This company will likely get uplisted to NASDAQ this year once they hit the $4 price requirement. They have breakthrough tech and patents that will address massive market sectors. Commercialization phase has begun.
Holding nicely above $10. Just needs a bit of volume and a catalyst (LiDAR partnership perhaps?) to get her back in the 20s and retesting that 27 area. A market crash feels like the only thing that could stop this overall bullish trend.
Breaking out of the falling wedge pattern. First target at the 50% fib retrace level of $0.81 with a potential to retest the lower-high trendline near $1.04.
Looking for that big crypto bounce. Fib extension target zone $500-$700.
Looking for that big crypto bounce. Fib extension target zone $90k-$130k
We are looking to break out of the red down channel and fill that $17.53 gap. The next major news release takes us to somewhere between $30-$40. Good luck!
Forming one big cup and handle on the weekly chart. We've got a little gap target around $25 as well.
If things continue to get crazy ahead of earnings then look for that $41 fib ext target to get tested. Otherwise, the healthier move would be a retrace to find new support. Mind that gap too, it might need to get filled post earnings call. Good luck out there!
This is a log scale view to give a better overall picture of the lifecycle of MVIS. Assuming the LiDAR A-Sample update is a solid one, the next pop should take us to around $28-$30 before we come back down to find our new support.
Breakout of this pattern will send us testing the upper range of the bollinger band around 19.50. A failed breakout likely send us back to that 14.73 area for potential new support, which IMO would be a healthy move. Expected A-Sample update on April 29th's earning call will impact the share price.