Candlestick_Ninja
5 days ago
$lazr 📈 Key Insights for post 1PM EST Close on April 25th 2024
LAZR is consolidating around the $1.34 level, indicating a period of stability before a potential rally.
Expectation for a continuation of the rally to test recent highs, with targets at $1.60-$1.66 and $1.78.
Bullish scenario suggests a squeeze once resistance levels are broken, with $2-$2.20 as key targets.
📬 Disclaimer: For informational purposes only. Not financial advice. Trade at your own risk. #LAZR, #LuminarTechnologies, #StockAnalysis, #TechnicalAnalysis, #BullishSqueeze, #PriceTargets, #MarketForecast, #TradingStrategy, #TA, #FibonacciLevels
Candlestick_Ninja
1 week ago
This week could be the one! Despite some institutional selling putting a damper on things, I'm issuing a bull warning to maintain your conviction on LAZR as we may see a breakout soon.
📊 LAZR Update:
Short Interest vs Float: 26%+
Short Ratio (Days to Cover): 14 days and climbing
Dark Pool Off-Exchange Shorting: A whopping 72%
These stats from Fintel indicate heavy short interest, with over a quarter of LAZR's float held short and a significant short ratio. Notably, the dark pool off-exchange shorting stands at a staggering 72%, suggesting intense bearish sentiment.
📈 Technical Outlook:
Despite the recent pressure, LAZR's chart shows signs of potential strength. With shorts heavily positioned against it, any positive catalyst could trigger a short squeeze.
📉 Institutional Selling:
While institutional selling has held us back a bit, it won't last forever. The shorts are desperate to hold this down, but their grip may be slipping.
🔍 What to Watch:
Keep a close eye on key resistance levels and any news catalysts that could trigger a breakout. This could be the week we've been waiting for. 📬 Disclaimer: For informational purposes only. Not financial advice. Trade at your own risk.
#ta #TechnicalAnalysis #lazr #evstock #shortvix #longstock #luminartechnologies
Candlestick_Ninja
1 week ago
$lazr and $oust have very similar formations, but I'm more bullish LAZR Luminar Technologies and think Monday or Tuesday it could start squeezing!
OUST as of 4/20/24 shows an off exchange short interest at 39% and 16% short interest, and 6 days and some change to cover: https://fintel.io/ss/us/oust - Total institutional share ownership is at 32% on OUST with a .1425% average position ownership, which due to price differences and all I only care about the 32% figure, not the allocation.
LAZR's off exchange short ratio increased since Thursday to 72%+! Days to cover is still in the double digits at 14 days, and was at a whopping 28 days on Thursday! Both will probably rise in unison, but I like LAZR a bit more personally from the short squeeze potential point of view https://fintel.io/ss/us/lazr -- In institutional ownership terms, LAZR is very close to OUST at 36%!
YT/Rumble: CandlestickNinjaTV
All Posts are for Info & Educational Purposes Only!
GLTA! 🥷
Candlestick_Ninja
2 weeks ago
Bullish Diamond, once the VIX Breaks $17 we rip!
LAZR, OUST, MULN, ANY STOCKS you look at are being bogged down by a $17+ VIX, don't judge the stock, judge the systemic effect of the Fear Index on the market.
Bullishness on my end? Unchanged. Status, 100% very bullish all hands on deck, powder deployed, Let's Go! https://www.tradingview.com/chart/LAZR/E1CHT5Z8-LAZR-Focused-on-the-intraday-diamond-break/
Candlestick_Ninja
2 weeks ago
$lazr $vix Despite recent drops, LAZR remains a prime candidate for a short squeeze, especially given the metrics indicating significant short interest:
Short Interest: 82,099,423 shares
Short Interest Ratio: 28.71 Days to Cover
Short Interest % Float: 26.35%
Off-Exchange Short Volume: 1,467,716 shares
Off-Exchange Short Volume Ratio: 60.39%
While LAZR may experience intermittent drops, these are part of the territory for volatile stocks like this.
The VIX index, known as the fear gauge, tends to spike during periods of market uncertainty. Interestingly, spikes in the VIX can often trigger short squeezes, as heightened volatility forces short sellers to cover their positions, driving prices higher.
Disclaimer: This analysis is for informational purposes and educational purposes only!
📊 Hash Tags: #LAZR #ShortSqueeze #VIXIndex #StockMarketAnalysis #TradingStrategies #MarketVolatility Let me know your thoughts!
Candlestick_Ninja
2 weeks ago
$LAZR $MULN
MULN has perfectly aligned with the base of our wedge support, signaling a potential bounce from oversold conditions. Yesterday's 15-20% drop provided a much-needed opportunity, and I've taken advantage by adding positions at current prices.
