What a filthy day, let's go! What is up everybody? You guys like that. You guys, like that i've been asked by a couple people to show my face, so i bought a. I bought a camera that way that way you guys can enjoy the show, welcome to troy's trades. We get technical analysis and different stocks in the stock market, as well as potential buy, hold or sell opinions on these.

Given stocks, i'd like to premise by saying that i'm not a financial advisor nor expert so take what i say with a grain of salt, the reason that i started this channel 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'm happy to say that not only am i now financially free, but i'm doing pretty well for myself at the age of 23.. I always add that in because i remember a comment once where a guy said: uh financially free means broke, i'm not broke, i'm doing all right, guys uh. So if i can pass along the information, resources or tools to you, guys here at the channel, make a couple people better off than they were before. That's all that i can ask for.

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You know report the account uh. Don't call that number don't buy his crap we're gon na be cooking with crisco. Today, we're gon na give an update on some filthy price action. Man i was jumping up and down at work watching this happen.

Well, we're gon na give an update on microvision uh. We're gon na look at this at a one month chart and a one day one minute chart we're going to talk about a couple different indicators. Here i do have the 200 ema pulled up. That is this dark blue line.

That's just a 200 day moving average based on price action over those 200 days and then the 15 day vomit the volume adjusted moving average, which is this light. Blue trend line is the same thing except it's over a 15 day period and it takes into consideration the overall volume of a stock. We'll talk about the rsi indicator, the relative strength index, anything over 70 being overbought. Anything under 30.

Oversold we'll talk about the overall volume that we saw on the day, some different levels of support and resistance, and let's just get right into the video. So, if you're not familiar with what microvision is uh we'll just give you a quick rundown on marketwatch, they engage in the development of laser beam scanning technology. It offers its product under the picop brand picop scanning tech has addressing the following market segments interactive and non-interactive. Projected displays 3d perceptive lidar sensing for consumer electronics, augmented or mixed reality and 3d perceptive lidar sensing for automotive, active collision avoidance, and we take a look at them on stock twits message.

Volume is surprisingly down, sentiment, is up, price is up and guys what i like. The most about the price action today is: we have absolutely no news out on this. If you look at microvision's website, their last press release was on december 29th, so that is quite some time ago. I did google as well just to just to give you some reassurance, mbis stock news, and there is nothing new right.

This is all this is all old stuff. We just google microvision stock seven days ago is the last time that we've seen any sort of news release on the company. So this is off of absolutely nothing that we've been seeing this kind of movement guys and i've been high on microvision for a long time. There's a bunch of different reasons: why? But, let's just take a quick look at their technology in case you're new to the channel or are not aware they do have a whole bunch of different stuff.

They've got a patent portfolio that is up the wazoo source coding. Silicon design, hardware, design system, design, mems design, optomechanical design, advanced manufacturing capital equipment, they do have a projection engine. It's about the size of a quarter, very small. You can project it on walls, use it in the kitchen for cooking recipes.

You could you can hang it up in the fricking shower if you wanted uh and they also have an interactive projection engine. So you could, you could be uh cooking in the displays right on your countertop and and be you know, texting your grandma or whatever you wanted to do. While you're cooking, you could use this for homework. You could play candy crush crusher, whatever you want and then 3d lidar sensor.

So this is enabling the next level in home, automation and security with an adaptable, high resolution and low latency 3d lidar sensor. So that looks really nice they've got this projection head for a projection engine for head mounted display, and this is cool because you know this could tie into the army. Microvision already has ibas tech that is utilized by the us army, aviation sector and they're. Currently, developing the same tech that can be used for goggles on uh on us army, ground troops, so infantrymen armor, men field, artillery air defense, artillery um and it's just gon na help them navigate the the ground more clearly, just like the aviators are navigating the skies.

More clearly, and then this is the big thing we're expecting in april right this automotive, 3d lidar sensor. They are expected to give a presentation about this sometime in april and if i can find uh the press release here talking about it, that would verify it. For you not seeing it currently, but you know we are expecting it in april, so we are expecting a presentation on the 3d lidar sensor for april uh, automotive lidar sensor, and this could be huge guys, so microvision isn't rumor of taco of buyouts with different companies. Like microsoft, apple ford, tesla, i know people say tesla, there's no way, man elon musk doesn't like uh.

