasize the importance of doing your homework every weekend! This practice is essential for observing market structure and rotation.

By completing my whiteboard playbook, I’m able to pick stocks and find perfect swing trade setups.

This is how I identify all my trades—by diligently doing my homework each Sunday!

If you need help with identifying which stages your stocks are in, or using the Money Flow indicators, consider my course:

“The Money Flow Trading System Swing Trading Bootcamp Course!” CLICK HERE!

"The very best thing you can do for the world is to make the most of yourself." - Wallace Wattles

Always remember, whatever you think about comes about, whatever you focus on grows. - GP

Purchase a hard copy of Gerald’s swing trading strategy book called The Money Flow Trading System. CLICK HERE!

We never know where the market is going to go. We do know the stock market climbs higher 70% of the time. Check your charts everyday and keep in flow. 

If you need help with this, consider Gerald's course, "Getting Started with Stock Charts the Money Flow Way" and you will be ready to add shares to your portfolios on stage 1 when the markets are about to possibly rotate and trim profits when opportunities arise.

They say that you can’t buy bottoms or sell tops; The Money Flow Trading System can show you how to buy ALL the tops and the bottoms and stay in the flow.

That is what the Money Flow Trading System is all about. Being in flow with the stock market. Simple? YES! Easy? NO, but what in life that is worth having is? Stay the course, don't give up and don't get shaken out by wars, the Fed raising rates, rumors of recession, or any other event that may come.

Don't forget, 70% of the time the stock market climbs higher and the other 30% sets up for good buying opportunities.