Oh man, our girl, mavis, even our girl mavis, is not immune to a little bit of good luck. I'm really excited to talk about this guys. Today, we've got a little bit to dive into so let's just do it. What is up? Everybody welcome to trey's trades.

We're technical analysis on different stocks in the stock market, as well as potential buy holders, sell opinions on these given stocks. I like your purpose by saying that i'm not a financial advisor nor expert so take what i say with a grain of salt. The reason i started this channel is because a couple years back, i was about 30 000 deep in some medical debt, and i was very fortunate to have some close family friends and mentors that pushed me to work hard and invest my money, and i am happy To say that not only am i not financially free, but i'm doing pretty well for myself at the age of 23.. I always laugh because once i had a guy say what about when the age of 24 happens, you know and uh.

You know my birthday is june 21st. My my address is in uh in every video. If you want to send me a bottle or something, but it makes me laugh. Uh anyways, if i can pass along the information, resources or tools, are given to me into the community, make a couple people better off than they were before.

That's all that i can ask for last. If you not dropping like on the video, it really does help support the channel and consider subscribing. If you like, to see more content like this. Now today we have an update on ticker symbol, mvis micro vision, incorporated.

This is my baby. I freaking love this stock. There's so much good stuff happening here and uh. We actually had a video come out by dead inside who has a pretty decent sized youtube channel talking about microvision, and i do expect that this may influence the stock price a little bit, as we all know, uh very large scale.

Youtubers do sometimes influence stock price. In the short term, so if you're looking for some opportunity here, uh, maybe today, wouldn't be the time to buy right unless you're looking to ride momentum and get out right away. But to me microvision is a long-term play and we're gon na talk about all the opportunities that are sitting here right now with mvis. So we're gon na look at this on the one month chart as well as the one day one minute chart, uh both macroscopically and microscopically.

I've got a couple. Different indicators pulled up, which is the rsi, the relative strength index anything over 70s over a bot. Anything under 30 is oversold and then i've got two other ones. I've got the 200 ema, which is this purple trend line and the 15 ma, which is this blue trend line, the 200 ema.

The exponential moving average is a price action based valuation trend line over a 200 day moving period and then the 15 ma, which is sometimes referred to as the estimated simple moving average or the moving average, is just a uh price action based valuation trendline over a 15 day moving period, i use both of these to get indication of uh, both long term and price term, uh long term and short term price term price action. That way we can see if there are any imminent breakouts that are coming and predict some upcoming price action. So we'll look at what this looks like uh give you some potential entry points exit points, establish some support and resistance levels, both bullish and bearish indicators that we're seeing here on the charts, the whole nine yards. So let's just dive right into the video.

But first i do want to say there is a link to the patreon in the description box down below. If you are interested in joining the patreon. Patreon is absolutely awesome. We've got a lot of great stuff here over on the discord which you will have access to and uh.

As i said, if you're, if you're interested there is a link down below now, let's just get right into the video microvision. Let's take a quick peek at what they are in case you're not familiar. I pulled this. I suppose i didn't pull this, but we both pulled this straight from their website.

Let's just read: this microvision is a developer of laser beam scanning technology, the company markets, its technology under the brand name picop. It has developed scanning technology that can be used in products for interactive projection, consumer light detection and ranging lidar automotive, lidar and augmented a mixed reality, pycop scanning technology that can be adopted by its customers to create high resolution miniature projection and three-dimensional sensing and image capture Solutions that use dollar laser diodes as the light source, the company offers key components for inclusion in a scanning engine, including its micro electrical manacle systems and application. Specific integrated circuits, the company's pcop scanning technology incorporates its expertise in two-dimensional, mems, lasers, optics and electronics to create a small form factor scanning engine with lower power needs than many other technologies that projects, video and still image to capture three-dimensional data. As far as news releases go uh, we have you, know automotive, head up display systems, market study, but nothing directly coming from uh from microvision in quite some time.

