INVZ - Innoviz Tech - Potential to 3.40 - 3.50

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INVZ - Innoviz Tech - Potential to 3.40 - 3.50Innoviz Technologies Ltd.BATS:INVZstreak35Hello Everyone , Followers, Happy Sunday to all. Today i will try to publish some analysis and this is the First one. Innoviz Technologies. What are they doing? Innoviz Technologies Ltd is a high-tech firm specialising in the design and manufacture of LiDAR sensing solutions. Providing cutting-edge technologies for autonomous vehicles and other applications, Innoviz operates on a global scale. Innoviz Technologies operates within the automotive technology sector, more specifically in the realm of autonomous vehicles. The company’s main product offerings include advanced LiDAR sensors and perception software, enabling vehicles to navigate and understand the world with higher precision. They are doing something which is important for autonomous Driving experiences and as Quantum technoligies this sector ,i believe, will be the good one to invest future. Financial Details: Market Cap : 463.79M Revenue : 37.68M P/E Ratio : - 5.52 EPS : -0.4188 They are still not profitable company, but investing to RD for futures, there is a similarity with Quantum Computing. Technical Part: Friday it broke the previous high which is 2.05 and closed above this level. Hit this level 3 times in the past and evertime declined from this level. It is above this level now. Volume is also supporting this break. My first target Price level is in 3.40 - 3.50 which is approx %50 above today's proce level. If it reach to this level then i can renew my analysis. I draw my expected patterns in Chart as Yellow and Blue. If it will try to re-test 2.05 level , i would try to buy. For me the light resistance levels are between 2.40 - 2.60 . If you would like to get less Risk then you can wait these levels to break. Other possible price levels you can see in chart as Fib Levels. I am quite optumistic for Innoviz and i have already added it to my watch list for next week. This is just my thinking and it is not invesment suggestion , please do not make any decision with my anaylsis. Have a lovely Sunday to all.