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Luminar Technologies, Inc.
Long

LAZR Luminar Technologies: Bullish Wedge Breakout on the Horizo

215
Luminar Technologies (LAZR) is poised for a breakout from its bullish wedge. Following earnings with a slight EPS miss and Tesla news, we saw a rally. Currently, we're testing support around $1.60. Holding $1.60 and breaking $2.29 are crucial for the bull trend. The real short squeeze could occur above $2.50-$3. With VIX levels to watch at $15-$17.50, stay tuned for potential price action in the coming weeks.

YT/RMBLE: CANDLESTICKNINJATV
candlestickninja
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Chart PatternsTechnical IndicatorsTrend Analysis
candlestickninja
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.