LAZR trade ideas
$LAZR Luminar Tech Potential Trade Setup
Alert set at $35.00 for potential entry on a break
above Point of Control (red-line)
0.5 Fibonacci level.
Targets as per Fibonacci retracement levels.
Strong volume today which may ignite a rally.
$Lazr LongLazr looking like a nice triangle, making a possible 1,2 a retest of the trendline all indictors show upside potential if not i would wait to see if it can make a longer correction for more bullish upside,, overall volume increasing also bullish as well!
$LAZR - hit level already made 30%I have LAZR on replay with limit order.
waiting on what the market does after 2pm ET fed talks.
Buy: $35 strike call options
expires Feb 19
sell at 30-50%
LAZR breakout imminent! Buying opportunity!$LAZR (Luminar Technologies) is on the verge of breaking out of the bullish pennant. Playing this breakout is relatively easy since you can set your stop limits close to your entry. LAZR has been holding the 21 EMA for a month, which is a good sign. RSI and StochRSI are curling up. There is hidden bullish divergence here as well.
Entry: close above the pennant
Profit targets: $38, $40, and $45
SL: $29
4h Triangle Looking HotLooking for a big breakout here in LAZR.They are big tech company that should go up with Biden taking office, what are your thoughts?
Let me know!
Price target $70Consolidation and dried up volume. Breakout is imminent. Conservative price target $50, optimistic target is $70. Strong EV play
LAZR Wedge Tightening (LONG)LAZR wedge has been recently tightening. Today it finally crossed over the 9 EMA. Looks like it might coil a bit more for 3-4 trading days for a big breakout to ATHs. PT set at $40 min.
I'd look for confirmation of convergence from the MACD.
$LAZR coiling here.$LAZR trading above the yellow 50 S.M.A. Formed a beautiful bullish pattern getting ready for a breakout any day now. Loving the setup on this one.
Short Term Target Area: 46
Short Term Target Area: 55
LAZR Long?Luminar develop LiDAR products for AV industry.
Technically about to end a triangle pattern.
Take profits and stop loss on the graph
What was support is now resistance. DangerousBroken support now flipped into resistance. Wait till to see if the price breaks this resistance and can retest as support.
Buy $LAZR - ABCD Correction Wave 12-01-21The following idea is for information purposes only.
Possible entry @$32
1st Target Exit @39
2nd Target Exit @48
This is not financial advice.
Big Drop IncomingBreakdown of support so watch for more red waterfalls to continue. Falling knife bag holders of luminar are moving to cryptos . Failed breakouts and loss of buyers confidence. I smell crash and dumpster fire.
