Bull flag, Elliot wave, and incoming catalysts is brewing a strong storm for MVIS to make new highs in May
Looks like Mavis is up to her usual cup and handle again. Lets see if it plays out - PT $24.5
Take a look at the price in relation to the circles. RSI broke out when we were at around $3 and we ran to $9... RSI broke out while we are sitting at $10 to propel us to $15, $20+ ?? We will find out next week but the real fun is just starting MICROVISION
Cup and handle playing out, need volume to shoot us to new highs
Watch for the break above the trend line. We need to first get over 6.95 and then 7.5. Once we clear and hold 7.5 then $10+ coming
Keep an eye out on this chart, could break up watch the RSI. Could be cup and handle going back to August. Need the cup, flag and rsi to confirm before buy
a nice cup and handle is forming on the chart. Expect it to either trade sideways for a couple days and then boom. It COULD boom tomorrow/thursday but with the election uncertainty there might be sideways trading in that channel. The $5 days are over this is going $10+