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re: Microvision (MVIS) finally turning the corner?

Posted on 3/20/15 at 9:40 pm to
Posted by Sho Nuff
Oahu
Member since Feb 2009
11924 posts
Posted on 3/20/15 at 9:40 pm to
quote:

Looking like a high & tight flag setup on this one

Please explain that to me, the newb

quote:

A green day or two next week would continue to validate that setup.


I will buy on Monday if it dips again. My AAPL, MVIS, and PAYC were all down today. SWKS up again, broke $100 today for the first time.
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5420 posts
Posted on 3/21/15 at 7:51 am to
I'm newb too but starting to learn charting.

Video explanations:
LINK
LINK


Example:


MVIS:


If this thing goes back BELOW 3.50 then we are probably NOT dealing with a true high & tight. That's why I'd like to see it go up next week and test $4 area. If it does breakout again then we are probably looking at $4.85+ on the next pop.


This post was edited on 3/21/15 at 8:06 am
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