MicroVision, Inc.Updated MVIS Trade evaluation
We bought in and sold very early, this is a lesson on why you should (SOMETIMES) let your winners run and have your stop losses set up to safety net your losers.
Note the private idea I made earlier this week regarding mvis breaking out of its fibonacci retracement zone and how I used that to accurately predict this price spike with the volume and fibonacci indicators.
For our new expectations with this stock we could see a brief pull back to lower levels as retail traders find their exit from this trade and/or it just simply trades sideways and establishes a new price range.
Note the private idea I made earlier this week regarding mvis breaking out of its fibonacci retracement zone and how I used that to accurately predict this price spike with the volume and fibonacci indicators.
For our new expectations with this stock we could see a brief pull back to lower levels as retail traders find their exit from this trade and/or it just simply trades sideways and establishes a new price range.
Note
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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.