LAZR Short Interest & Bullish Diamond Formation on 4H Timeframe
As of June 5th, 2024, LAZR Luminar Technologies shows promising short interest and bullish patterns. We've completed a bullish intraday diamond on the 4-hour timeframe and are basing out at key Fibonacci support and resistance levels. To break out of the May 2022 falling wedge, we need to surpass the $2.50-$3.00 range. Current short squeeze figures:
Short Interest: 95,622,129 shares (Source: NASDAQ)
Short Interest Ratio: 31.57 Days to Cover
Short Interest % Float: 28.59% (Source: NASDAQ, Capital IQ)
Off-Exchange Short Volume: 2,150,288 shares (Source: FINRA, including Dark Pool volume)
Off-Exchange Short Volume Ratio: 65.20% (Source: FINRA, including Dark Pool volume)
As of June 5th, 2024, LAZR Luminar Technologies shows promising short interest and bullish patterns. We've completed a bullish intraday diamond on the 4-hour timeframe and are basing out at key Fibonacci support and resistance levels. To break out of the May 2022 falling wedge, we need to surpass the $2.50-$3.00 range. Current short squeeze figures:
Short Interest: 95,622,129 shares (Source: NASDAQ)
Short Interest Ratio: 31.57 Days to Cover
Short Interest % Float: 28.59% (Source: NASDAQ, Capital IQ)
Off-Exchange Short Volume: 2,150,288 shares (Source: FINRA, including Dark Pool volume)
Off-Exchange Short Volume Ratio: 65.20% (Source: FINRA, including Dark Pool volume)
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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.