Lemonade (LMND) Recently Broke Out Above the 50-Day Moving Average

From a technical perspective, Lemonade (LMND) is looking like an interesting pick, as it just reached a key level of support. LMND recently overtook the 50-day moving average, and this suggests a short-term bullish trend. The bullish case only gets stronger once investors take into account LMND's positive earnings estimate revisions. There have been 6 higher compared to none lower for the current fiscal year, and the consensus estimate has moved up as well. Investors may want to watch LMND for more gains in ...