MVIS Bull Run Incoming
Not an Advisor.
Couple things to make note of....
Seval Oz just finally got shares after 3 months of finally joining the Microvision Board of Directors. (ties to Waymo; Could have potential to be the new Waymo CEO)
May 26th Annual Shareholder meeting.
Current Board of Directors
Sumit Sharma - CEO (Worked on Google Glass)
Yalon Farhi - Director - Retiring this summer
Brian V. Turner - Chairman - previously was the CFO, Secretary & SVP-Operations at BSQR
Mark Spitzer - Independent Director - Previously Operations Director ( Google Glass)
Judy Curran- Director - Head of Global Automotive Ansys, Previously worked Ford (Director of Planning and Strategy - Vehicle Components & Systems)
Seval Oz - Independent Director - Executive Board Advisor at Pioneer Electronics - Google Self Driving Cars - Head of Global Partnerships and Business Development - CEO at Aurmia Inc.
Robert Paul Carlile- Independent Director - Previously Partner at Arthur Andersen LLP
Simon Biddsicombe - Independent Director - Previously CEO MobileIron
MVIS has announced long ago that they were up for sale or willing to sell a vertical of the company. Q3 & Q4 they will have their LiDAR product for sale and ready for production. We are now heading getting closer to Summer with Q3 being less than 2 months away.
Here we have the Daily Chart.
We have previously broken out and started up trend and now we are looking to continue on for a much further run, looking to break the 52 Week High.
9 MA is looking to catch up to the 21 MA and cross over bullish.
MACD is looking to Golden Cross to spark the Bull Run on the Daily.
Bollinger Bands are starting to squeeze a little bit as you can see, still want to see that continue to get tighter and tighter. (it already is on the lower time frames)
I have a pitchfork set to the upward channel we want to follow, we want to see the lines continue to be respected.
RSI is only at 52 currently which means we have so much room on the runway and so far we are only at upper $15.... Lot of room for this to grow yet.
Stoch lines trying to escape the bottom area of the indicator and show strength in the movement upward. Once those get moving... we will start to pick up a lot more momentum to the upside.
Areas of support and resistance are tagged.
Still awaiting on massive volume to return. It's quite impressive under 10 million volume today and we were able to get above $16. Once we see that Volume come flooding in, I believe we can get back up into the 20's quick. Maybe even test the 52 week. Time will tell here.
Watching this one hard. Patience here with this one.
Options are expiring this week. Plus they added weekly options now. This one could erupt at any moment. Last run was 10 - 30 (premarket) in a matter of like 3 days. This could be no different, especially when breaking significant down trend.
Couple things to make note of....
Seval Oz just finally got shares after 3 months of finally joining the Microvision Board of Directors. (ties to Waymo; Could have potential to be the new Waymo CEO)
May 26th Annual Shareholder meeting.
Current Board of Directors
Sumit Sharma - CEO (Worked on Google Glass)
Yalon Farhi - Director - Retiring this summer
Brian V. Turner - Chairman - previously was the CFO, Secretary & SVP-Operations at BSQR
Mark Spitzer - Independent Director - Previously Operations Director ( Google Glass)
Judy Curran- Director - Head of Global Automotive Ansys, Previously worked Ford (Director of Planning and Strategy - Vehicle Components & Systems)
Seval Oz - Independent Director - Executive Board Advisor at Pioneer Electronics - Google Self Driving Cars - Head of Global Partnerships and Business Development - CEO at Aurmia Inc.
Robert Paul Carlile- Independent Director - Previously Partner at Arthur Andersen LLP
Simon Biddsicombe - Independent Director - Previously CEO MobileIron
MVIS has announced long ago that they were up for sale or willing to sell a vertical of the company. Q3 & Q4 they will have their LiDAR product for sale and ready for production. We are now heading getting closer to Summer with Q3 being less than 2 months away.
Here we have the Daily Chart.
We have previously broken out and started up trend and now we are looking to continue on for a much further run, looking to break the 52 Week High.
9 MA is looking to catch up to the 21 MA and cross over bullish.
MACD is looking to Golden Cross to spark the Bull Run on the Daily.
Bollinger Bands are starting to squeeze a little bit as you can see, still want to see that continue to get tighter and tighter. (it already is on the lower time frames)
I have a pitchfork set to the upward channel we want to follow, we want to see the lines continue to be respected.
RSI is only at 52 currently which means we have so much room on the runway and so far we are only at upper $15.... Lot of room for this to grow yet.
Stoch lines trying to escape the bottom area of the indicator and show strength in the movement upward. Once those get moving... we will start to pick up a lot more momentum to the upside.
Areas of support and resistance are tagged.
Still awaiting on massive volume to return. It's quite impressive under 10 million volume today and we were able to get above $16. Once we see that Volume come flooding in, I believe we can get back up into the 20's quick. Maybe even test the 52 week. Time will tell here.
Watching this one hard. Patience here with this one.
Options are expiring this week. Plus they added weekly options now. This one could erupt at any moment. Last run was 10 - 30 (premarket) in a matter of like 3 days. This could be no different, especially when breaking significant down trend.
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