LAZR (was GMHI Pre-SPAC) *BIG GAMBLE*
Updated
Rumors of Apple using Luminar hardware, even if Apple ultimately settles on licensing some tech and building its own sensors, will likely send this one higher on speculation.
I also like the coincidental timing with the current Symmetrical Triangle.
Will we see it break up? I think so but I also detailed the chart with technical levels to be aware of.
I did link my chart from this one Pre-SPAC when it traded under GMHI.
I no longer hold any of this one.
Cheers!
I also like the coincidental timing with the current Symmetrical Triangle.
Will we see it break up? I think so but I also detailed the chart with technical levels to be aware of.
I did link my chart from this one Pre-SPAC when it traded under GMHI.
I no longer hold any of this one.
Cheers!
Trade closed: stop reached
As highlighted above, the short-term long play deteriorated but the "plan B" was within 5% of the originally noted $25 target to flip short and open new long ;)
Opinion: This is still a nice long-term investment idea.
Note
Tradingview market book shows the lowest ask at 33.65 and the lowest bid at 22.00..... that would coincide with the white linework looking for a gap-up. this would create an island bottom.Note
screen capture of order booksiasky.net/RACLQtlrVCICM0Jhyb2wvl9On9S8aqCTsvt3-W5g1mP_Sw
Note
forgot to post this one
Related publications
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.