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🚀 LAZR Breakout Alert: Target $1.60 - 4/23/2024-4/25/2024 🚀
LAZR is on the verge of a breakout! With resistance at $1.44-$1.45 in sight, there's an 80% chance we'll break through to reach $1.60 by tomorrow, 4/24/2024.
📊 LAZR Update:
Resistance Break: $1.44-$1.45
Short-Term Target: $1.60
Correction Level: $1.44-$1.46
If LAZR fails to break $1.44/$1.45 today, we might see a drop to $1.38 initially, with a 10 to 20% probability. About 5 to 10% risk is attributed to randomness or idiosyncratic factors.
📉 VIX Analysis:
The VIX is currently pointing towards $15, with short-term psychological resistance at $16. I've entered long calls at $10 strike expiring May 3rd on UVIX as a hedge against volatility.
📈 Technical Outlook:
LAZR's chart suggests a bullish momentum, with a clear attempt to break resistance levels. A successful breakout could lead to significant upside potential.
🎯 What to Watch:
Keep a close eye on the $1.44-$1.45 resistance level. A decisive break above this level could trigger a rapid move towards $1.60.
🎥 Watch More Insights:
Stay updated with our latest analysis on LAZR: CandlestickNinjaTV
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📬 Disclaimer: For informational purposes only. Not financial advice. Trade at your own risk.
#LAZR, #LuminarTechnologies, #StockAnalysis, #TechnicalAnalysis, #BreakoutAlert, #ShortTermTarget, #VIXAnalysis
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