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!