MVIS to $30 Bull flag, Elliot wave, and incoming catalysts is brewing a strong storm for MVIS to make new highs in May
0K17 trade ideas
correction from $24 to $10 was the 4th wave?recently I was extremely bearish on MVIS but I changed my mind.
XABC shark harmonic pattern:
AB=0.38 XA
BC=2.24 AB *invalid*
tp1=0.78 XA=$20 *reached*
tp2=0.88 XA=$29
tp3=1.6 BC=1.42 3-4=$34 *cypher reversal possibility*
tp4=1.13 XA=$76
tp5=2.24 BC=$248
$MVISHere's some update. As i make this, already up 7% pre-market... this one will be one to follow again today.
Last time bullish crossover = 53% up
If that occurs again, that will bring us around 20ish. I think that if it breaks the 20$ mark, we could see a big move up pass the 25-30 zone.
MVIS Heading Straight to $30 With Help from WSBWe had a strong retest and bounce off .382 retracement at $10 today. If we manage to hold outside this channel we could see a 50% move back to up recent highs at $20.
End game goal is $30 for a potential 130% swing opportunity
Recently getting pumped on WSB so the volume will be there. Stop losses under $9
MVIS BUY/LONG Potential from 12.50 to 32.50!1st SAFE Take Profit: 32.50
Technical Analysis
1. Pennant Pattern
2. Fibonacci Retracement at 0.618 (Golden Zone)
3. Potential Pennant Breakout (incoming)
4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
5. RSI was recently oversold
Note that the market could still potentially fall to 6.30
MVIS Going up.last time the Fibonccci EMAS crossed on the 1 hour candles we saw a shot up to $19. Current formation looks identical. Thinking well see $16 soon. just my opinion, not financial advice.
$MVISI did these trend lines last week...
Well, it seems like they are pretty dang right for the moment...
We'll see where this trend brings us.
MVIS earnings coming up. MVIS was a stock that made us good profit, and we were up nicely. Sold half the position but remained with the rest, and now we have been red. Like all stocks this is seeing red, and hopefully this red can stop. Today we are seeing green and the daily chart is looking good. RSI is heading up while the MACD is in the red, but is ready to close red and turn green. It is using the 100 sma line as support and look for this to bounce off of it. Earnings are coming up and it will be interesting to see what the state of the company is, and what there plans are.
MVIS - To infinity, and beyond!Quick little check in on MVIS. Rest assured, we have uptrend in our near future. Technical care setting up on the Daily chart to support a loooooong run.
MVIS just hit 3 support lines! Can we expect 80% upside??I didnt mention in the picture but the RSI was nearly oversold too - so many bullish signs, ask me anything here and Ill respond if I see it! (the 80% upside isnt too hard to achieve becos if you notice, its been flitting between support and resistance, going up and down 70-90% each time NASDAQ:MVIS
Mvis is getting ready to explode Double bottom has been formed we will see a huge push up! Get ready buy your tickets to the moon 🚀🚀
$MVIS holding support here.$MVIS Tested support area, and bounced off of it nicely. Setup nicely on this bullish formation. Liking the price here for long term, anticipating a breakout for the long run to new price highs.
Support: 10
B/O: 17
Short Term Target: 21
Short Term Target: 31
MVIS Ready?Not and advisor.
Ladies and Gentlemen please buckle up, we just triple bottomed and may be preparing for lift off. Last few times MVIS rocketed up, it has been 400%. I'm not sure we get that this time. I'm hopeful don't get me wrong, RSI has really cooled off in which we should see it rip up like crazy again here. Exciting times to be in MVIS.
Is it about to take off ?Looks like a pennants about to break upwards to me. Maybe by the end of this week or the next one we will be fixed.
Let me know what are your thoughts on that.
MvisHad many fake breakouts. Seems
To be rollin over as of late but could be either a cup and handle formed, or a last needed bounce off lower trendline. Either way this is on the watch list. I’ll try to toss up a post if I see it breaking out. It’s been on my watchlist
MVIS - Two buy zones for you!You can buy in this zones. First zone is a small support where you can establish a small position. We can also see a break through current level of support and retest 2. Buy zone (support) again. Long term stock for me!!!
MVIS Chart riding into the LiDAR Sample in AprilSo very clear reverse head & shoulders pattern playing out here. LiDAR Sample a few weeks out. Volume is rather low here, we have an opportunity to breakout soon. Day to day we are seeing some pretty significant price swings, RSI isn't impacted by that much either. Good for bullish divergence. I believe we see a quick break in profit taking and explode up further. I firmly believe if BO happens its early may, listening into Sumit talk during the last earnings call actually had me pretty jacked and ready for April to get here. However we need these companies to be blown away by the "Best in Class" LiDAR. Years ahead of the competition, that will play a vital role in stock price come April. For the time being we have low volume and politics keeping us down, but in a pattern that can bring some nice gains to those who time an entry properly, and wait for the right sign. GLTAL
