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Microvision

MVIS Levels after Q2 EarningsMVIS has been stagnant for a few weeks leading up to these latest Q2 results. The 786 fib line using Q2 lows as the anchor reveal some important levels and this 786 was one of them. It was a prior pivot point that more times than not ended up being support and/or a level of consolidation. It was only until recently that MVIS ended up failing to hold its consolidation trend and slid back. Now that ER are out, not only may 786 area be important but so might the 50 DMA which is right around $14.50 as of today. After hours on 8/4 MVIS briefly traded above that level but almost immediately got rejected. And to think that we were covering this as frequently as we were when it was still a penny stock. It has come a long way. " There are a few reasons for the massive spike in MVIS stock over that time frame. One of those is its work on LiDAR sensors as well as microchips and various computer-related products. Right now, there is a major shortage of microprocessors. If we consider basic supply and demand principles, we see that a massive gain for MVIS stock makes sense. However, its LiDAR sensors are also used in self-driving cars, which have become a major focus for Reddit stock investors in the past year or so. The focus from Reddit investors on MVIS is another example of retail traders pushing a stock with a high institutional short interest ..." Quote Source & Read More: Former Penny Stocks That Exploded in Value, One Up Over 3,500%
NASDAQ:MVIS
by PennyStocks101
4
As requested, my thoughts on MVIS! 🤔As @meghanOGTay requested, I’ll analyze MVIS today! It feels like MVIS is dead: small candles, moving sideways for a long time, low volatility… On the other hand, MVIS is oversold, and if we see any good catalyst around, it can fly very high. But I see the 16.65 as the most important support for it. Check this out: The 16.65 was a top level 3 times, and a support level for a second time. If MVIS loses such an important point, we might just drop to the 14 again. But if we see a green candle here tomorrow, then I’ll believe it can hit the 24 again! Let’s be careful with this support level for now. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NASDAQ:MVIS
by UnknownUnicorn21312077
4
Microvision MVIS - Swing Play IdeaOur last weekly candle closed near the top end of the trading range. Also notice there is a potential cup and handle pattern forming here on the weekly chart. This could be a sign that we will soon break out of this current trading range and close a weekly candle above 20.50. We would then be looking to make a new high, in what appears to be a solid longer term uptrend channel(white lines) going on. But in order to do that that, we first need our dip to form the handle of our cup pattern...then of course some volume on this dip. Ideally, I'd be looking to start buying closer to our current 50% retrace level of 17.63, adding heavier as we move closer to the bottom of the cup. I would use Friday's previous high of 23 as the sell trigger, but focusing mainly on the current 1.0 fib extension target near 30, selling heavier as we move closer to the 1.618 extension target near 41. Just keep in mind that we could very easily slip back into the current trading range, with our bottom level sitting near 10.80. We could also just as easily get a news release that quickly sends this to a new high without any dip at all. *Swing MVIS at your own risk!
NASDAQ:MVISLong
by ScottEff
2
The Fundamentals aspects of Micro VisionWith the expansion of Hyper Technology, many companies alike Micro Vision has pushed through the old industrial trials of mechanical engineering and created a new way of transforming society. From the connection of social media to the advancement of electric cars, Technology has created opportunities for innovation. Micro Vision has taken that step towards innovation and creating scanning technology that can project interacting images on surfaces and objects. Think of this company that pushing the envelope in holograms and interactive scanning technology. The overall fundamentals of this company are fairly good. Based on the fundamentals numbers referencing from Micro Vision Financial Reports, the companies Revenue is bringing in 8 million in sales and has grown over 20 percent in revenue growth in the past 5 years. They are currently debt free. However, with the number of COVID-19 cases spiking through the 2020 year may stunt some growth for majority of the companies. Micro Vision may fall into that category. Within the stock market, its been showing good signs of an up trend for the past year. Based on its push towards 3.00 dollars a share, I can see (MVIS) pushing towards 4 or 5 dollars a share. Needless to say, the company looks promising as an investment either long or short.
NASDAQ:MVIS
by Grantw04
#Microvision #PennystockThis stock has actually been around for 2 decades now, and at its peak, in the year 2000, it was actually sitting at $500. ever since many ups and downs and eventually it has reached today's price at below $1. Recently it has announced working on new tech, added new staff members, and seems to be willing to start growing again after sleeping for such a long time, the chart is looking good after retracting to 0.618fib on it's recent jump, RSI has printed a bullish divergence, and the MACD needs a small reset, therefore we might be testing the fib level once again, before going all the up into the upper neckline of the current falling wedge - there's a high probability to break it afterward.
NASDAQ:MVISLong
by deletedaccccccount
2
MicroVision Technical AnalysisNASDAQ:MVIS HOLD - MicroVision is expected to release Q1 results on May 7 - It could revers the trend as there are not news on the performances of this Market. I was not able to find any Fundamental information - I do not know how it is performing right now. I can guess that the reason is the Virus. Generally, all the businesses that deal with communication are taking advantages of the lock down and from now on they will keep growing. The other option is that the prices are already showing a good news regarding this business that has not yet been released publicly
NASDAQ:MVIS
by Mauriello