One of the most common problems in trading is having a single strategy! If one strategy works for a while it is very good, but you should be ready for different markets. We have at least 3 different types of markets! Bullish, Bearish, Correction. If anyone tries the very same strategy during different types of markets, the result will be disastrous! It seems ARK...
Still riding VUZI. I am taking another look at the fibonacci's and found something really interesting in conjunction with the elliot wave 5 wave cycle. At the end of the previous 5 wave correction VUZI turned abruptly at the .5/.382 measured from the beginning of wave 1 to the crest of wave 5. Now we have seen another 5 wave pattern, and using the same...
Placed GTC @ 21.50. Maybe a little early, but I'm willing to place a bet today. If I'm totally wrong, I think we should at least get another shoulder, giving us a target, or a chance to get above breakeven. Good luck.
(This is not financial advice) Hey everyone thought I would make a quick innovation play here on VUZI here. Vuzix is a smart wear glasses company that will help in the future for manufacturing, medication and more. This play is mostly based on TA but for a quick rundown the company has been on a solid uptrend as more people start to see the potential in this...
It looks primed and ready to go. You can enter at either one of the green areas, but my preferred method is to enter when the minor downtrend is broken on prices way back up. I would encourage you do to the same. This entrance helps build patience and makes you think about the timing and pay attention more to what price is really doing. Using the order block...
I'm really dying to get into a position today, and VUZI is the closest thing I have to a beautiful setup. But, still waiting. This is a test of my patience. I will pass.
This is absolutely not a picture perfect setup. The way price is going up is a little wilder than I like if I have thousands of stocks to choose from. The MACD is just there to show you I'm a serious trader. Bullish elements: It is technically a strongly bullish market, it has made a 52 week high repeatedly, and it is increasing OBV, with MA's moving upward....
VUZI (Vuzix Corporation) is a current leader in the constantly expanding AR market for both businesses and consumers alike. I have personally been heavily invested in this stock since $9.53, and my current price target for the stock is $100+ within 2-3 years, although this may potentially occur in 1-2 years. Over the past 4 or so months, we have seen VUZI grow...
Potential price drop :+50% Reward/Risk:+3 Timeframe: 3-6 months I always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment,nor a recommendation to trade..! Please review my track record and calculate the odds for yourself..! You’re likes and comments encourage me...
... heading to my $17 PT My last idea on VUZI published on Jan 13th... coming to fruition less than 2 weeks later:
Everything on the chart - this company is supported by immense fundamentals and is massively undervalued still.
VUZI is currently in a consolidation and is looking pretty positive. With all the news surrounding the company and its smart glasses being used by more and more companies, it's highly likely to start going up. A safe long position here (according to me, and I can be wrong 😅) would be to $4.50 - $4.75 with a stop loss at around $4
It doesn't look promising. I suppose latest share dilution plays into the hands of short traders. Stock price has lost its momentum despite the positive outlook for VUZI -8.47% (e.g. company continues to develop strong partnerships to succeed in augmented reality).