Lyft (LYFT) , having declined from $70 to $10 in 2021-2022, has been bottoming out ever since, and it's trading in a three-year range between $10 and $21 ever since. Currently at $16 a share, the stock is in a position to advance to the top of the range, and even higher. A major bottoming-out formation is taking place. On top of that, the stock is starting to move above an important five-year downtrend line — and an important break above said line. LYFT has been rangebound for four years between $10 and $21. We think the stock is on its way back to the top of the four-year range. We're buyers here. DISCLOSURES: None. All opinions expressed by the CNBC Pro contributors are solely their opinions and do not reflect the opinions of CNBC, NBC UNIVERSAL, their parent company or affiliates, and m

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