MVIS trade ideas
MVIS IDEA for 1st week of MayNot an Advisor.
previously stated we may see a bull flag/ pennant pan out here. Looks like the time is coming, RSI indicates we have been oversold, I believe we are soon to see the next leg up. I Thought ER was going to be a catalyst with mentioning further more about a possible Customer... That didn't come to light. BUT they continued to say product will be available for production as early as Q3... which means we should see some growth up till then. I suspect this flag to sustain and in show that come JULY we could have a product in production for either a partner/ buying company/ or even Microvison themselves. Need more information to back this Idea next week. MVIS should have their sample in full demo mode now. Patiently awaiting this potential monster.
MVIS retesting higher levels? Going to watch this one develop over the next few days, my price expectation for this is to be mid 15's to open up in may.
Short spike to ripple out of those high volume days but ultimately expect it to fall back downward.
MVIS - "WHAT HAPPENED?!?!” Here’s the answer.Looking at multiple technicals and taking in to consideration the great info provided on the Earnings Call, the misinformation, and Shorts taking advantage of the situation. I hope to explain it all here. Please feel free to comment and let me know if I missed something. Appreciate the engagement and feedback. Cheers.
What's NextI see 2 cases
1- We are done with Wave 5 at 28 and now correcting. If yes, this correcting can bring this back to $10.
2- Wave 5 is not done yet and we are in sub wave B and we will see one more wave up taking it to above 30.
Lets see how it unfolds in next few days.
MVIS Drops the hammer?Not an Advisor.
MVIS seeing some wild price action, said that previously on posts. Taking a step back from the smaller time frame charts here. We saw strong movement upward + finding support on the way down in numerous areas after a $18 dollar swing from the previous week. MVIS is strong and remains strong, today we saw a inverted red hammer candle stick. Implies bullish sentiment going forward, would be better if it was green. But I'll take it. Thursday the 29th, looking for a confirmation of reversal to go up. I believe we see it. ER - and we just saw the LiDAR PR we have been waiting for. MVIS has shown a photo of the LiDAR product, a lot of buzz around it. Photo surfaces with potential of NVDIA chip NVDIA JETSON XAIVER NX on the LiDAR product from MVIS. Also must note NVDIA has a shareholder meeting June 3rd for its Shareholders. In order to approve 2-4 BILLION SHARES. MVIS has a shareholder meeting May 26th. Could we be seeing a merger? IDK but man would that be something. The HYPE is continuing for MVIS.
I personally can't wait for this earnings call, hope you all tune in. I believe in big things ahead.
Just wanted to do a little update for you all. It's good to zoom out and look at the day to day action. Helps with analyzing whats going on. Helps validate theories.
Keep an eye on volume & the next formed daily candle. Highly important.
Microvision MVIS DailyIf things continue to get crazy ahead of earnings then look for that $41 fib ext target to get tested. Otherwise, the healthier move would be a retrace to find new support. Mind that gap too, it might need to get filled post earnings call. Good luck out there!
MVIS - PR Drop Morning price action explained.Wanted to get a quick video out to explain what’s going on this morning. Technicals out of alignment on 30min and 1hr. Algos are doing work to realign and support the uptrend. Everything is pointing to parabolic run. But, we’re not out of the woods yet. We need to get above the Monday high. If everything stays it’s course, we may see $30 today.
MvisWhat a beautiful move. Hard to tell if it was going to fake out or not. It did it so many times in the past. Target was hit back down to retest that terrible 19$ resiatnce level. If it fails 19$-19.30 level which it shouldn’t but if so then 18.25 is an amazing long area if that fails then back to 16 area but I’m sure it will finally flip this to support which will be very bullish . We will see
MVIS might drop a little before the earnings hype kick inBlueWave gave a red dot Sell signal
Adding in another confirmation with the overbought RSI
It might drop a little lower (not by much) before it starts rallying again due to the earnings hype next week.
MVIS BULL FLAG IDEANOT AN ADVISOR.
I swear if we witness the strength of this, it will silence everyone. This could be violent for the shorts.
$MVIS ABCD/ Lightening supply sellers showed up at 31 heavy Careful if long guys just sharing what i see, they might get run over but they did close gap on MVIS this am.
Explosive moves to the upside after breaking resistance 14.36
MVIS has doubled its value since breaking out at 14.36, closing the last session at 28.90. It will be interesting to see which way it will be heading after the earnings report on 30/4/2021.
