DISCLAIMER This is in no way, shape or form, fluid and function, an analytical, qualitative or intelligent compte rendu. I am obviously not rich, so obviously I haven't made it with my own thinking, so definitely don't put faith in me. But maybe check out my chart and laugh at my lines.
Thesis I am not doing a write up on this stock, there are many more intelligent people who have done greater coverages of MVIS, also I believe this stock is not in complete reality as short interest is super high, I have been watching the level 2 data and charting a bit and there is an extreme disconnect between reality and share price. There is significant talk of a valuation at 15 billion, acquisition by Microsoft, etc. I can't say yes or no to any of those claims but I can say that this is a technical analysis of the stock chart only.
Chart Analysis I just wanted to do a very basic trend analysis. I believe there is a good range of date and price action, I don't spend money on this sort of analysis alone. Do not use this in real life!!!!!!!! Just look at it to get an idea of possibilities!!!!! If there is a short squeeze, you can expect a huge shift from this growth channel.
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I published this yesterday and we are already pounding on the channel! I did mention how oddly behaving this is on level 2 and volume data. Stay safe out there!
@alhassan6689, I hope I am wrong ☺️ I would much prefer the technicals to be shadowed by a possible short squeeze or high prices acquisition.
Like the geezers say, the stock market is for price discovery and for capital allotment. I think that the technicals support a valuation closer to 7-8 billion dollars over the $15 billion eval some acquisitions claim. With that said, these technicals aren't meant for the sort of logarithmic growth curves businesses are getting in their product valuation. Microvision has been working on some futuristic stuff for their entire life span, I think it's only fair for them to be rewarded for it.