December 29th is the last time that we've seen a uh press release from microvision, so the public relations team do be slacking a little bit. They do be slacking they're, taking the time getting some news out, but i absolutely love microvision uh they've got a lot of great stuff, so they've got the mems technology. They've got the lidar technology. They've got a bunch of different projection engines, both interactive and non-interactive uh.

So if i was to project this engine onto my my uh desk right here, i could play on it just like some sort of tablet, except it's a projection engine just like you, can see back in high school or college right, uh, absolutely insane and they are Working on automotive, lidar tech right now - and we are expecting a presentation on this sometime in april - and if this does come to fruition - and it goes well - they have been in rumors of buyout with a couple different companies right, so uh, microsoft, ford apple. I know people say that elon musk doesn't like lidar, because because it's ugly and bulky, but i'm telling you lidar for microvision, is not ugly. It's not bulky, it's very aesthetic and sleek stuff, so i wouldn't be surprised with tesla either, but i find the most likely uh candidates to be companies such as microsoft or ford or apple. Those are probably the top three, especially because microsoft and apple are uh getting into the automotive and autonomous driving game here in the future, and if this does come to fruition, a buyout is very lucrative.

To put this in perspective. You get paid per billion dollars in acquisition and you get paid per share, so per billion dollars in acquisition, you'd be paid somewhere around seven dollars and let's say that a 10 billion dollar deal is struck with microsoft. Right you'd be paid 10 times seven dollars per share times the amount of shares that you own, which would be 70 per share. So if you have a thousand shares, you can do the math, that's uh, that's that's! Seventy thousand dollars, which is a lot of money.

There's a and, of course, we're not getting a micro microvision because of the buyout. It's an addition to an already great company uh, but but i just want to put that on your radar, because that is something i don't think. A lot of people realize, with this company it flies very under the radar. I think a lot of people historically know this as being a pretty heavily shorted stock, but it is a pretty solid company.

Now i want to pull something up for you guys, okay, so i did just recently uh get a subscription to ortex. I've been keeping up with the amc, gme situation and with all the different data, that's available on short interest on different stocks. Uh. I wanted to pay for something that i know is very frequently updated and give you the the most relevant information that i possibly can, and we all know if you've kept up with the channel.

That microvision has been a heavily shorted stock for quite some time, which gives it kind of a bad rep right. We know microvision is a heavily shorted stock, which is why we see these huge spikes, followed by huge, huge dips right, and what i have pulled up here is the most up-to-date information that ortex has to offer on the overall short interest. So if we look here as of seven days ago, the total percentage free float on loan is 21.26 and uh. Seven days ago it was 23.31.

So there's a change of negative 8.79 percent, meaning that some people are most likely covered right, which would explain why we saw this pretty heavy rip right here and then exchange reported short interest history for mvis. This was released on the 10th of november 2020.. I want to be completely transparent with that and tell you this was when this was last released, but we see a short percentage of free float of 14.03 shares, shorted of 20.44 million and the settlement date of 30th october 2020.. So, what's the most relevant information right now well, as of january 28th, we have days to cover being 2.18 and honestly guys.

Microvision is a long-term stock to me, i'm just presenting this information to help with your investing decisions, but with this being said, there is opportunity here for a possible small squeeze on the stock, and we do see that if we look here days to cover comes back Down we see a big big rip right here and if i had to guess there might have been a small squeeze, not anything crazy. That did happen with the stock to push it all the way up here to uh 9.73 back here in what would have been december 22nd. Now we are getting ready. It looks like for the next big run, we're looking at uh days to cover.

There is still a little bit of uh short interest here. As i said, uh current short float, uh current percentage, free float on loan is 21.26 percent and the exchange reported short interest is 20.44 million compared to the previous of 20.06 million, which is a change of 1.89. So i did want to show you that guys just in case you are curious on what the current situation looks like we have 2.18 days to cover currently on any short positions that are existing on nvis. Of course, we just love this company.

