Current Price Action:
• MVIS is trading at a key support zone ($1.30-$1.40), which has historically been an accumulation area.
• The broader trend remains bullish, but short-term price action is consolidating.
• Volume is increasing, indicating growing interest, but a decisive breakout or rejection from this level will determine the next move.
Potential Scenarios:
• Bullish Case: If a bounce is confirmed, the first resistance to test is $1.80-$2.00, with potential continuation toward $2.50 and beyond.
• Bearish Case: If support breaks, the next downside targets are $1.00 and possibly lower.
Trade Plan: Stop-Loss & Take-Profit Levels
• Entry Zone: $1.30 - $1.40
• Stop-Loss: Below $1.20 (or tighter at $1.25 to limit risk)
• First Take-Profit (TP1): $1.80 - $2.00 (key resistance zone)
• Second Take-Profit (TP2): $2.50 (strong resistance area)
• Trailing Stop: If the price reaches 20% profit, set a trailing stop to protect gains.
Upcoming Catalyst:
• Earnings in 9 days – Could drive volatility and momentum.
• Analyst Price Target: Average estimate of $2.50, indicating potential upside.
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Key Partnerships & Clients
• Stellantis – Confirmed partnership to integrate MVIS LIDAR into next-generation vehicle safety and automation.
• Ibeo Acquisition – Strengthened MVIS’s LIDAR portfolio by acquiring key assets from Ibeo Automotive Systems.
• NDA Clients – MVIS has disclosed working with multiple OEMs in the automotive sector, though specific names remain confidential.
• Defense & Industrial Interest – Their sensors are being evaluated for military and industrial applications.
Why It Matters
• MVIS LIDAR aligns with the growing push for AI-driven automation and autonomous vehicles.
• The Stellantis partnership validates real-world adoption of their technology.
• As AI and automation expand, high-resolution LIDAR demand is expected to rise.
• MVIS is trading at a key support zone ($1.30-$1.40), which has historically been an accumulation area.
• The broader trend remains bullish, but short-term price action is consolidating.
• Volume is increasing, indicating growing interest, but a decisive breakout or rejection from this level will determine the next move.
Potential Scenarios:
• Bullish Case: If a bounce is confirmed, the first resistance to test is $1.80-$2.00, with potential continuation toward $2.50 and beyond.
• Bearish Case: If support breaks, the next downside targets are $1.00 and possibly lower.
Trade Plan: Stop-Loss & Take-Profit Levels
• Entry Zone: $1.30 - $1.40
• Stop-Loss: Below $1.20 (or tighter at $1.25 to limit risk)
• First Take-Profit (TP1): $1.80 - $2.00 (key resistance zone)
• Second Take-Profit (TP2): $2.50 (strong resistance area)
• Trailing Stop: If the price reaches 20% profit, set a trailing stop to protect gains.
Upcoming Catalyst:
• Earnings in 9 days – Could drive volatility and momentum.
• Analyst Price Target: Average estimate of $2.50, indicating potential upside.
________________________________________
Key Partnerships & Clients
• Stellantis – Confirmed partnership to integrate MVIS LIDAR into next-generation vehicle safety and automation.
• Ibeo Acquisition – Strengthened MVIS’s LIDAR portfolio by acquiring key assets from Ibeo Automotive Systems.
• NDA Clients – MVIS has disclosed working with multiple OEMs in the automotive sector, though specific names remain confidential.
• Defense & Industrial Interest – Their sensors are being evaluated for military and industrial applications.
Why It Matters
• MVIS LIDAR aligns with the growing push for AI-driven automation and autonomous vehicles.
• The Stellantis partnership validates real-world adoption of their technology.
• As AI and automation expand, high-resolution LIDAR demand is expected to rise.
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.
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.