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VUZIX CORP COM USD0.001VUZIX CORP COM USD0.001VUZIX CORP COM USD0.001

VUZIX CORP COM USD0.001

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Will Vuzix Corporation 50x your investment?On the above 8 day chart price action has corrected 96% since March 2021. A few reasons now exist for a bullish outlook. 1) Price action and RSI resistance breakouts. 2) Price action lands on legacy support. See monthly chart below. 3) Regular bullish divergence as measured over 40 days. Multiple oscillators now print positively against price action. 4) No share splits. 5) 12% short interest by retail. 5) 36% Owned by Institutions . Source: shortsqueeze.com 6) The 50x possibility comes the bull flag price action is currently trading in. You’ll be glad you acted today should it confirm. Is it possible price action continues correcting? Sure. Is it probable? No. Ww Type: investment Risk: 1-3% Timeframe for long: Has corrected 96%! Return: Read the idea Stop loss: will say elsewhere Monthly
NASDAQ:VUZILong
by without_worries
33
Vuzix has signed a contract with GarminYesterday, 15 May 2024, Vuzix Corporation announced a development contract with Garmin, a leader in navigation and consumer electronics. Garmin commissioned the development of nanoscale optical projection systems based on Vuzix waveguides. These systems are small projectors suitable for use in compact augmented reality (AR) devices. The contract with Garmin was a strong positive signal for Vuzix investors, indicating that the company can expand beyond the narrow segment of AR glasses for industrial applications. Given these developments, let's conduct a technical analysis of the Vuzix Corporation (NASDAQ: VUZI) stock chart to uncover potential trading opportunities. On the D1 timeframe, the stock recently broke through the resistance level at 1.35 USD and formed support at 1.15 USD. The downward trend has halted, and quotes have formed a channel within the 1.15 - 1.65 USD range, suggesting the potential for further growth. If the downward trend persists, the target for decline may be 0.95 USD. If the upward trend continues upon a rebound from the previously breached resistance level at 1.35 USD, the short-term target for the stock's growth could be 2.15 USD. In the medium term, the target could reach 3.10 USD. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
NASDAQ:VUZI
by RoboMarkets
Vuzix AR glasses garner positive reviews amid business expansionVuzix Corporation, a leader in the professional augmented reality (AR) device market, has garnered favourable feedback for its AR glasses, as detailed in a success story published by TeamViewer. The report highlights using Vuzix M400 AR glasses in conjunction with TeamViewer Frontline software by Nadro S.A., a prominent Mexican pharmaceutical wholesale distributor. Nadro has successfully implemented 400 units of these glasses across 14 warehouses to aid in daily operations and employee training. The deployment of Vuzix AR glasses by Nadro, which distributes over 51 million medical and personal care products monthly across Mexico, is a testament to the extensive adoption and effectiveness of Vuzix’s AR solutions. This successful integration sets the stage for a substantial revenue cycle, with Vuzix anticipating many existing M400 users to upgrade to the newer Vuzix Shield glasses, fuelling further growth. Exploring the potential investment opportunities, let’s analyse the technical aspects of Vuzix Corporation (NASDAQ: VUZI): On the Daily (D1) timeframe, the stock shows a 1.65 USD resistance level and support at 1.20 USD. Recently, an uptrend has begun following a break above the downtrend’s resistance line. However, should the downward trend resume, the next price target could be around 1.05 USD. For investors, overcoming the resistance at 1.65 USD presents an attractive buying opportunity, with a short-term target of 2.15 USD. For those with a medium-term investment perspective, maintaining a long position to reach up to 3.10 USD could be beneficial. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
NASDAQ:VUZI
by RoboMarkets