We like this stock. We like the stock, as everybody is saying right now with amc and gme, but let's look at the charts here. So what do we have right now? Well, right now, in the pre market we are looking pretty solid. We closed the last date at about uh, seven dollars and six cents or so and are currently trading at seven dollars and 25 cents, and debt inside did post a video talking about microvision uh.

It was on a reddit thread and some people were talking about the pros and the cons of microvision and why this could be a good stock, and i do predict that you're gon na see a little bit of a push here today. So if you do a position in microvision today is gon na be a good day for you to look at the portfolios. My my guess - and we are seeing a nice little run here so far in the pre-market, which is very assuring now in my previous video. I did point out to you guys that we aren't an upward moving channel now.

What does that mean? We've got one two three four different touch points here on a ascending level of support, which typically means that this is being respected as a level of support, and you can anticipate based on the previous price action that either a we will continue to respect this. As a level of support or b, if we don't we're, gon na have a pretty harsh sell-off. So i anticipate with the buying pressure that we're seeing right now that you're likely to see this treated as a level of uh of support here on the stock, and we've got a couple other things here that i think are very interesting. So we were kind of a descending level of resistance, which is a pennant.

It's squeezing down this price action getting more condensed, and you can think of this as spring loading, the stock and here in the pre-market, we did break through this level of resistance with a very wide range candle bar. Now, what is a wide range candle bar? This typically indicates a lot of buying pressure and a huge change in price, so we see the open here at 711 and the high of the candle at 734 closed at 7 31.. That indicates a lot of buying pressure and we did have that wide range candle bar which to me justifies and validates that we did break through this level of resistance, so that is a win. That means that we are looking pretty bullish right now.

I like that. We've got a nice gap here between the 15 ma and the 200 ema currently trading on the rsi at about 48.. We are selling off just the hair right now from where we were at the high of this candle, but that is not the end of the world guys. I love microvision, and this could be the beginning of the next run uh.

We know this thing took a pretty good beating from some profit takers getting into amc and gme, and this could be an opportunity to get back up to some previous highs if you're looking for a quick, flip uh or it could be an opportunity for you. Just look at a nice green portfolio if you are very long and you're holding on this position, uh as i like microvision, i am in the process of transferring over my account from fidelity to weeble. So i do not have my complete portfolio pulled up right now, but uh microvision is an absolutely beautiful stock and i i absolutely love them i. I will be long on this stock for a very, very long time and i will have a position in this stock for basically as long as i i'm able to do so or unless i need to sell out for some some cash on on a payment or Something but i love microvision, that's how that looks right now.

We've got that nice gap between the 15 ma and the 200 ema currently sitting at 48 on the rsi indicator. Macroscopically speaking, we did have that little pullback here guys. This could be just the beginning of an upcoming run, but do keep in mind that all news and catalyst right now does trump and outweigh the overall technical analysis and what the charts are saying. So anything comes out from wall street bets or cnbc the media right that could slander or or change how the charts look right here.

That is always going to trump technical analysis, but, as things sit right now, if we lived in a vacuum, this is what microvision is looking like. It's bullish. We broke this descending level of resistance. We are currently on an ascending level of support, setting higher lows and higher highs every single day, and let's look at this on a three month, chart to see any sort of patterns or relevant uh levels that we need to watch for now.

We do currently have a level of uh resistance sitting right around here at eight dollars and 46 cents, which lines up pretty well with a breakdown we saw. We saw a wide range candle bar pushed beneath this, so i'm gon na count that, as one touch point two three four almost five different touch points very respected level of support and in terms of the charts here we do have what appears to be a double Top right, so that's typically a bearish indicator to be completely transparent, but we are still setting new higher lows and higher highs with every passing day, we're in a nice upward, ascending uh level of support. Typically, a bullish indicator. We've got one touch point two and if i just adjust this a hair, one, two three four five different touch points this lines up very well with the one month chart.

