Premium Only Content

🚀 LAZR Luminar Technologies Update - May 6th, 2024: Earnings Surprise Ahead! 🚀
Get ready for an exciting week ahead with LAZR Luminar Technologies! We're seeing the upside earnings surprise being priced in, coupled with a massive falling wedge that's about to break out above $1.70 and then soar to $2.00-$2.20 on the second wedge.
LAZR Analysis 5.5.24-5.7.24:
Earnings may be the catalyst for this breakout, but that's not all. I've also identified a weekly diamond pattern, indicating a perfect storm for a rise. Watch out for any gap downs below $1.68 (we saw $1.51-$1.52 after hours) - these are just shakeouts orchestrated by market makers. Stay strong and don't let them fool you!
Short Ratio as of May 5th, 2024, is at 22 days to cover or more, with short interest vs float/outstanding at 25% or more. Dark pool off-exchange trading is over 50%. We're on the brink of something big, and I'm more convicted on this trade than anything else I hold!
Bolstering LAZR Bull Sentiment:
Remember, we're also keeping an eye on the VIX, which further supports our bullish stance on LAZR. As the VIX falls, the stage is set for heightened bullishness in stocks like LAZR. The VIX's decline indicates decreasing volatility and rising confidence in the market, both of which are favorable for LAZR's upward trajectory.
Reference: Today's S&P500 (#SPX) #technicalanalysis FOR 5.6.2024 (Week Ahead): https://www.tradingview.com/chart/SPX/Cy8qYahX-S-P-500-SPX-May-6th-Week-Ahead-Bullish-Harami/
Reference: #VIX Projection/Bias until sub $12: https://www.tradingview.com/chart/VIX/8afEp4vQ-A-walk-the-VIX-Memory-Lane-may-be-most-beneficial-to-any-trader/
Reference: #shortinterest figures are well within high #shortsqueeze probability! https://fintel.io/ss/us/lazr
🎥 YouTube: CandlestickNinjaTV
📈 TradingView: CandlestickNinja
🎥 TikTok: @candlestickninja
📘 Facebook: CandlestickNinja
🔗 Rumble: CandlestickNinjaTV
📬 Stocktwits: Candlestickninja
💼 LinkedIn: CandlestickNinja (Coming Soon!)
Disclaimer: For informational purposes only. Not financial advice. Trade at your own risk.
📉 #LAZR, #LuminarTechnologies, #EarningsSurprise, #FallingWedge, #StockAnalysis, #BullishTrend, #ShortRatio, #DiamondPattern, #TechnicalAnalysis, #TA
-
1:34:52
Glenn Greenwald
4 hours agoIs There Evidence of Epstein's Ties to Israel? Yes: Ample. Brazil's Chief Censor Orders Rumble to Ban US Citizen and Turn Over Data | SYSTEM UPDATE #486
85.8K51 -
LIVE
SpartakusLIVE
2 hours ago#1 Monday MOTIVATOR || Charity Stream Wednesday, The Gauntlet SOON, and 2v2s RETURN?!?!
365 watching -
8:01
MattMorseTV
6 hours ago $0.52 earnedTrump just DROPPED a BOMBSHELL.
89817 -
1:05:16
BonginoReport
4 hours agoMore Questions Than Answers After Assassination Attempt Anniversary - Hayley Caronia (Ep.89)
133K64 -
LIVE
The Jimmy Dore Show
3 hours agoTrump Gets RATIO’D Over Epstein Post! Israel Building Gaza Concentration Camp! w/ Adam Carolla
8,349 watching -
LIVE
JdaDelete
21 hours agoThe Legend Of Zelda Breath of the Wild | July Gone Wild #11
63 watching -
1:12:52
Kim Iversen
5 hours agoTucker Calls Out Israeli Blackmail — GOP Reels Into Civil War
99.6K160 -
LIVE
StuffCentral
5 hours agoStuff Citizen after some Rumble Craft
45 watching -
57:19
Candace Show Podcast
5 hours agoTrump Gone Wild! Is Jeffrey Epstein Even Dead? | Candace Ep 215
107K302 -
58:16
Redacted News
7 hours agoThe Secret Space Program IS REAL and this Whistleblower is EXPOSING all of it
54K216