LYFT Inc. $LYFT has shifted from a bearish swing to a sideways market to a possible bullish breakout. LYFT 4H Chart(click to enlarge)Inverted Head & Shoulders- The 4H chart shows a market that has gone from $around $87 to $47.50.- But since the initial volatility, price has relatively stabilized.- For a couple of months price has been holding below $63.35.- Price broke above this resistance during the 6/19 session.- The bullish outlook resulting from this breakout should be limited to the short-term. - We should also temper the bullish outlook to $70.- $60 might become a key support going forward. UBER 4H Chart(click to enlarge)Consolidation:- UBER has a better looking chart so far compared to LYFT. It has made a new high since its IPO swing.- After the new high around $45.60, it looks like price has been consolidating, in a triangle.- However, price action during the 6/19 session poked above the triangle resistance.- It looks like UBER is ready to continue the bullish reaction after the IPO, perhaps towards the $50 handle.- Another new high is possible if price can hold above $44 over some upcoming bearish swing.