AR smart glasses hype fizzled out after the colossal failure of Google Glasses years ago. However, according to BTIG, wearable technology's potential TAM could be $100B after accounting for the recent advancement in mobile technology, edge computing and 5G networks. Furthermore, the adoption rate is accelerating because of the rising trend and demand for virtual...
With this price action we can see more that what we can analyse
Looking to see 18s on this next run
... heading to my $17 PT My last idea on VUZI published on Jan 13th... coming to fruition less than 2 weeks later:
using log scale to look at which is good. like the way it looks up here right now. will see if it can break through the 11.4 soon not financial advice
long over ath resistance but its held down under 11.5 for 10 years... i wouldnt enter unless we had breakout confirmation. its very risky here imo. even if it does breakout past resistance, i would expect a small dip before that happens. goodluck traders
Vuzi agian looks very familiar to other set ups like a huge triangle ready for the break out i don't know when the correction will finish but thats what alerts are for! don't miss this one as this can like coty can start its impulsive move at any time!
Retesting the trend line today, great buy in opp for 50%+ gains. Augmented reality sector is hot.
this will boom get in where you fit in next level tech
Vuzi looks like Huge bull pennant squeeze is happening mac d still has more room to go up and seems like it already broke the trendline and now retesting or in Eliot wave world a possible 1,2 for 5 waves up Indicators show more upside along with the chat.
Everything on the chart - this company is supported by immense fundamentals and is massively undervalued still.
Bullish Pennant Pros: Descending volume during formation PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 13 250RSI above 50 200MA ascending If confirmed: PT = 16.09$