Watching MVIS monthly chart closely this and next month. Is third time the charm? The first two bounces off RSI trend all gave at least 4x. If we fall through all bets are off.
MVIS is a volatile penny stock with daily volumes in the 20JK range and a low float. Yesterday
was a decent earnings beat. MVIX was already trending up into the earnings and now may
sustain that trend up. Volatility and volume indicator support my supposition that the trend
is real. The target of the consolidation period of February 8-13's price level of 2.58...
NASDAQ:MVIS Microvision Inc.
Long term PTs 46 - 87 -548 and higher
MicroVision, Inc. develops and sells lidar sensors used in automotive safety and autonomous driving applications. Its laser beam scanning technology is based on micro-electrical mechanical systems (MEMS), laser diodes, opto-mechanics, electronics, algorithms, and software. The company also...
Easy MVIS trading:
Simple 3 steps.
***All 3 rules need to be true before buying or selling***
Steps to BUY. (Orange circles on chart indicate buy signal.)
1) Price under white moving average.
2) Bottom indicator - Red and white lines are under the yellow horizontal line.
3) Above indicator - Green line under the yellow horizontal line.
When all 3 of these...
MVIS fell back down into its parallel channel.
$3.39 is resistance. If MVIS can break above this price and hold it as support,
that would be bullish.
If MVIS can't find $3.39 at support, then this stock could be in trouble.
Currently $1.95 is an area of support, and it tested and confirmed this level as support on April 2023.
If price falls below $1.95,...
Over the course of the last few days MicroVision, Inc. (NASDAQ: MVIS) stock has garnered a lot of social media attention after it skyrocketed more than 100%. As things stand, MVIS stock recently broke its $6 resistance and is continuing to move along its upward trajectory while its short interest continues increasing. In light of this, MVIS appears to be a prime...
NASDAQ:MVIS
Technical Analysis for MVIS:
If MVIS breaks above the bullish line of $4.24, it may indicate a bullish signal, suggesting potential upward price movement. In this scenario, the first target price (TP1) could be set at $5.01, while the second target price (TP2) could be set at $5.86.
Conversely, if MVIS breaks below the bearish line of $3.69, it...
Small cap runners of 2021 moving again. $MVIS long downtrend looks good for a reversal. Long as MoMo continues in the market, $MVIS is a good candidate for huge run-up.
As expected, the bitcoin miners are correcting along with bitcoin itself. Although we are getting close to the 61.8 for a normal wave 2, I would recommend being careful as crypto tends to correct a little deeper and should be no surprise to see the 78.6. Remain patient and it will pay off later down the road.
Okay, I was scanning for break out trends on short squeeze as I do often for some of my biggest winners and Had bought in last night after hours. Then I read more and find WSB is talking about this stock. Well pile in boys! I tend to see that horizontal fibs are where highs and lows bounce from, and the closes matter more on the trend channel. Based on that, I've...
MVIS recently broke this 6 month downtrend channel, also look at the RSI cross its making.
The last time we saw a RSI cross it rallied around 1000% in a very short period. theres no guarantees history repeats.. but a small rally is definitely possible here. My short term price targets if we can break 4 round number resistance: 5.02-6.55-8.31
like and follow for more! 💘
Not a financial advisor.
MVIS had a historic run and made a lot of news headlines last year.
We appear to have seen the bottom and look for a 3 white soldier reversal to confirm the strength upward.
This was one of the best plays for volatility in the market with the price swings. Also had major booms in the market seeing major price increases.
This is...