He doesn't like lidar. It's too bulky too ugly. Well guys! Look at this stuff, it's the size of a freaking quarter. It's tiny! This lighter it's! It's so sleek! It's aesthetic it's, it fits so nice on a tesla.

That's all i'm saying so. That gives you a quick rundown on microvision. Why i'm so high on the stock, even though it's a penny stock, i will be holding this for all of 2021, regardless of a buyout. The buyout is, in addition to an awesome company that is extremely undervalued.

I can see this easily being a 20 stock by the end of 2021 and guys, if you've been a part of the channel for a while. You know that i lowball everything i try not to get people's hopes up and i think microvision is gon na. Do some crazy, crazy things. So, let's take a look here at the one month chart look at the price action on the day, even though we did touch seven dollars.

That's so filthy uh. We didn't even approach the 70 uh level on the rsi indicator, so this isn't even overbought territory, guys. The big thing is just this huge spike in volume we're going to touch on that more on the on the one day one minute chart, but we didn't even approach 70, yet guys, nothing like what we saw yesterday and oh man. The price action was absolutely filthy.

Today, i'm loving to see that so the rsi indicator is just a hair above neutral at the moment. You know just looking at the previous trends here. You can see that anytime, we've been neutral, the corrections you know aren't typically too bad. Either we spike up more, which we see here right, pretty neutral, spike up neutral, spike up neutral, neutral spike up.

This may be an indicator of things to come, guys, i'm telling you i'm telling you i have been saying forever. Microvision is going to do its thing. I don't care if i'm down three thousand dollars right now, i'm gon na stay and ride this sucker out and guys. I am almost back even steven on microvision.

I am only down 322 dollars. I was down 3 000 and i am not letting this thing go. For anything uh and that's i don't this microvision is the bee's knees, and i would tell you that, even if i wasn't in the company um, i absolutely love them they're doing great things so um our sonicator looks great the if we zoom in here and just Take a quick look at the uh 200dm and the 15 day vomit. I pointed this out in yesterday's video, but we did have the crossover of the 15 day vomit over the 200 ema, which is a bullish indicator, and we are currently gapping that up - and this is usually a huge sign of an incoming run.

So if we look back on the company on the on the one month chart at the last time that they had a huge run-up when they crossed over the vomma over the 200 ema, it was back here and uh. They were currently trading at 2.68 cents. We reached 9.75 whoo. Now, i'm not saying we're going to 4x our money, but if that's any indicator of what's to come, this could be just the beginning.

If we repeat that trend that we've seen out of microvision in the past and guys, i'm so excited because uh people have been saying forever, you know if you just move your money somewhere else, you'd make it all back, and you know what maybe you're right, but Uh, i just think microvision is really gon na. Do some great things so looking really bullish right here, uh, if we zoom in on the one month chart here and just take a look at some patterns, we're seeing we are seeing a pretty large candle wick touching that seven dollar mark there was some price rejection. So that was a little bit heavy uh. If we look at this on the you know the two day chart, this was a head and shoulders pattern previously pointed out in the last video um.

But everything about this to me just screams bullish. In fact, i kind of see right here now that i'm looking at it the beginning of a cup and handle, so that looks absolutely sexy. I'm loving everything about the price action on microvision right now and this this could really play out to be something filthy in the next couple days. Guys i mean, i know we don't get to trade on monday.

That's a sad day. I always get so bummed when we don't get uh, i'm just telling you weekends are never the same once you start investing good good days or bad days, but i think we're set up for something really beautiful and guys. This is off of no news so um. Let's take a look at the one day, one minute chart here: real, quick.

What really catches my eye is this this huge freaking spike in uh in volume. At the end of the day it came out of nowhere. It happened just like that. We see this huge pump of volume like we were trading in a one minute window: twenty two thousand fifteen thousand, twelve thousand twenty thousand five thousand and all of a sudden boom, five hundred thousand five hundred thousand three hundred thousand five hundred eighty thousand there was this Huge push in volume off of no news and we've seen that two days in a row now this happened last week, uh, you know i'll look here on the 10-day chart and you're gon na be able to see the same thing end of the day boom huge Spike in volume boom huge spike in volume, and this is speculation.

