VUZI has Double Bottomed on the Weekly Timeframe at the PCZ of a Bullish Deep Gartley and is now attempting a Break-Hook-and-Go off the Spine of a Bullish Dragon it's formed at these levels while showing MACD Bullish Divergence. It would be ideal for VUZI to hold these levels and eventually break back above the 0.886 and to confirm it as support as well before taking off.
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lovely bounce from extreme support zone that goes back to 2015, followed by downtrend breakout around 5 dollars/share. now at extreme resistance, above 11.68 I predict we see continuation towards all time highs.
The $15 area seems to be a significant price point for this stock. Going to be looking for entries if the price dips and creates a new low above or around the $15 level No longer bullish if price is under the support area around $10
NASDAQ:VUZI Possible Scenario: LONG Evidence: Price Action Entry point: 12.5 to 13 in case of pull-back, without pull: 14.75 is buy signal TP: 16$ Call options, Strike 15$, 11/19/2021, 100 contracts, cost 13k, profit in target : 10k *This is my idea and could be wrong 100%
we finally broke this downtrend after months of bleeding and consolidation. after long consolidation we usually see a big rally! so congrats the to the dip buyers. price targets are 19.89/25.02/30.15 🏷 like and follow for more !
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vuzi is turning around. I'm fully exhausted watching this stock, but it's doing the thing where some people start buying it.
▪️ From a Technical point of view: High volume during past few days, highly possible for higher prices to come. with a quite tight stop loss might be a good chance to catch 1:4 Risk To Reward. GL ☮️
Vuzix (NASDAQ:VUZI) shares gained more than 15 percent, closing near its highs of the day on strong volume. The stock broke through resistance and out of flag formation. Looks good to go here. Its technical chart shows some bullish signals as both MACD and KD are now going up and the stock breaks above the 200 exp day moving average. Next resistance is now seen at...
I lost track of all the bullish patterns, but argument for: falling wedge breakout, cup and handle, trendline support, Bull flag lol
Anybody else feel like we might get a rally post earnings? Broke out of falling wedge and now has a Bull pennant forming
chart tells the story , nearest the entry to support retest , lower the risk
I think with the push today wee saw the confirmation that $VUZI is likely bottomed and move up from here, for anyone who want information from the company, im just watching now a video about the annual shareholder meeting 21': www.youtube.com I will manually update the progress in the trade, I have no TP and will watch the stock manually to close - derisk or let...
Monthly - 0.618 Fib/Wave 2 pullback Weekly - Support/Completion of ABC pullback Daily - Triple bottom/Support/MACD/Descending triangle/Wave 5 completion/Low test/Decel LTF - 15 min wave 5 completion/15 min break above 50 ema/1HR break above trendline/MACD/Support RR - 9.1 Management - Long term