MVIS Longdaily, Support line Long 0.83 no Stop Target 1.85, 2.7 Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account. Longby PlanTradePlanMMUpdated 3
Why Does the $MVIS Chart Look Ready to Break Out?NASDAQ:MVIS , with its advanced technology in autonomous driving, appears to be a good long-term investment. A breakout seems likely in the near future.Longby ImmaculateTonyUpdated 114
MVIS continuing to range $3strong growth in revenue YOY Potential H & S on daily will pick up at 1$ or under Longby WSMS199114
MVIS compared to the Lidar competitors by market cap.In this photo you can see that MVIS has increased in market share of the Lidar market. Now sitting at 14%. Seemingly skyrocketing. This is mostly due to the competitors decreasing in value. Which increased MVIS’ steak in the game. It will be interesting to see how this plays out for a possible breakout seems to be taking place.Longby CommissionGlum5
MVIS small-er term Gann (4 years)In this Gann chart you can again see MVIS respecting the curved lines and middle trend line. $28 was further way from the middle trend line than .82 a few days ago. were still not as 'dramatically' away from the rend as we were at 28, but I do think with a break of this curved line that MVIS is currently in, could be explosive.by CommissionGlum4
MVIS Gann Chart ALL Pt 2IN this Gann chart of MVIS you can see another way that MVIS is respecting the curved lines. at 550 down to .15 MVIS followed the green channel (relatively) and then the channel ended and it broke out. Currently sitting in the outer blue channel where there is uncharted territories. by CommissionGlum222
MVIS All time GANN chartIn this chart you can see that MVIS has generally respected the curved lines and middle downtrend line (45 degree) angle. Bouncing off of them and on break throughs dropping to the next level. The last time we dropped to .15 MVIS bounced off of the curved green line all the way back up to the next one (and back down). At .82 MVIS was sitting on that curved line again. Thus far has bounce a small percent off of it. Looking for a continuation / repetition here. Longby CommissionGlum3
Falling Wedge Breakout Below Lower Trend Line MicroVision: MVISBreakouts below the lower trend line are atypical but do sometimes occur. These usually occur in a pre-existing downtrend that is coming to an end. The move is usually accompanied by fairly high momentum, as if squeezing out the very last bit of bearish strength. A characteristic feature is the strength of the breakout, which can be very significant in a very short time, recognizable by the sudden rather large distance between the price and the SMA20, for example. Going short based on this downward price breakout is highly speculative because the probability of an at least equally sharp incline is quite significant. NASDAQ:MVIS Longby CommissionGlum3
MVIS - Signs of a possible bullish reversalSplit Screens. Right chart: Monthly Fibonacci Retracement. MVIS has retraced down to a local low of $1.15, and bounced off the 0.618 golden pocket. Will the 0.618 hold as support? The month hasn't ended yet, so we will need to wait and see. In the big picture it looks like this could be the end of wave 2 of the Elliot Wave. In Elliot Wave Theory, wave 2 is a pullback to the 0.5 - 0.618 of the Fibonacci, which MVIS has done so far. If my guess is correct and this is the end of wave 2, then wave 3 would be next. Wave 3 of Elliot Wave is a parabolic rise up. It's never the shortest wave and is usually the longest. Left chart: Weekly Gravestone Doji candle formation. There's one more day left in the week so this candle hasn't confirmed yet. It presently is forming a gravestone doji candle. It could possibly even close as an inverted hammer by the end of Friday. Both formations are sometimes signs of a bullish reversal. A gravestone doji is a bearish signal at the TOP of rallies. But forming this candle in a downtrend, as is the case for MVIS, could mark a bullish reversal. Looking at the Stochastic Rsi, momentum is currently below the 20 level, signaling a reversal could be coming soon. (green circle) Looking at April 2023, the Stochastic Rsi dipped under the 20 level and quickly broke back above. (orange circle) This resulted in a +300% gain in 42 days. Also a dragonfly doji formed at the bottom of the downtrend, signaling a bullish reversal. In the next few weeks we will see how MVIS plays out, and we will know for certain if my thesis is valid. Longby babychester12127
