LAZ trade ideas
Lazard (NYSE: $LAZ) Looks Ready To Leap Higher 🐸Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm in North America, Europe, Asia, Australia, and Central and South America. Its Financial Advisory segment offers various financial advisory services regarding mergers and acquisitions, capital advisory, restructurings, shareholder advisory, sovereign advisory, capital raising, and other strategic advisory matters. This segment serves corporate, partnership, institutional, government, sovereign, and individual clients across various industry areas, including consumers, financial institutions, healthcare and life sciences, industrials, power and energy/infrastructure, and real estate, as well as technology, media, and telecommunications. The company's Asset Management segment offers a range of investment solutions and investment management services in equity and fixed income strategies; asset allocation strategies; and alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients. Lazard Ltd was founded in 1848 and is based in Hamilton, Bermuda.
Breaking above the resistance levelThe stock couldn't break above the resistance several times. After earnings report the stock dropped from the near resistance level, now it's coming with the power of breaking a resistance $47. I will look into a long position on a break above resistance.
LAZ - Short Setup Break of 38.43 Stop signal 40.57, Target 31.57. Insider selling in august big %'s. One could consider June $40 Puts.
LAZARD Strategy DailyHello traders, LAZARD is in a bullish movement with stable buy volume and hammer candle shape. The TIMEFRAME M1 shows marubozu with a volume explosion at the end of the session. Great propability to breakout the price to get to the next high breaking the line that tells the history of the title and then reaching the next high (See TIMEFRAME H4). And if the buyers are still in the process, come back to the breakage of the highest after (View for ca TIMEFRAME H1).
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LAZ wave 2 may be complete, 3 x Risk can be acquired in route to wave 3, making it a great risk/reward trade idea.
Sell LAZDaily shoot star, exhaustion candle
Stoch showing early signs of flat lines
S/L 42.68
T/P 38.84 (gap to fill see 4 hour)
R/R 1.22
Profit Trading
LAZ creating a flag pattern?so far its holding up pretty well and looks to be creating a flag pattern. Usually its a sign of continuation for future move but will see