Take some profit if you are not sure; share prices could pull back before it continues if there is a good reason for it to continue this rally
MVIS Remains Strong Not an Advisor! MVIS is about to get extremely volatile. Proceed with Caution!
We are about to witness a very volatile stock price. We just saw over 200 MILLION VOLUME. This is exciting for all the longs and those of which played this the correct way. We have a huge upcoming catalyst. Earning report, Sumit Sharma and the team decided they would move it up early. After all, they did promise an update in April. Here we are finally getting that at the end of the month. Shareholder meeting to follow the next month, May 26th!
We are breaking out from a bull flag here, all charts show signs of strength everywhere. MVIS from the looks of it all MVIS will see a massive bull run. We're seeing buyers winning this battle, however Bull flags can tend to see some immediate pull back after a large increase. (To cool down RSI) Depending on the Strength of the Earnings Report we may see a quick sell off, and bounce immediately UP into another Flag pattern. We are still on track for this 10 year cup and handle to play out, and that gets us to the 40's !!!
Again not an advisor, know your level of risk. This is going to be extremely risky to those jumping in at these levels! Good luck to all!
$MVIS MicroVision Inc Key Price Targets
What a great move we have had in recent days as the squeeze takes hold in MVIS,
We have included some key levels to watch in the days to come,
1) $30.00 Local Fibonacci Expansion and overall Fibonacci Retracement cluster.
2) $32.00 Yearly candle Resistance
3) $36.00 Monthly candle resistance in confluence with the 0.786 Fibonacci retracement level.
After such a strong move its wise to have some caution as any pullback could be quiet fast and deep.
Get out of $MVIS!Yes, $ MVIS made some killer moves this last week. If you're holding options, or shares it's time to hop off .
$ MVIS rolls in a super nice stagnant channel. Technical traders rely on the tenant that history will repeat itself .
Don't get caught holding the bag on this boy. If you've been long: TAKE PROFIT NOW.
If you like the short game, now is a nice time to open a position. I think I might... Look to the $ 13.10 levels to make some cheddar.
Resistance has shown to be quite formidable and this boyo is really playing out to be a technical trader's dream. If you believe in the stock and if you believe in the plan - execute it with confidence. I don't see the bull run continuing past now.
Have an entry. Have an exit. If you go short - use a stop loss.
Technicals:
on a 30 minute chart - RSI has peaked and is gonna fall into range.
MACD crossover is imminent - plain as day
That channel is GOOOOOOOOOOOLLLLLLDDDDDD... see the chart.
Like if you like. Not an expert - just my idea, and I take my ideas to the BANK !
Bringing this baby back into actionThough it disappointed me last week, it hasn't broken any rules of Elliot waves as of now. Break of the trend could take it above $30 easy.
MVIS will drop after earningsMVIS is having a huge run.
I would expect it to have a huge drop after earnings (on the 29th), even if they DO great in earnings, they should drop just because of this huge run-up.
I would consider buying PUTS on MVIS a day before earnings. This is obviously risky, but it's the most rational way to play this.
MVIS BreakoutNot an Advisor.
So here we are closing week of April, Lidar Sample should get mentioned. We have the ER this Thursday, Shareholder meeting end of May. (I believe we are voting on an OFFER) One of the last PRs we received mentioned "Evaluating Offers" Thats the first time that was ever mentioned. Let that sink in.... previously would always mention seeking strategic alternatives. We are near the end here, lot of eyes have become attached to this company. We just saw 117 Million volume on Friday. MVIS is going to see more of that this week. 2 board directors retiring. One of which his family owns like 10 million shares.... He is supposedly set to retire May 26th. The Day of the Shareholder meeting.
MACD Bullish cross on the daily, Volume spiked HARD. No more shares left to short. Looking to break over $19 and hold. Fib shows 18.82 as a vital area. It is my opinion that we retest $24 quickly. If you zoom way out on the chart, we are in a huge cup and handle formation. 10 year formation. If this truly is going to breakout that hard we are going well past $30 and in to a whole new atmosphere. With the strong support of Wallstreet bets now, we are going to see a huge influx in volume. We very well could see $40's.
TIME WILL TELL. Good luck to all!
Microvision MVIS Monthly (Log Scale)This is a log scale view to give a better overall picture of the lifecycle of MVIS. Assuming the LiDAR A-Sample update is a solid one, the next pop should take us to around $28-$30 before we come back down to find our new support.
