MVIS Chart riding into the LiDAR Sample in April
So very clear reverse head & shoulders pattern playing out here. LiDAR Sample a few weeks out. Volume is rather low here, we have an opportunity to breakout soon. Day to day we are seeing some pretty significant price swings, RSI isn't impacted by that much either. Good for bullish divergence. I believe we see a quick break in profit taking and explode up further. I firmly believe if BO happens its early may, listening into Sumit talk during the last earnings call actually had me pretty jacked and ready for April to get here. However we need these companies to be blown away by the "Best in Class" LiDAR. Years ahead of the competition, that will play a vital role in stock price come April. For the time being we have low volume and politics keeping us down, but in a pattern that can bring some nice gains to those who time an entry properly, and wait for the right sign. GLTAL
Tim Cook Apple CEO - Talks highly on Apple AR becoming a bigger factor - looking to come to market by 2025.
MVIS WEEKLY is a MASSIVE BULL FLAG. LOOKING FORWARD to see if this will BREAKOUT!!
GOOGLE's John Krafcik (Waymo) Steps down
MVIS still hasn't reported SEVAL OZ shares (she is highly involved with Waymo) Yalon Farhi set to retire from MVIS (Family is a big owner in MVIS)
Looks to me with all the Directors stepping down/retiring we are likely to see this Buyout take place. What an exciting time to be watching this. Not a Financial Advisor. Just noting what I have been seeing unfold in MVIS. Exciting times.