$LUMIA WILL BREAK THROUGH RESISTANCE
LUMIA is on fire, up 25.4% to $1.481! This rapid riser's technicals look promising.
RSI's at 84.21, MACD's showing a robust crossover, and it's trading above its 50-day and 200-day moving averages.
LUMIA broke out above $1.20, potentially targeting $1.80. However, being overbought might lead to consolidation.
Key levels to watch: support at $1.20, resistance at $1.60, and next resistance at $1.80.
Bullish sentiment's growing, and trading volumes are increasing.
Next steps: monitor consolidation above $1.40, potential retest of $1.20, and adjust targets accordingly.
Keep in mind: overbought conditions may lead to a short-term correction, so monitor volume and market sentiment.
