TizTrader

MVIS bullish right now

Long
TizTrader Updated   
NASDAQ:MVIS   MicroVision, Inc.
- Bullflag
Comment:
Another BREAKOUT attempt right now!
Comment:
Okay guys... this is the BREAKOUT right now that i expected!
Comment:
Briefly about the chart: After we reached our ATH, mvis was in a downward channel. Important for you: take a look at the chart before every purchase. Is the share in a downtrend? Then don't buy into the falling knife!

So, let's continue with MVIS:
The downtrend was recently broken. On the chart you can see a BULL FLAG. MVIS has tried the breakout again & again. However, we have strong resistance at 17.60-18$. This has still not been overcome in the long term. I said on tradingview a few days ago that I was expecting another upward breakout. We could see that yesterday too! But now the $ 19.17 comes into play. We bounced there.
How does it go from here? My goal is still to win the $ 17.60 as support. The chart currently doesn't quite know where to go. But the upward eruptions give me a sign: There's more to come!
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