LAZR Luminar Technologies Update: Bullish Breakout Imminent | 3/27/2024

In our post-market update, we're thrilled to announce the breakout of Luminar Technologies (LAZR) from its longer falling wedge pattern. As discussed in previous videos, this bullish wedge has been nested within other patterns, indicating significant potential for a rally. Moreover, with open short interest nearing 27% and off-exchange/dark pool short interest exceeding 50%, the stage is set for a short squeeze. Today's 5% surge reinforces our bullish outlook on LAZR. Stay tuned for more insights!

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