MVST Long @ 2.08HVE on November 13 2024, Upside Reversal day on Wednesday, and Inside Day on Thursday, setting up very nicely right on 21DEMA. Risk is only 5% with stoploss being LoD of Inside Day.
MVST trade ideas
MVST poised for another massive runupMVST Valuation Doesn’t Make Sense
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Let’s put things into perspective. Consider KULR, a stock I’ve been bullish on for years (I'm also the KULR subreddit admin). KULR, with $40 million in annual revenue, has a market cap of $300 million. Meanwhile, MVST, with $400 million in revenue and already profitable, is only valued at $390 million. A profitable company trading at less than its annual revenue is a rare opportunity in today’s market.
Why I’m Extremely Bullish on MVST
Revenue & Profitability: MVST recently reported $101.4 million in Q3 revenue, a 26.6% YoY increase. Their gross margin rose to 33.2% (from 22.3%), and they achieved a net profit of $13.2 million—proof that they’re not just growing but doing so profitably.
Industry Comparison: Comparing to KULR again, a market cap-to-revenue ratio of 7.5x would imply MVST deserves a market cap of $3 billion—a 10x from its current valuation. This isn’t just a hypothetical; I’ve seen this happen before with KULR, which 15x’d within a year. (And still giving.)
Growth Potential: MVST’s 2024 revenue is projected to grow 15-18% YoY, supported by a strong gross margin target of 25-30%. The company’s focus on next-gen battery technologies like solid-state batteries positions it well for sustained growth.
Short-Term Catalysts to Watch
Q4 Earnings: MVST guided Q4 revenues to $90-$95 million. If profitability continues, expect a significant re-rating of the stock.
Long-Term R&D Success: Their work on silicon-based cells and ESS solutions can open new revenue streams.
Market Realization: Historically, the market has corrected misvaluations like this. Dismissive attitudes, similar to what I saw with KULR early on, often precede massive price movements.
Technical Price Analysis
Current Levels: MVST is trading at $1.20, far below its book value. Support levels are forming around $1, with resistance near $1.40.
Potential Upside: If MVST trades at a fair value reflecting its fundamentals, the $10 target isn’t far-fetched. The price could consolidate briefly before breaking out, driven by earnings momentum.
Addressing Bearish Concerns
Some have raised concerns about near-term dilution or declining sequential revenues. While an offering might impact the stock in the short term, MVST’s profitability ensures any capital raised will fuel growth, not just sustain operations. Sequential revenue declines are normal in seasonally affected industries and don’t undermine long-term trends.
Conclusion:
I’m long on MVST. Just as KULR proved skeptics wrong, I believe MVST will too. Its fundamentals are too strong for this valuation to persist. At today’s prices, it’s not just a buy—it’s an opportunity to get in on a stock with 10x potential before the market wakes up.
Let’s discuss—are you bullish, bearish, or somewhere in between?
Disclosure: I’m heavily invested in MVST and KULR.
MVST Bullish Trade Setup: Key Levels to Watch!📈
**Entry**: **$1.52** – Price has broken out above consolidation, signaling bullish momentum. 🚀
**Stop Loss**: **$1.40** – Protect against invalidation below support. ✋
🎯 **Targets**:
- **T1**: $1.71 – First key resistance and profit zone. 🛑
- **T2**: $1.94 – Extended upside potential. 💰
**Key Details**:
📊 Breakout from a triangle pattern confirms bullish momentum.
📈 Price action near $1.52 offers a strong risk-reward ratio for long trades.
**📌 Strategy**:
- 🟢 Enter long at $1.52.
- 🔒 SL below $1.40.
- ✅ Take profits at $1.71 (T1) & $1.94 (T2).
**Why This Matters**:
⚠️ MVST is showing clear bullish signals, making this an attractive setup for breakout traders.
**Conclusion**:
A breakout at $1.52 with targets at $1.71 and $1.94 confirms bullish momentum. Don't miss this setup! 🚀🔥
#Trading #MVST #StockMarket #BullishSetup #RiskReward #StockAnalysis #ProfittoPath
1 Billion shares volume on +400% runner MVSTMVST is up +400% on 1 Billion shares volume today alone, flagging, possible push to new highs into last 2 hours of the day and could even double or triple from here during after hours / premarket gap up if uptrend continue supporting because this volume is massive and if shortsellers start covering... oh boy
+2000% ? MVST charging upA global leader in providing battery technologies for electric vehicles and energy storage
MVST is Oversold here revenue 50% yoy growth, profit margins have been steadily increasing. May take three years at this rate more time for DCA.
