LIDR has broken through the resistance level. Can I increase my position?

**AEYE's recent performance and market indicators suggest caution before increasing your position.** Here's why: 1. **Resistance Level Break**: AEYE has not broken through any resistance level, and in fact, it is trading below the resistance level of $1.23. This level has been a barrier to the stock's price, and without a breakout, it may indicate a lack of strong upward momentum. |code|Ticker|Name|Date|Resistance Level|market_code| |---|---|---|---|---|---| |LIDR|LIDR.O|AEye|20250724|1.2300|186| 2. **Market Sentiment**: While there is some optimism surrounding AEYE, as indicated by the expected revenue increase and positive analyst ratings, the stock has experienced volatility, with a recent decline of 6.17% over the past month. This volatility suggests that the stock may not be a stable investment at the moment. 3. **Earnings Projection**: The company is expected to report a loss of 4 cents per share for the quarter ending June 30, 2025. This projection may contribute to investor uncertainty and could impact the stock's performance. 4. **Technical Indicators**: The stock's technical indicators, such as the 20-day moving average, have not provided a clear buy signal. Additionally, the recent trading volume and price movements suggest a lack of strong investor interest or confidence in the stock. 5. **Sector Performance**: As an AI-driven digital accessibility company, AEYE's performance is tied to the broader technology sector. While the sector has shown growth potential, AEYE's stock-specific indicators do not currently support a strong buy recommendation. In conclusion, given that AEYE has not broken through its resistance level and is trading below the expected resistance, it may be premature to increase your position at this time. It's important to consider the current market conditions, the company's financial projections, and technical indicators before making investment decisions.