Microvision Inc (MVIS): FYI I am long. A technical trading botto...

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Microvision Inc (MVIS)

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Monday, 02/22/2021 11:46:24 AM

Monday, February 22, 2021 11:46:24 AM

FYI I am long. A technical trading bottom occurs when the low of the day comes in higher for 3 days in a row. With a Thursday low print of 17.50, Friday 18.30, and today's low of the day (so far) of 19.51 I am confident MVIS bottomed unless that 18.30 is taken out. WS traders trade off the 3 day technical bottom (or top) rule. I used this trading rule profitably many times while I was a broker. Annie in the musical sings about Tomorrow. I'm betting lift off day is tomorrow crossing 21.50 for a 25-27 short term target.

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