Charlie Microvast soon to enter his King Charles phase?Charlie, is that you? I say old chap; your golden triangle is looking rather fetching!
Microvast DCA opportunity emergingFor NASDAQ:MVST , wait till a day after the quarterly results are out (01 Apr 24). If the price is heading down from that date and the resistance level, then wait until either the RSI is at 30 or the price reaches $0.55. And then start DCA for a long term hold.
If after the quarterly results the price starts a flag pattern, see the trend of the RSI and start the DCA if it reaches 30 if the RSI trend is downwards. Otherwise, if the RSI trend is also sideways, begin DCA.
If after the quarterly results the price breaks through the resistance then start DCA then. Depending on the candlestick patter might be best to wait 3 days to see if the price falls but then if the pattern and volume is strong then the move might be a large one and best to start DCA immediately.
Hi It's me, Charlie MicroVast, And I may be going to 8USDThis is a floater not a sinker in my speculative opinion.
$MVST - Double Bottom Play - Big Upside!Price targets are sitting around 8$ each. Battery supplier for EVs+. Double bottom'd at .72. Looking for a big upside swing soon. This is not financial advice, do your own research. I have a position in this stock.
MVST to $4.5 (160%)My reading is :
1- Primary : it is in the 3rd Elliott wave
2- Minor : finished the 1st wave of the primary 3rd
finished the 2nd wave of the primary 3rd
Forecasting :
Conservatively: it may go to the upper bound of the channel $4.5(160%)
Unconservative: $6.4 (280%)
The information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation.
MVSTMicrovast Holdings, Inc
Hi Folks,
This stock belong the the EV + Battery sector
MVST has a quite interesting chart pattern.
• A big move in the past 1-3 months anywhere from 30%-100% the rally last for a few days to weeks.
• Stock is going to catch up the ema 200
• Orderly consolidation with higher lows & tightening range:
• RDM, VCP
• Stocks surfs the rising EMA 10 or the EMA 20, and sometimes the EMA 50
• Volumes are significative compared to previous phase
Let's keep it shortlisted
$MVST ready to break out of falling wedge patternMicrovast clarkesville will be opened in September bringing in much more revenue & announcement of the new Kentucky factory this week.. trading at 350m market cap while assets alone sit at about $1b this stock is is about to break out of the falling wedge pattern it has been in since june at last year.
Careful LONG MVSTThis meme-stock, hyped by reddit feel badly. But it is a real company, making and selling real stuff and is heavily into R&D with batteries. Im not all too FA-minded so i leave it at that.
On the daily chart we have some nice bullish RSI divergence. Looks like it will break out. potentially an easy 30% from here, as for a longer term hold, i havn't made my mind up yet for the targets.
Buy low, sell high. right? There is still quite some short intrest for this stock. Which also means that there are quite some buyers (because the shorters need to buy the stock). Seeing that the price dropped a fait amount, shorters might take profit and it will propell the stock higher.
It is also testing it's 21dMA. 3 times now. Like its knocking on the door before coming in :).
Could also fall further. depending on what happens, i will probably only add to my position, not sell because the upside potential.
MVST: Long once againAfter the previous rally, we again tanked down.
I think we are low enough to go long again. Making a double bottom it seems, perhaps still early to call.
Again there is a bullish RSI divergence.
We are now 3.30 and my target is the 200 dMA which stands now around 6.8 so i believe 70-100% is doable from this level.
Re-evaluate thereafter. There could be some panic selling but keep those nerves under control :).
MVST chartno idea what this is but heres some upside if you want to play it, also seems like a pretty garbage asset tho, i wouldnt hold this
MVSTMID-TERM: Falling wedge breakout, followed by a new smaller falling wedge on the backtest of the larger one, bullish convergence and the first higher low in a while on the daily. (not financial advice)
MVST Wave PredictionWave 2 of Overall 1 held .786 fib almost exactly at 8$. Looking for a possible extended wave in December to 12$ for wave 3.
MVST - Tweezer Bottoms - ReversalThe daily formation is turning into tweezer bottom signaling a potential reversal from this low.
14% upside
3.7% downside
3.79 R/R Ratio.
Khan's Handelskontor - KW 41 - Swing Trade Idea - $MVSTVery bad financials, pure TA Play
Possible Double Bottom
Got beaten down hard – risky play. It spikes very fast, so be sure to play this with a hard SL and pre-set Price targets
MVSTMID-TERM: Potential double hammer off the mid $10 area which is a historical support and a gap fill, daily right angled descending broadening wedge, 1hr cup and handle with hidden bullish divergence. (not financial advice)
