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Upski

MVIS....Whatsappeniiinnngg?? Hint: What do you drink out of?Quick little PM TA on MVIS. No need to worry, we are setting up a beautiful cup & handle formation. We're keeping an eye on the price bouncing off the 25% retracement on the daily. If we break above $21.50ish and hold, then we should start back on the uptrend. If we break down below it, then we do have some restistance points along the way. I don't see it breaking lower than the 40%. With MVIS being added to the Russel, we should start to see some really good price movement from ETF purchases. So hold on tight, and buy the dips! The rocket ride gets a little bumpy.
NASDAQ:MVISLong
by ReadyFor401k
1
MVIS - Gettin' all fancy today?! Watch the trend this weekLoving the price action on MVIS today. I played around with my Trend line on the Daily Log chart, and found what appears to be the trade channels. I'd love to hear what you all think. Based off these trends, we could see consolidation for the rest of the week, with the uptrend starting on Monday. Keep an eye on the formation as it develops. Looking for a 3 soldiers pattern. Hedge wisely on this, things are starting to heat up.
NASDAQ:MVISLong
by ReadyFor401k
MVI-YES WE CAN! TA on uptrend and insightAfter the semi let down from the ASM call, we are seeing great price action as a result of technicals and some great articles being written. One in particular calls out Tesla's interest in Auto-LiDAR. This positions MVIS very well, as a candidate. I call out the current trading trend, and the bigger trading trend that was confirmed today. Also bring notice to a pattern that we need to be aware of when trading options. HFs like to short a day our 2 before OpEx, run up, then short again. Play it safe, invest for the long haul with MVIS.
NASDAQ:MVISLong
by ReadyFor401k
3
MVIS - Boomski to the Moonski...Soonski?Looking at our girl MVIS, what are we seeing? On the Daily chart, Logarithmic Scale (Thanks Brian Reeves @Gator Traders for catching this), we still see the Hidden Bullish Divergence! There is a channel that appears to be a slingshot for the price action, and we're working our way towards it. As we break down the chart in to intraday trading, there is possible downtrend in the coming days to bring technicals in alignment for continued uptrend. Our lack of volume is hindering aggressive upwards movement. The ASM on 5/26 is something to look out for. Hedge wisely here, as we know the shorts love to barrage us on ERs and the ASM. Stop-loss-raid could be an outcome as well. Regardless, we know the value of Microvision. We're waiting on that Valuation and Performance Verification. Good PR will send us to the moon. Accumulate on the dips, cost average down, and don't FOMO. Cheers everyone.
NASDAQ:MVISLong
by ReadyFor401k
3
MVIS - Logarithmic Weekly and Daily. Breakout on the horizon!Expanding on what Brian from Gator Traders was sharing on his livestream from Friday. He’s a little under the weather, so figured best to get some more explanation out around what he noticed. Price action is respecting trends on a logarithmic scale for the Daily, Weekly, and even Monthly charts. Market in general still unsteady. MVIS could be impacted by money pulling from tech sectors, if it does occur next week. However, good PR is coming soon, so that in itself will justify movement against the market sector. Buy the dips everyone! We’ve been saying that since it was under $1. Cheers.
NASDAQ:MVISLong
0
by ReadyFor401k
4
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.
NASDAQ:MVISLong
0
by ReadyFor401k