Decent Bounce Off Weekly TrendPosted recently that monthly chart is at a key RSI divergence point. Was neutral during that post, waiting to see what happened in shorter time frames. This past week, we tested and bounced decently off a weekly price trend. Taking a closer look, the bounce paused due to a key price trend on the daily chart. Assuming we see continuation on Monday (closing over $1.51), that would appear to be setting up bullish divergence on daily, weekly, and monthly. Personally took positions by writing short term calls and took on a few deep ITM leap calls.Longby tyohe4
MVIS Monthly RSI Bounce?Watching MVIS monthly chart closely this and next month. Is third time the charm? The first two bounces off RSI trend all gave at least 4x. If we fall through all bets are off.by tyohe114
MVIS targetAfter a highly successful prediction in 2021 for this stock (), per request, here is an update for it's near future with an updated chart.Shortby xxeruss4
MVIS Microvision breaks higher from earnings LONGMVIS is a volatile penny stock with daily volumes in the 20JK range and a low float. Yesterday was a decent earnings beat. MVIX was already trending up into the earnings and now may sustain that trend up. Volatility and volume indicator support my supposition that the trend is real. The target of the consolidation period of February 8-13's price level of 2.58 is 13 % upside. I espect this to be a long swing trade lasting a few days. Upon reaching the target I will take half the position to realize that part of the profit and run the rest.Longby AwesomeAvaniUpdated 4
$MVIS Microvision Inc. Long term PTs 46 - 87 -548 and higherNASDAQ:MVIS Microvision Inc. Long term PTs 46 - 87 -548 and higher MicroVision, Inc. develops and sells lidar sensors used in automotive safety and autonomous driving applications. Its laser beam scanning technology is based on micro-electrical mechanical systems (MEMS), laser diodes, opto-mechanics, electronics, algorithms, and software. The company also develops micro-display concepts and designs for head-mounted augmented reality (AR) headsets, as well as 1440i MEMS module supporting AR headsets; interactive display solutions for the smart speakers market; and Consumer Lidar used in smart home systems. In addition, it develops 1st Generation LRL module. The company sells its products primarily to original equipment manufacturers and original design manufacturers. MicroVision, Inc. was founded in 1993 and is headquartered in Redmond, Washington.Longby BADQOMOCAWGOWLD112
MVIS WeeklyEasy MVIS trading: Simple 3 steps. ***All 3 rules need to be true before buying or selling*** Steps to BUY. (Orange circles on chart indicate buy signal.) 1) Price under white moving average. 2) Bottom indicator - Red and white lines are under the yellow horizontal line. 3) Above indicator - Green line under the yellow horizontal line. When all 3 of these rules are true, then it's a buy signal. Steps to SELL. (Blue boxes on chart indicate sell signal.) 1) Price above white moving average. 2) Bottom indicator - Red and white lines are above the yellow horizontal line. 3) Above indicator - Green line above the yellow horizontal line. When all 3 of these rules are true, then it's a sell signal.Longby babychesterUpdated 4410
MVIS RangeMVIS fell back down into its parallel channel. $3.39 is resistance. If MVIS can break above this price and hold it as support, that would be bullish. If MVIS can't find $3.39 at support, then this stock could be in trouble. Currently $1.95 is an area of support, and it tested and confirmed this level as support on April 2023. If price falls below $1.95, the next support level is the bottom of the channel at $1.11. MVIS continues to make lower highs, and is in a downtrend, in the big picture. Time will tell if a lower low will form. 17 cents is the previous low. Longby babychesterUpdated 5
$MVIS conspiracy grade TA for the homiesSS + EWT + FTL = $? Using Elliot wave theory plus Fib time lines to predict future price targets and movements on MVISLongby visibleCode12488224
$MVIS Post Resistance Short SqueezeOver the course of the last few days MicroVision, Inc. (NASDAQ: MVIS) stock has garnered a lot of social media attention after it skyrocketed more than 100%. As things stand, MVIS stock recently broke its $6 resistance and is continuing to move along its upward trajectory while its short interest continues increasing. In light of this, MVIS appears to be a prime short squeeze play to watch closely over the coming weeks. MVIS Fundamentals Although MVIS is considered an impressive pioneer of laser tech, the reason it is in the spotlight at the moment is not laser related. Instead, MVIS is grabbing investors’ attention thanks to its short squeeze potential with the stock running more than 100% YTD. Recently, MVIS broke a key resistance level near $6, and given the attention it is receiving, the stock may continue running to retest its next