MVIS: Double bottom (46%), Bullish pennant (138%)Primary Target (short term):
Double bottom (46%)
PT = 26.06$
Secondary Target (Long term):
Bullish pennant (138%)
PT = 33.91$
0K17 trade ideas
MVIS - Consolidations don’t scare meKept it basic and simple this time. We had good price action and movement. Multiple trend lines and formations are being confirmed. We’ll have to see how things unfold over the next few weeks. None the less, I still maintain we will be over $100 by the end of the year, with a high possibility of seeing $30 in the coming weeks.
$MVIS shares soar after Microsoft's $22B HoloLens contractMicrovision shares soar after Microsoft's $22B HoloLens mixed reality headset contract with the U.S. Army contract
Microvision, once rumored to be an acquisition target for Microsoft, is reportedly a supplier for the HoloLens 2 models.
seekingalpha.com
MVIS Daily chart looks really bullish. MVIS daily chart looks really bullish as the MACD is about to turn green, and the RSI is heading up. Today we saw a move up and high volume if you look at the volume. It sort of looks like a double bottom and we can see a breakout and a nice move up. Heard there was some sort of news that caused the move today but haven't been able to find anything.
prediction off double bottom and news MSFT had great news that impacts MVIS and MVIS's chart is very pretty just looking for a close over $19 imo for the double bottom to really be in play. i feel like a lot of people got in on this
MVIS SHORT TERM ANALYST READING 2Clearly the last breakout was a bust from the bearish flag, but we seem to see the cool down on selling pressure, but this can spark the next stage to the market cycle as a whole, the Euphoric phase ended, now beginning the final steam to push it up before it becomes a double top (unless proven wrong otherwise).
Intraday check-in on MVIS 30 min chartTook some time to go over MVIS and what I’m looking at. The Market still plays a roll on our price action. It has nothing to do with a lack of value in the company and/or products the produce. Shorts have used the crumbling market as a tool to drive price down further.
It appears we may have hit a double bottom around $12.56 - $12.57, but hit a hidden dynamic resistance I discovered while making this recording. We’ll have to see now if we have true support around $12.56, or if we continue down further. Regardless, you all should have dry powder available to buy some more shares. These lows are a gift, so treat it as such.
One thing I didn’t discuss in the video, was the IH&S (Inverse Head & Shoulders). If the fundamentals and market line up, the IH&S would have given us Bullish momentum to break trend up to the $20 range.
BTFD, BAFF, and BOOMSKI UPSKI TO THE MOONSKI everyone.
If you think I missed something, as always, I’m happy to learn.
MVIS - 4HREntering a position here and adding on green supports. Hopefully the bottom is in for EV stonks. not financial advice.
MVIS poised to retest highs ~ 25This chart is one of the best medium term charts I see. Beautiful looking invere H&S forming with a neckline around 19. Cracking this would allow it to retest the previous highs around 25/26. Very strong looking to me. I am playing with Apr 15 and Apr 20 calls.
Predicting Future Price Targets In the last correction, it took 6 days for the run up to top out at the last ATH $9.74 (beginning from when the price started gapping above the Bollinger Bands).
When we measure from the bottom of the dip to the last ATH ($4.56 - $9.74), duplicate the measurement, and reposition it start at the close of the last ATH ($9.27), we end up exactly where the price landed after 6 days the beginning of the most recent run up. What is denoted by the purple box is further pumping of price due to MVIS news.
If we use the same technique starting from the dip to the ATH ($10.12 - $24.18), duplicate the measurement, and reposition it at the close of the ATH ($23.71), we get a price target of $37.77.
We are currently at day 6 of 8 after the Bollinger Band contraction.
MVIS - we just saw another BREAKOUT!Briefly about the chart: After we reached our ATH, mvis was in a downward channel. Important for you: take a look at the chart before every purchase. Is the share in a downtrend? Then don't buy into the falling knife!
So, let's continue with MVIS:
The downtrend was recently broken. On the chart you can see a BULL FLAG. MVIS
has tried the breakout again & again. However, we have strong resistance at 17.60-18$. 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 Technical Bull Flag Breakout and Bollinger BandsWe just made a technical breakout out of the bull flag.
In th last correction, It took 19 days from the last peak to the contraction and 8 days to explode up.
It took 19 days from this peak for the contraction to happen. We just ended day 5 out of 8 after contraction.
MvisGot the breakout we expected. Area of confluence is 19.06. Looks like we could get a daily MACd cross tomrrow but profits will be taken most likely at this level. Next long would be close above 19.06 with volume. I’m long from 16.95 will probably hold my position for finally area expected at 23.68-24 even. If you are in for day trade this is a level
MVISKeeping a very close eye on MVIS next week. Would love to see 7.14 hold as support or at the lowest 16.98. Looks to have broken resistance
Watching for a resiatace flip here next week. 18.05 area is also a key area to watch for support to be gained
Mr. West Weekly note Reports no.13Trending up: SYN, MVIS, GPRO, AMC, DENN AMEX:SYN , WPRT, NNDM, NCLH, REKR, CAN,
Trending down: GE, RAIL, MICT, MTSL,
Consolidating: JBLU, UA, CSX, ACB, ZNGA, PBI, CRON, XELA, NAKD, AESE
Today's notes will reflect the number of up trending, trending down and consolidating stocks that are on this List.
Synthetic Biologics inc. is starting to trend up due to earnings coming out recently.
AMEX:SYN
$MVIS - Bull flag breakout: Potential Target $24Following up on my idea posted on 2/24. The target is still the same.
This pulled back and now look for bounce and return back to the previous high: $24
Potential target: $24 (Previous ATH )
Stop Loss: 20EMA
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.
