MVIS Drops the hammer?Not an Advisor.
MVIS seeing some wild price action, said that previously on posts. Taking a step back from the smaller time frame charts here. We saw strong movement upward + finding support on the way down in numerous areas after a $18 dollar swing from the previous week. MVIS is strong and remains strong, today we saw a inverted red hammer candle stick. Implies bullish sentiment going forward, would be better if it was green. But I'll take it. Thursday the 29th, looking for a confirmation of reversal to go up. I believe we see it. ER - and we just saw the LiDAR PR we have been waiting for. MVIS has shown a photo of the LiDAR product, a lot of buzz around it. Photo surfaces with potential of NVDIA chip NVDIA JETSON XAIVER NX on the LiDAR product from MVIS. Also must note NVDIA has a shareholder meeting June 3rd for its Shareholders. In order to approve 2-4 BILLION SHARES. MVIS has a shareholder meeting May 26th. Could we be seeing a merger? IDK but man would that be something. The HYPE is continuing for MVIS.
I personally can't wait for this earnings call, hope you all tune in. I believe in big things ahead.
Just wanted to do a little update for you all. It's good to zoom out and look at the day to day action. Helps with analyzing whats going on. Helps validate theories.
Keep an eye on volume & the next formed daily candle. Highly important.