📉 LAZR Intraday Analysis Update - May 6th, 2024!

We reclaimed our gap down over the weekend, and early morning and premarket trading load-up strategies earlier in the day below $1.60 proved to be a viable strategy. We need a $1.70 break, and as my video shows, we retraced to a .618 level around $1.50-$1.51. Our extension points to $1.80 or so.

The VIX is low but pointing to a fall to $12-$12.50, and the rally to $14 has more or less occurred, off by a little. We may still see $14.50-$15 on the VIX, but expect rises to be inadvertently faded by earnings beats.

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Disclaimer: For informational purposes only. Not financial advice. Trade at your own risk.