LAZR trade ideas
LAZR time to moon this week? 50 possibleWatching for a bounce here to retest ATH, cross on the stochastic good indication of reversal just need volume to pick up for confirmation!
LAZR trade idea Only a buy if it trends down towards the bottom of this triangle and changes the trend back to the bulls
Buy point green line
Stop loss below orange line
Profit Targets are at blue lines
High risk vs high reward potential Possible move:95%
Reward/Risk: 5 (R/R>3 is Ideal)
Time frame: 1-2 wks
This is just my technical view, not a fundamental comment..!
I can make you confused you by a crowded messy chart, but I would rather simple effective presentations..!
LAZR - still got some digesting to doLAZR's hot run is on pause. However, there was a huge price action Friday close to AH.
I would think that this name will stay in range for awhile. Especially, after being Citroned...
LAZR Lotto play PT : 26,61LAZR got shorted so much that the stock price has nearly bottom.
Lotto Play :
Small position around 24,80-25
PT : 26,61 would confirm a potential reclimb.
2nd PT : 29 we could see some resistance and
above 30 you should be out.
$LAZR Retail Suffers on Luminar Tech Pump n Dump, 👀👀 reversal.
Once again a parabolic move comes to a very abrupt end as those high profile Analysts & commentator's dump when the their bank account is full.
Today we may see a reversal as the stock bounces off the Fibonacci Golden pocket.
trade with care and take it all at face value,
Watch for the MA's and Fibonacci retracements levels as resistance
Turning the corner?Tapping 50 SMA on the 15 min chart , rejection off fib after a long pull back
might be setting up for another rally
Looks a lot like the QS chart from a few days ago
Elliot waves 1,2,3,and 4 visible -- 5th wave inc
LAZRHere Time Frame = 1D, the Flag pattern is almost formed, and after its breakout, the target of this pattern will be executed, equal to its "leg", the size of which exactly coincides with the Fib level 1.618 (70.77)
Close the gap and reverse - idea for next weekPotentially observe the area around 25 for a reversal of the sell off. The price already may be oversold and there is a potential to capture 20-40% gains. Stock is volatile so exit at price targets and stick to your stops.
LAZR - December 5, 2020Luminar is the leading autonomous vehicle and lidar technology company for consumer cars and trucking. Luminar is partnered with 7 of the top 10 global automakers and is set to power the introduction of highway self-driving and next-generation safety systems. Shares of the combined Luminar Technologies (LAZR) and Gores Metropoulos (GMHI), a special purpose acquisition company, rose 32% after the completion of their merger. The highly increasing volume and prices of LAZR show to be very promising.
