Juliac

VUZI - Rebound in the works

Long
NASDAQ:VUZI   Vuzix Corporation

VUZI tested and bounced off the last pivot low at 19.90 yesterday with a strong bullish divergence candle, establising a horizontal support here.

A bullish divergence is now apparent between it's price and RSI, it is likely to continue the upward momentum in the coming week.

Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.