resistance at $9.82 – which would be a 34% gain from current levels. With this in mind, MVIS is highly shorted with a short interest rate of 27% and 34% of its float on loan. If MVIS continues in its trajectory, more investors might be inclined to buy the stock to force short sellers to cover their positions which could lead to the stock soaring. In light of this, MVIS could be an interesting play to watch over the coming weeks in anticipation of a retest of the $9.82 resistance. MVIS Financials According to its Q1 report, MVIS’s assets increased QoQ from $114 million to $123 million which is partially due to its cash balance increasing from $20 million to $23 million. On the other hand, its liabilities drastically increased from $ 25.2 million to $36.7 million. While MVIS increased its revenues YoY from $350 thousand to $782 thousand, its net loss increased from $13 million to $19 million, which was due to its operating expenses, which increased from $13.4 million to $21.4 million. Technical Analysis MVIS stock is in a bullish trend and is trading in an upward channel. Looking at the indicators, MVIS is trading above its 200, 50, and 21 MAs which are bullish signs. The RSI is neutral at 58, and the MACD is curling bearishly. MVIS recently broke a key resistance at $6 and is continuing to climb with increasing momentum. With this in mind, investors could wait for the stock to retest its support to add shares in anticipation of a run near $9.82. As for the fundamentals, MVIS’ most notable catalyst is its high short data. Given the bullish sentiment surrounding the stock, MVIS could continue running as short sellers might be forced to cover their positions with the stock already up more than 100% YTD. MVIS Forecast Many investors are keeping an eye out for MVIS after it bulldozed through its resistance. As is, the stock has high short interest and appears to be on its way to retesting the $9.82 resistance. Considering the stock’s growing momentum as a prime short squeeze candidate, MVIS stock could be one to watch over the coming weeks.by Penny_Stocks_Today117
MVIS | InformativeNASDAQ:MVIS Technical Analysis for MVIS: If MVIS breaks above the bullish line of $4.24, it may indicate a bullish signal, suggesting potential upward price movement. In this scenario, the first target price (TP1) could be set at $5.01, while the second target price (TP2) could be set at $5.86. Conversely, if MVIS breaks below the bearish line of $3.69, it may suggest a bearish signal, implying potential downward price movement. In this case, the first target price (TP1) could be set at $2.88, and the second target price (TP2) could be set at $2.35. Fundamental Analysis for MVIS: MicroVision Inc. (MVIS) is a technology company that specializes in developing laser scanning technology for automotive lidar sensors, augmented reality (AR) displays, and consumer electronics. The company's core technology, known as MEMS (Micro-Electro-Mechanical Systems) scanning, enables high-resolution and low-power consumption displays and sensing solutions. MVIS operates in the growing markets of automotive lidar and AR displays, which offer significant potential for future growth. Lidar technology plays a crucial role in enabling autonomous driving systems by providing accurate depth perception and object detection capabilities. As the automotive industry continues to embrace autonomous driving technology, the demand for lidar sensors is expected to increase. In addition, MVIS's AR display technology offers immersive and interactive visual experiences across various industries, including gaming, entertainment, and enterprise applications. The adoption of AR technology is on the rise, driven by the increasing demand for enhanced user experiences and applications in fields such as healthcare, education, and industrial training. MVIS has been actively engaged in strategic partnerships and collaborations to enhance its market presence and accelerate the commercialization of its technologies. These partnerships help expand the company's reach, leverage industry expertise, and access additional resources for research and development.by shksprUpdated 6
MVIS Springback TestCurrently retesting lows for the 3rd time and showing bullish divergence. Nearing earrings and a breakout point, fib targets on chart.Longby bktradesICTUpdated 115
MVIS Bullish; Broke 2 Year DowntrendMVIS Broke today the 2 Year Downtrend. Tomorrow it is testing the 200 Daily Moving Average. Huge Short Float. Longby jimbelluni113
$MVIS Long IdeaSmall cap runners of 2021 moving again. $MVIS long downtrend looks good for a reversal. Long as MoMo continues in the market, $MVIS is a good candidate for huge run-up. Longby Alfa_Trends0