Luminar Technologies, Inc.Длинная
LAZR, TIME TO BUY?
Hello fellow traders and investors, here's another trade idea.
LAZR has recently pulled back to the IPO price or in this scenario the support zone. If LAZR makes recovery to the first TP it offers a 55% ROI and the second TP a 95% ROI.
Technicals:
The Macd indicates that LAZR is oversold
The Macd indicates that LAZR is still in a downtrend
The RSI indicates that LAZR is oversold
When To Buy:
When the Macd crosses its moving average and when it breaks above the upper trendline.
When To Sell:
I recommend selling at either of the take-profit areas.
Fundamentals: LAZR engages in making autonomous driving safe and has been backed by top-tier investors. A P/S of 366, debt/equity of 0, sales Q/Q of 37%, an EPS growth Q/Q of -367%, they aren't profitable and have a short float of 5%.
Rating: 65/100, they have decent technicals however they aren't yet profitable so I think a 65/100 is reasonable.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like and follow, Thanks.
LAZR has recently pulled back to the IPO price or in this scenario the support zone. If LAZR makes recovery to the first TP it offers a 55% ROI and the second TP a 95% ROI.
Technicals:
The Macd indicates that LAZR is oversold
The Macd indicates that LAZR is still in a downtrend
The RSI indicates that LAZR is oversold
When To Buy:
When the Macd crosses its moving average and when it breaks above the upper trendline.
When To Sell:
I recommend selling at either of the take-profit areas.
Fundamentals: LAZR engages in making autonomous driving safe and has been backed by top-tier investors. A P/S of 366, debt/equity of 0, sales Q/Q of 37%, an EPS growth Q/Q of -367%, they aren't profitable and have a short float of 5%.
Rating: 65/100, they have decent technicals however they aren't yet profitable so I think a 65/100 is reasonable.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like and follow, Thanks.
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