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re: Microvision (MVIS) finally turning the corner?

Posted on 3/21/15 at 7:51 am to
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5421 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
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5421 posts
Posted on 3/24/15 at 7:01 pm to
Closed green and tested $4 yesterday. Back in the red and flirting with 3.7 again today(added more). That 3.70 area has held up well so far, but volume has been light. I think tomorrow will be a tough test. IF she can bounce up to 4 yet again then we could be in business; any positive PR in the AM and we fly.
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