Get started
balinor

Breakout failed

Short
Luminar Technologies, Inc. (BATS:LAZR)  
balinor Updated   
BATS:LAZR   Luminar Technologies, Inc.
Support and Resistance Trend Lines
4
2
supportandresistance trendline
Yesterday Luminar failed to get outside of the downtrend channel and dropped badly

I suppose it will go down again near 2,20$ before recovering again
Comment:
Bottom reached at 2.15$
An upside move can now happen
Comment:
Price moving as supposed with a strong uptrend now trying to break channeldown around 3.15$
New bullish trend start after closing over 3.60$
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.