LivermoreGrahamDisciple

LAZR Breakout of Bullish Symmetrical Triangle

Long
NASDAQ:LAZR   Luminar Technologies, Inc.
LAZR has broken out of Bullish Symmetrical Triangle while at the same time my super guppy on my 2 hour chart has indicated a confirmed uptrend... I expect LAZR to easily hit price target 1 and I think it will more than likely hit price target 2 where it will then attempt to find new highs.
Comment:
Was a false breakout. It has fallen back below initial resistance and is now sitting right above initial support. Will be watching price action for either a fall below or a bounce off support. If support holds there should be another breakout attempt in the near future.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.