MVIS - Do we call it a come back?!Lots of good signs that we’re on an uptrend. Still a little nervous about the NASDAQ. Market seems to be on edge right now. However, Shorts are in the hole for almost $700M with no shares available to lend right now. Last time this occurred, we ran up to $28. Institutions and Hedge Funds bought only Call Options today, so let her rip.
0K17 trade ideas
$MVIS entry PTs 12.80-15 Target PTs 22-15-23 and higherPulsating and creating Descending Triangles within a Parallel Channel, bouncing off Triple Bottom at Support and moving at 2X the accelerated rate
MicroVision, Inc. develops lidar sensors used in automotive safety and autonomous driving applications. Its laser beam scanning technology is based on micro-electrical mechanical systems, laser diodes, opto-mechanics, electronics, algorithms and software. The company also develops micro-display concepts and designs for head-mounted augmented reality (AR) headsets, as well as 1440i MEMS module that can support AR headsets; Interactive Display modules used in smart speakers and other devices; and Consumer Lidar used in smart home systems. In addition, it provides PicoP, a scanning technology that creates full color, high-contrast, and uniform image over the entire field-of-view from a small and thin module. The company sells its products primarily to original equipment manufacturers and original design manufacturers. MicroVision, Inc. was incorporated in 1993 and is headquartered in Redmond, Washington.
MVIS IDEA for 1st week of MayNot an Advisor.
previously stated we may see a bull flag/ pennant pan out here. Looks like the time is coming, RSI indicates we have been oversold, I believe we are soon to see the next leg up. I Thought ER was going to be a catalyst with mentioning further more about a possible Customer... That didn't come to light. BUT they continued to say product will be available for production as early as Q3... which means we should see some growth up till then. I suspect this flag to sustain and in show that come JULY we could have a product in production for either a partner/ buying company/ or even Microvison themselves. Need more information to back this Idea next week. MVIS should have their sample in full demo mode now. Patiently awaiting this potential monster.
MVIS - "WHAT HAPPENED?!?!” Here’s the answer.Looking at multiple technicals and taking in to consideration the great info provided on the Earnings Call, the misinformation, and Shorts taking advantage of the situation. I hope to explain it all here. Please feel free to comment and let me know if I missed something. Appreciate the engagement and feedback. Cheers.
MVIS Drops the hammer?Not an Advisor.
MVIS seeing some wild price action, said that previously on posts. Taking a step back from the smaller time frame charts here. We saw strong movement upward + finding support on the way down in numerous areas after a $18 dollar swing from the previous week. MVIS is strong and remains strong, today we saw a inverted red hammer candle stick. Implies bullish sentiment going forward, would be better if it was green. But I'll take it. Thursday the 29th, looking for a confirmation of reversal to go up. I believe we see it. ER - and we just saw the LiDAR PR we have been waiting for. MVIS has shown a photo of the LiDAR product, a lot of buzz around it. Photo surfaces with potential of NVDIA chip NVDIA JETSON XAIVER NX on the LiDAR product from MVIS. Also must note NVDIA has a shareholder meeting June 3rd for its Shareholders. In order to approve 2-4 BILLION SHARES. MVIS has a shareholder meeting May 26th. Could we be seeing a merger? IDK but man would that be something. The HYPE is continuing for MVIS.
I personally can't wait for this earnings call, hope you all tune in. I believe in big things ahead.
Just wanted to do a little update for you all. It's good to zoom out and look at the day to day action. Helps with analyzing whats going on. Helps validate theories.
Keep an eye on volume & the next formed daily candle. Highly important.
MVIS - PR Drop Morning price action explained.Wanted to get a quick video out to explain what’s going on this morning. Technicals out of alignment on 30min and 1hr. Algos are doing work to realign and support the uptrend. Everything is pointing to parabolic run. But, we’re not out of the woods yet. We need to get above the Monday high. If everything stays it’s course, we may see $30 today.
MvisWhat a beautiful move. Hard to tell if it was going to fake out or not. It did it so many times in the past. Target was hit back down to retest that terrible 19$ resiatnce level. If it fails 19$-19.30 level which it shouldn’t but if so then 18.25 is an amazing long area if that fails then back to 16 area but I’m sure it will finally flip this to support which will be very bullish . We will see
Explosive moves to the upside after breaking resistance 14.36
MVIS has doubled its value since breaking out at 14.36, closing the last session at 28.90. It will be interesting to see which way it will be heading after the earnings report on 30/4/2021.
Take some profit if you are not sure; share prices could pull back before it continues if there is a good reason for it to continue this rally
MVIS Remains Strong Not an Advisor! MVIS is about to get extremely volatile. Proceed with Caution!
We are about to witness a very volatile stock price. We just saw over 200 MILLION VOLUME. This is exciting for all the longs and those of which played this the correct way. We have a huge upcoming catalyst. Earning report, Sumit Sharma and the team decided they would move it up early. After all, they did promise an update in April. Here we are finally getting that at the end of the month. Shareholder meeting to follow the next month, May 26th!
We are breaking out from a bull flag here, all charts show signs of strength everywhere. MVIS from the looks of it all MVIS will see a massive bull run. We're seeing buyers winning this battle, however Bull flags can tend to see some immediate pull back after a large increase. (To cool down RSI) Depending on the Strength of the Earnings Report we may see a quick sell off, and bounce immediately UP into another Flag pattern. We are still on track for this 10 year cup and handle to play out, and that gets us to the 40's !!!
Again not an advisor, know your level of risk. This is going to be extremely risky to those jumping in at these levels! Good luck to all!
$MVIS MicroVision Inc Key Price Targets
What a great move we have had in recent days as the squeeze takes hold in MVIS,
We have included some key levels to watch in the days to come,
1) $30.00 Local Fibonacci Expansion and overall Fibonacci Retracement cluster.
2) $32.00 Yearly candle Resistance
3) $36.00 Monthly candle resistance in confluence with the 0.786 Fibonacci retracement level.
After such a strong move its wise to have some caution as any pullback could be quiet fast and deep.