LAZR (was GMHI Pre-SPAC) *BIG GAMBLE*

Rumors of Apple using Luminar hardware, even if Apple ultimately settles on licensing some tech and building its own sensors, will likely send this one higher on speculation.

I also like the coincidental timing with the current Symmetrical Triangle.

Will we see it break up? I think so but I also detailed the chart with technical levels to be aware of.

I did link my chart from this one Pre-SPAC when it traded under GMHI.

I no longer hold any of this one.

Cheers!

Trade closed: stop reached:

As highlighted above, the short-term long play deteriorated but the "plan B" was within 5% of the originally noted $25 target to flip short and open new long ;)

Opinion: This is still a nice long-term investment idea.

Comment:

Tradingview market book shows the lowest ask at 33.65 and the lowest bid at 22.00..... that would coincide with the white linework looking for a gap-up. this would create an island bottom.

Comment:

screen capture of order book
siasky.net/RACLQtlrV...S8aqCTsvt3-W5g1mP_Sw

Comment:

forgot to post this one