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.
I'm not sure I follow. Their LIDAR tech is now released. Without contracts or something to turn that into actual profitability, this will sell off shortly. The TA I believe is showing you that this stock is very hyped, which it is, but it has no means of turning that into what investors want to see, cash generating machines. Without a buyout announcement, I don't think short term theres much in terms of value here. But I'm bullish long term, the tech seems solid, but it will take time to market and profit from it.
chrisnyc64
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Love you videos. I am learning and so far you are the calm cool and very informative one. My pals are saying MVIS @ $100 sooner than later. I hoping for end of year. Thoughts anyone?
bbgodson
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Thank you!
PennyQueen
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Yet another high quality TA, thank you - PennyQueen