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ReadyFor401k
May 26, 2021 1:50 AM

MVIS - Boomski to the Moonski...Soonski? Long

MicroVision, Inc.NASDAQ

Description

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.
Comments
meghanOGTay
cool video :)
moneyvikings
nice!
s2upid
amazing video, thanks
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