MVIS
MVIS - we just saw another BREAKOUT!Briefly about the chart: After we reached our ATH, mvis was in a downward channel. Important for you: take a look at the chart before every purchase. Is the share in a downtrend? Then don't buy into the falling knife!
So, let's continue with MVIS:
The downtrend was recently broken. On the chart you can see a BULL FLAG. MVIS
has tried the breakout again & again. However, we have strong resistance at 17.60-18$. This has still not been overcome in the long term. I said on tradingview a few days ago that I was expecting another upward breakout. We could see that yesterday too! But now the $ 19.17 comes into play. We bounced there.
How does it go from here? My goal is still to win the $ 17.60 as support. The chart currently doesn't quite know where to go. But the upward eruptions give me a sign: There's more to come!
MVIS - Yeah, it just got real - Part 2In this video I look at the weekly chart, predicting potential price movement off of patterns. This has me really excited, and I hope it does the same for you. As always, I appreciate any comments, feedback, or alternative views. I just ask that you teach me the fundamentals used to get you to your conclusion. I wish everyone health, wealth, and happiness. Cheers.
MVIS - Yeah, it just got real - Part 1Had to break this down in to 2 videos. In this video I look at the layers of the cake, and why our price action performed the way it did today. Also identified the trend channels and dynamic support/resistance we’ll see. Video 2 will go in to more of a prediction on where we’re going.
MVIS: Still No Pump Fatigue For TradersYouTubers, WallStreetBets Reddit, an article on the Nasdaq website, fake news sites, and recycled press releases all contributed to MicroVision's rise in January and February. Can it be sustained or will it continue to fall due to retail traders' pump fatigue?
(Opinion only. I'm not a chartist. Not trading advice. I hold no position in stock mentioned.)
What could happen after +16177% gain in less than 1 year?Potential price drop: 45%
Reward/Risk:2.3
Timeframe: 1-3 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 to continue this.
Stay tuned great live stream and quality content videos coming soon..!
BUY $MVIS PT 8.33 SL 5.34 Short term long
Rationale
Volume Shelf, Large demand at current prices
Coil pattern
Buyout rumors
Other similar lidar companies like LAZR are in an upward trajectory
Peculiar -Options contracts go up to $19 for Feb, but not for March
Options value & flow is above average
Secondary offering back in December
PT estimates for 1/11 and 1/12 - Fan/FibLooking back at the past 2 cup formations, there is a consistent 13 bars on the 1D chart, between the two highs, before retracement. With lots of compelling, and positive, news around EV developments (i.e. Apple/Hyundai and NIO/Nvidia) there are more eyes on MVIS and their development towards the most advanced Auto LiDar on the market. The break above $5 attracted a higher level of investor, bringing more Volume and more potential to run parabolic.
Keeping the same measurement of 13 bars between peaks, this will land us on 1/12 for the next peak, and 1/13 could start a retracement.
Microvision INC Washington $MVIS (IDEA)Looks like a pull back to me yall..
I may have caught a small run on the buy it but hey, sell if possible now or a heavy fake out... lol who knows 5050
But signs show BEARS could probably bring it to $1.94 by Tuesday if it doesn't get back over $3 and support held
#TRADESAFE
#INVESTSMART
NASDAQ:MVIS
Microvision INC Washington $MVIS (IDEA)NASDAQ:MVIS This chart is one of those where Im just seeing it popp outta know where but thats also not true... Its been building LOW KEY and now its to a point it looks like a BASIC FLAG trade going upp!!!!
Did some playing around to see if I kinda found its CODING in a sense..
Just seen it pop too $2.38
CRAZYY!!!
#TRADESAFE
#INVESTSMARTWAAS