WandaVision was a pretty good show, solid 7/10, $MVIS
Updated
Strong rebound off $10, stonewall support. Looks like a lot of buy orders hit, not sure about any news catalysts. Lots of resistance however on the larger time frames.
MVIS gapped down on the wedge break out, pretty bearish IMO. Old resistances become new support, and old support becomes the new resistance.
3 & 4Hr has the 50SMA as resistance, if it can break that'd be good.
resistance at $13 maybe? Idk if I wanna cop a call just for the possible extra little gap up after a 20% day lol. My money is better elsewhere.
I could short at $13 too. Earnings 5/6, that could've been the catalyst. Pre earnings run ups are common. Just like my NIO call, get in get out quick. I wouldn't stay too long in this one.
May haha get it 5/21, or may not cop a call if i got some extra funds laying around. Looking more on the put side.
4hr RSI looks like it can go slightly higher, MACD just did a cross over. Yea honestly looks too late to get a call for my personal risk tolerance.
MVIS gapped down on the wedge break out, pretty bearish IMO. Old resistances become new support, and old support becomes the new resistance.
3 & 4Hr has the 50SMA as resistance, if it can break that'd be good.
resistance at $13 maybe? Idk if I wanna cop a call just for the possible extra little gap up after a 20% day lol. My money is better elsewhere.
I could short at $13 too. Earnings 5/6, that could've been the catalyst. Pre earnings run ups are common. Just like my NIO call, get in get out quick. I wouldn't stay too long in this one.
May haha get it 5/21, or may not cop a call if i got some extra funds laying around. Looking more on the put side.
4hr RSI looks like it can go slightly higher, MACD just did a cross over. Yea honestly looks too late to get a call for my personal risk tolerance.
Note
yeee haw 4/23 27%
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