So i i love everything about microvision right now, guys this is screaming bullish to me. This is screaming, it's getting ready for a run and if we do look at this right now, if we don't break out of this uh this current this current upward channel in the next couple of days right, i anticipate that this is going to happen in the Next, two weeks now, why do i say that? Well, we've got this level of support right here right and it's squeezing down day by day. If we respect this, this upward trending support line right eventually we're going to reach a point where it has to break one way or the other, either a we're going to break below the support line or b we're going to break above the resistance line. And if we break above the resistance line, the next level that you're watching for is going to be right here at 974, which would be absolutely insane if we break that.

Who knows where this thing could go in the upcoming upcoming days and weeks, but we're looking at one two: three: four: five: six: seven: eight nine 10 11 12 days so somewhere around two full trading weeks and some change is when i expect to see this. At least break over 846 and honestly, i anticipate it happening a lot sooner. That is just worst case scenario. With this thing doesn't see any volume, it stagnates not a lot of volatility, not a lot of price action, but i do anticipate you're gon na see that - and this is the worst case scenario is.

That is what this looks like. Currently, if you're looking at a potential entry point, let's come back here to the one month chart uh, we are currently, as i stated in an upward moving channel. This is a pretty well respected level of support. So if you see a touch point on this on this uh level of support right here, this trend line you're looking at about seven dollars and i think seven dollars as it sits right now - is a pretty solid level of uh support and a good entry point To get into this stock, so that is my updated entry point into mbis and if you're looking for a quick swing, trade and you're not wanting to hold this long, you could be looking at an entry point around seven dollars and an exit once we touch 848..

If you come in with enough shares, that should be about a 15 to 20 game, which is not a bad swing whatsoever. You can't be mad about that uh and, if you're looking to get it out before that instance, let's take a quick peek at what we might be looking at. We've got a pretty solid level of resistance right here with one two: three, four: five: six different candle, wicks touching so in the near term, the last three days, or so last five days, you're, looking at a pretty solid level of resistance at eight dollars. Even so, if we see a bounce off of eight dollars, you want to take profits.

That is what you're looking at about a dollar profit per share. You would not be sitting bad whatsoever volume pretty consistent overall, it has been trending down since we saw this nice little push right here, but i anticipate that changing just based on the information i shared with you earlier now. If we look at this on the uh one day, one minute chart we're just gon na zoom out here, and the price action in the pre-market is a little bit choppy. We don't have a lot of volume coming in right now, but if we look at the previous trading day and just zoom out here and take a quick peek at everything, we do have a pretty harsh sell-off followed by a nice up.

And this is a nice bullish indicator to me uh when you see a bottom out. That typically indicates that buyers are saying all right. 682 is the lowest point that we're gon na allow this stock to to sit at, and they step back in and scoop that up, and they saw that as an opportunity to get the shares for an oversold and undervalued price. So that is a good thing.

It did break below this uh ascending level of support. Very, very briefly, but if you zoom in here, you can see that we did see it bounced and it was respected uh after that, which is a good sign, so microscopic blips where you see it break down below an ascending level of support, uh an ascending channel. That's not the end of the world. We want to see the macroscopic picture here and the microscopic picture is this is being a very well respected level and i love everything about the price action.

I want to share this information with you, because i do anticipate that you were going to see a nice green day on microvision. So that's what i have for the video today guys if you enjoyed it, please drop a like. It really does help support the channel and consider subscribing if you'd like to see more content like this and lastly, i'm going to affiliate link in the description box down below for weeble weeble is the platform you're watching me use right now. This is version 4 for the desktop great uh great platform that allows you to start training at 4am uh in the extended hours for the pre-market can be a great tool to help get you ahead of some time-sensitive plays.

If you use my link, you'll get four free stocks with 100 deposit. Two upon opening account two upon your valid validation of the hundred dollar deposit. I will also receive a free stock great to support the channel if you're not interested, that's totally fine guys. I just appreciate your support by taking the time to watch my videos, my friends, so that is what i have for you guys today.

Thank you for watching my friends and i'll see you all next time. Peace.