The weekly death cross on GameStop is nothing to play around with. A death cross is when the 200 moving average (red) crosses below the 50 ma (green) The first 2 times the death cross occurred (yellow circles) GME witnessed a 43% drop and 90% drop respectively. In the week of August 7, 2023, GME had its third death cross. Will the death cross play out and GME...
MVIS fell back down into its parallel channel. $3.39 is resistance. If MVIS can break above this price and hold it as support, that would be bullish. If MVIS can't find $3.39 at support, then this stock could be in trouble. Currently $1.95 is an area of support, and it tested and confirmed this level as support on April 2023. If price falls below $1.95,...
1) In 2019, when price found support on the 21 ema (blue moving average) price "mooned." If you compare that to 2023, price broke above the 21 ema , and has now confirmed support. Will it continue going up and go into the next phase of its bull market? 2) The support level is at about $236. Close below this price 2 months in a row is very...