On the 1-hour chart of LAZR, we observe significant technical developments for the trading day of 4/30/2024. The previous Ichimoku resistance has now turned into support, indicating a bullish sentiment.
Key resistance levels to watch:
$1.65: Strong resistance (confluence)
$1.80: Moderate resistance (corresponds to .382 retracement from the rally, which occurred from approximately $3.60-$3.70 to the $1.20 low)
It's worth noting that the last break below $2 was likely due to BoA manipulation, in the opinion of some traders. Once we break the $1.80 resistance, which serves as a significant psychological barrier, we could potentially see a squeeze on short positions, reminiscent of squeezing a lemon.
Key resistance levels to watch:
$1.65: Strong resistance (confluence)
$1.80: Moderate resistance (corresponds to .382 retracement from the rally, which occurred from approximately $3.60-$3.70 to the $1.20 low)
It's worth noting that the last break below $2 was likely due to BoA manipulation, in the opinion of some traders. Once we break the $1.80 resistance, which serves as a significant psychological barrier, we could potentially see a squeeze on short positions, reminiscent of squeezing a lemon.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.