johnhhdoan
Fundamental Expectations for Earnings Report (Feb 26, 2025): Previous earnings missed expectations, reporting $0.01 EPS (vs. $0.05 expected). Investors will be watching loan certification volumes, margins, and forward guidance for signs of recovery. The impact of interest rates on auto lending remains a key concern. Technical Analysis Outlook (Chart...
Current Price Action: • MVIS is trading at a key support zone ($1.30-$1.40), which has historically been an accumulation area. • The broader trend remains bullish, but short-term price action is consolidating. • Volume is increasing, indicating growing interest, but a decisive breakout or rejection from this level will determine the next move. Potential...
Technical Analysis of MVIS (MicroVision, Inc.) Key Observations: Falling Wedge Pattern: The chart shows MVIS trading within a long-term falling wedge, which is generally a bullish reversal pattern if broken to the upside. The stock attempted to break out recently but is currently testing key levels. Resistance Turned Support (~$1.35 - $1.40): The yellow...