Invz stock forecast technical charts show INVZ stock

Technical charts show INVZ stock forecast pointing to a potential breakout if it sustains above its 50-day SMA. Momentum oscillators signal a possible short-term rally toward $5. Even though its cash burn relative to its market cap makes us a little nervous, we are compelled to mention that we thought Innoviz Technologies' revenue growth was relatively promising. While we're the kind of investors who are always a bit concerned about the risks involved with cash burning companies, the metrics we have discussed in this article leave us relatively comfortable about Innoviz Technologies' situation. On another note, we conducted an in-depth investigation of the company, and identified 3 warning signs for Innoviz Technologies (2 can't be ignored!) that you should be aware of before investing here. We recently published a list of 11 Best Lidar Stocks to Buy According to Hedge Funds . In this article, we are going to take a look at where Innoviz Technologies Ltd. (NASDAQ:INVZ) stands against other best Lidar stocks to buy according to hedge funds. Daily RSI readings suggest INVZ stock forecast stability, implying reduced volatility risk in near-term trading. Key resistance remains at $5.00 with firm support levels noted at $4.