Both LAZR and MULN's trajectories hinge on the VIX's behavior, which appears poised for a drop below 18 in the coming days. Keep a close eye on the VIX as it forms a daily bearish piercing pattern, aiming to breach previous resistance levels. We need today's candle to close with at least 50% of the prior candle "eaten" by its wick. Check out this video for more!
** All info posted by Candlestick Ninja, CandlestickNinjaTV or any other related posts or channels are for info or educational purposes only and should not be solely acted on for any buys, sells or trade executions... these are not recommendations, I'm not getting paid comms or fees ;)
Candlestick_Ninja
3 weeks ago
Wall Street/BoAs market manipulation got us to $1.20, my stop was triggered circa $1.78/$1.79, buying back in on market open prices, I'll see if I should await a post 9:30AM shotgun buy or a split of my powder, but that's the plan! ATRs that are 25% of a stock PPS in sub penny stocks is annoyingly common, GLTA! One Love ~CN -
I-Glow
1 month ago
Looks like more bad news - a Law Firm That has been successful in Class Action Suits.
"NEW YORK, NY / ACCESSWIRE / March 28, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Luminar Technologies, Inc. ("Luminar" or "the Company") (NASDAQ:LAZR). Investors who purchased Luminar securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/LAZR...
Investigation Details:
On or around March 17, 2023, media outlets reported that the semiconductor developer Lidwave had accused Luminar of attempting to pass off a Lidwave chip as Luminar's own technology after showing an image of the processor at a recent investor conference and in materials on its website, threatening Luminar with legal action. Luminar subsequently removed the images in question from its investor presentation and website. On this news, Luminar's stock price fell $0.68 per share, or 8.02%, to close at $7.80 per share on March 20, 2023.
Then, on February 27, 2024, Luminar issued a press release reporting its fourth quarter and full-year 2023 financial results. Among other items, Luminar reported non-GAAP earnings per share of -$0.20 for the quarter, missing consensus estimates by $0.01, and revenue of $22.11 million, missing consensus estimates by $5.19 million. On this news, Luminar's stock price fell $0.12 per share, or 4.8%, to close at $2.38 per share on February 28, 2024.
IG
Candlestick_Ninja
1 month ago
3/28/2024 Ticker LAZR - Luminar Technologies Bullish Analysis Update: bullish analysis remains on track following a strong 10% rally. We've successfully breached short-term resistance at $1.90-$1.92, setting the stage for further upside potential. Keep an eye on the $1.90 level for potential entry opportunities before our next leg up towards $2.20. Beyond that, we're aiming for the $3.40 to $3.80 zone, with Tipranks valuing us at $3.80, a target we anticipate surpassing. Stay tuned for more updates! 🚀 Also, here is my #tradingview #stockchart https://www.tradingview.com/chart/LAZR/FgDsCQHi-On-Track-to-my-first-target-of-3-40-After-we-break-2-20-though/ **Content is for informational and mainly educational purposes only, to show you another view real time of how markets are analyzed by a wing trader with almost 2 decades of technical analysis experience in various markets, ranging from Foreign Exchange (Forex/FX), Futures, Equities and Crypto!
Candlestick_Ninja
2 months ago
I wanted to provide you with a bullish update on our stance regarding Luminar Technologies (LAZR). Despite the possibility of a drop to $2 or even $1.92-$1.95, as indicated by the downward sloping trend line just below the $2 psychological level (you can find a detailed analysis update on my YouTube channel Bullish Update
), I remain optimistic.
Currently, I have allocated over 50% of my investment capital to LAZR, with an average cost ranging between $2.35-$2.40. Additionally, I have set buy limits at strategic levels: $2.25 (40%), $2.05 (40% of the remaining half of my funds allocated to LAZR), and $1.92 (20%). I anticipate that my buy limit at $2.25 will be triggered tomorrow. However, should I miss out on the other buy limits, I am comfortable with the remaining half of my investment being secured at the current market price, ensuring an average cost position.
Regarding my exit strategy, I have set sell limits at $5.50 (25%) and $9.95 (75%). The latter is strategically placed just below the psychological resistance level of $10, which marks the onset of the short squeeze, making this trade highly valuable.
As a side note, when dealing with psychological levels such as $2 and $10, I tend to set buy limits slightly above support levels and sell limits slightly below resistance levels, typically within a range of 2-5 cents, to account for potential fluctuations and ensure optimal execution.
Thank you for your attention, and let's continue to navigate this trade with diligence and confidence.