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Mo-le
Jun 17, 2021 11:48 AM

VUZI Potential Run  Long

Vuzix CorporationNASDAQ

Description

looks like ascending triangle with a break soon, nice bounce from the yellow trend bottom line - it needs to pass the two price points 18.18 & 20.61 (as resistance) to improve its way back to 27ish or even 30ish

it might pass some consolidation though to break up

Trade active

It needs to have solid volume and break to 20ish line indicated then we can see the top target (27ish) with pass to some resistances
Comments
boerderijLeef
Nice move in the right direction today! First resistance point crossed!
boerderijLeef
interesting to see a break of the triangle first and move up to to 20 area again. I am very confident of this company. The applications of the glasses are getting sollid ground now. And the next generation glasses are even more promising as they can be designed more fashionable
arlind30
it is trending... get on the ship before it starts sailing
arlind30
This company is hitting on all cylinders. Orders are up, revenue is up and bottom line will also show it. my average cost is around $18 but we need to hold the 14.50 level....
Mo-le
@arlind30, Indeed!
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