I can't guarantee this and i i will completely disclose that - there's no way that i can know for sure, but this could be institutional buyers or toots that are loading the boat on nvis. After it's been attacked by the shorts, because this stock, historically speaking, is often attacked by shorts, it's uh it's shorted very frequently, and it makes sense right because it's so volatile, it's a great opportunity to make money. I don't blame you, but this i wouldn't be surprised whatsoever. If that's what happened here, some institutional buyers stepped in it just absolutely crushed this thing when it was sitting just a hair below six dollars and 20 cents and guys that's just absolutely beautiful so um.

What we're gon na want to look for here if we change this back to the one month, chart really quick resistance at 698 and if we can push and hold above seven dollars. The next level that we're going to be looking at guys is right around here. At about seven dollars and 39 cents, and oh man, i uh i'm so pumped because i said you know, i've got a feeling. We're gon na see a run-up.

I said that that huge volume at the end of the day has got to be a sign of something and uh sure is sure enough. We're seeing it happen. So if we push above 739 guys, the next amount of price action happens right around here at about eight dollars and ten cents, and then after that, we're looking at nine dollars. Nine dollars guys and i'm telling you if we can push above 10 on this next run up and hold above 10 that is going to attract some new buyers.

It's going to be absolutely insane. I think that not a lot of people even really know about microvision and what they are as a company, the potential they hold anytime, that you hear microsoft's name involved in any company, even if it's just the rumor of a buyout that instantly should attract your attention. It sure does mine and uh. You know just the talks of the possibility of a microvision buyout by microsoft really catches my eye just looking at the chart, real quick.

I do notice one more thing: we do have a beautiful, looking uh bullish flag forming right now. Here's the pole and if you're not aware of what a bullish flag is it's a bunch of green candles with a straight shot up and then you see the slow fade away right. You see some up and down movement here and if we fill in that up and down movement with some trend lines and draw them out you're, seeing something like this right. We're going to extend that trend line out, pull the chart over a little bit.

And if this plays out, you know it doesn't always play out, but if it does play out seven or eight times out of ten, if you push above this top trend line, you'll see a really violent move. Some really violent price action so leading into tomorrow, or even the pre-market tomorrow um, i would watch to see if we break through. You know, it'll probably end up being that six uh 660 level. If we're trading below that, it's tough to say what will happen for sure right, i can't predict the future, but i would watch for that very closely because if we do push through it, i really do think we're gon na re-test seven dollars.

So, if you're looking to get into the stock um personally, if you know me in my trading style, i don't like chasing stocks, so i would wait to see if we do have a pullback. There eventually will be a pullback right. All stocks go up and all stocks come down um, but with this stock you know we do have support currently at 628. 611.

602. 586. 579. 574.

If we really had to come back down to those levels, but you know i do anticipate we're gon na see a couple day run up we're not guaranteed to so. If you do see a dip, you know something like this. A little more harsh of a of a dip than that um, you can scoop it up. This is in the six dollar range.

I think you're going to do pretty decently. Well, so this stock is very highly volatile. You're going to have a really tough stomach, be able to stomach a little bit of red in your portfolio, sometimes, but guys, i'm telling you there's everything about this right now is screaming bullish. This looks absolutely beautiful, phenomenal and we're really loving to see that so to everybody out there that was holding microvision, whether you were a bag holder, whether you had a great position, i think you're gon na get your money back right now and then some you're gon Na you're gon na walk away a very happy guy.

I've been telling people forever, there's a reason that i have half of my portfolio in microvision, and i stand by that right now. I've got two thousand thirty shares. A dollar cost average of six. Seventy five nine um just a hair under fourteen thousand dollars.

I think it'll end up being like thirteen thousand seven hundred or something like that. Once i get even um - and i am one hundred percent gon na hold this throughout all 2021 - because that automotive lidar the ibs technology for the military - everything about this company is absolutely beautiful. So that is what i have for the video today. My friends thank you for watching.

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Peace.