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Elpidaldo

LAZR: WEDGE ABOUT TO BREAK

Long
Luminar Technologies, Inc. (NASDAQ:LAZR)  
Elpidaldo  
NASDAQ:LAZR   Luminar Technologies, Inc.
Wedge Triangle Fundamental Analysis lazr lazrbuy wedgebreakout breakout breakoutsignal breakoutsetup tradeidea
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wedgepattern triangle fundamental lazr lazrbuy wedgebreakout breakout breakoutsignal breakoutsetup tradeidea
LAZR:
Nice consolidation within a symmetrical triangle/wedge. Ready to break.
A break to the upside would give us a first potential target of 46.50 usd +

Wait for confirmation before entering as it could also break to the downside.

One concern: the 200 MA is quiet far.
But I'm leaning slightly bullish based on the Tenkan support (Blue line-Ichimoku).

Trade safe.
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