LAZR Luminar Technologies: Bullish Wedge Breakout on the Horizo

Luminar Technologies (LAZR) is poised for a breakout from its bullish wedge. Following earnings with a slight EPS miss and Tesla news, we saw a rally. Currently, we're testing support around $1.60. Holding $1.60 and breaking $2.29 are crucial for the bull trend. The real short squeeze could occur above $2.50-$3. With VIX levels to watch at $15-$17.50, stay tuned for potential price action in the coming weeks.

YT/RMBLE: CANDLESTICKNINJATV