The gift that just keeps on giving baby the gift that keeps giving mbis mavis our girl cheers my friends woodford reserve for for our nice, fine, lady mbis beautiful. It's been a long time coming. I i was waiting a long time for this, but we know what we we have here with nbis. It is a great great stock.

I'm very excited to talk about this one today. What is up? Everybody welcome to trace trades where we get technical analysis on different stocks in the stock market, as well as potential buy holder, sell opinions on these. Given stocks, i like to purchase 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 thousand dollars 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 not financially free, but i'm doing pretty well for myself at the age of 23..

I actually read something in the comments made me laugh, it said uh. I can't wait until the day you say: uh, the age of 24, maybe chuckle uh, anyways, uh, so past line at the information resources or tools are given to me. You know the community making a couple people better off than they were before. That's all that i can ask for last.

If you're not mine, drop a 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're gon na be giving an update on ticker symbol. Mvis microvision incorporated and this baby is looking so dirty filthy right now. This has been a long time coming.

I'm super excited to be able to talk about this in a positive way, because i i uh most people are good. Most people are good, but i have had a people, a couple people that have said uh hey. Why are you still talking about this? This is a dead cat. I'm telling you right now.

This is not a dead cat. This is a very alive cat. This cat's got 15 lives and it is, it is coming back for uh for its second or third one, so we're gon na talk about this macroscopically as well as microscopically on the one month chart and the two day, one minute chart. Uh i've got three different indicators that i'm going to pull up real, quick all right.

So this is the rsi the relative strength index. Anything over 70 is overbought. Anything under 30 is oversold, the 200 ema, which is the exponential moving average, and this is just a price action based valuation trend line over a 200-day moving period and then the 15-day vomit, which is the volume adjusted moving average. Some brokerage accounts won't offer this.

You may need to use the vwop or the m8, but they're about the same thing, and this is just a price action based valuation trend line uh over a 15 day period, adjusted accordingly to the overall volume going into a stock. So we'll talk about what all of these mean we'll level off some different levels of support and resistance potential entry points, if you're looking to get into mvis we're going to drop a fibonacci retracement, which is very easy to do i'll, walk you through the whole step. There uh the whole nine yards and then go over to the two day, one minute chart and take a look at the price action, both bullish and bearish indicators and where we might see this going in the future. I'll tell you right now what i think this is doing, and i think it is going to very soon retest this high of 9.76, it's heating up every single day, guys it's it's getting ready, i'm very very excited for uh for nbis to do what she is About to do so, uh, let's just get right into the video uh, but first i want to give a quick shout out to the guys over the patreon.

We are almost 600 members strong, which is absolutely insane. I'm really really grateful for everybody here. It means a lot to me to have the support they'll have access to the private discord as well as real-time insight to my personal training, and we've got a lot of great stuff in here. We've got chatting questions, investing assistance, options, trading, stock, bot which i'll actually be showing you guys today, short term plays midterm, plays long-term plays, spac plays cult stocks, a whole bunch of different sectors and industries.

Uh and a lot of people in here make a pretty good amount of money. So if we come over here and check out uh weekly earners and learners, we've got three past months. 80 up, oh god, look at this 94 in the last month. That is absolutely insane: god dang good for you crow.

Thanks for that. Thanks for the love, my friend, i appreciate that and then uh 203 in one month, so absolutely insane a lot of people in here making a crap ton of money. Let's look at uh flacco up 13 today, absolutely insane so filthy uh, her props to you, brother. That is insane very happy for you.

So, if you're not familiar with what microvision is we'll just read off a quick description for you, they engage in the development of laser beam scanning technology. It offers its products under the pcop brand picobee scanning technology has addressing the following market segments. Interactive and non-interactive projected displays 3d price, perceptive lidar sensing for consumer electronics, augmented or mixed reality and 3d perceptive lidar sensing for automotive, active collision avoidance. The company is founded in may 1993 and is headquartered in redmond, washington and there's a lot of upside here with nvis.

I very very firmly believe in this company i think that they are going to be a 20 stock at the end of the year. They have automotive lidar that they are working on giving a presentation on sometime in april and if this presentation goes well, uh, there's rumors of them being buyout talks with other wig companies such as microsoft, apple, tesla, ford, all of which are working into getting into the Autonomous driving scene right, we know that microsoft's trying to tesla's already there apple's trying to get in florida would not be surprised whatsoever uh and if microvision really nails this down, they're gon na be able to negotiate they're gon na be able to get whoever they want To buy this stock and and the way that that works is per billion dollars in acquisition, you get paid a multiple of seven dollars per share, so if you spot out for five billion dollars, you'd receive seven times five billion dollars, which is thirty five dollars a Share ten billion dollars would be, seventy fifteen billion dollars would be a hundred and five you get the picture. This is a big big, big money maker. Some people will become millionaires off of microvision.

If you ever want to read a good story, go over to stock twits and just watch there's there's so many people there who we're just amped on this stock anyways. Let's look at the charts here. Look at the bullish indicators. We have the crossover on the 15 volume over the 200 ema back here, so if you've gotten into this stock back then at uh 5.63 you would be up uh over 50 right now and approaching 100 very, very soon here.

So that was when i said hey, this should be on your radar. It's looking pretty good. Of course you know i had a little bit of doubt right here. We could have gone a couple different ways.

We were starting to retest this uh 200 ema, but it held up very well two days, a very good consolidation and the buyer stepped back in and pushed the price back up. So if you'd held strong had some diamond hands right here, this is gon na, be another grand slam in the making. For you, that'll be that'll, be two on the day. Amc and mvis have been absolutely crushing and it it really pumps me up to see that happening.

Uh, i'm gon na show you my portfolio uh. This is a very long story, but i had some pretty personal uh family stuff happen today, and i was in the middle of a trade with snpw and uh. If you know what happened with snpw, you know how my portfolio looks right now, but i unfortunately had to step away from the computer. The last thing, on my mind, was my portfolio because i had some very important uh family things that happened that i needed to address on the phone and uh i.

I came back to an absolute disaster, so i am a big time bag holder on snpw, but i'm gon na keep a positive mind. That's not something i can control um like i said my portfolio was not the not was on my mind at this given time. I just needed to step away and take care of uh take care of what's most important first, which is my family and uh, we'll make this work some way or another, but regardless of that, all my other stocks outside of a nuvo did pretty well today, and I do have a position in nvis, as i stated earlier, at a dollar cost average of 6.76 and it is just going absolutely ham right now and we're loving everything about the price action here. Uh today, so volume is there.

It's increasing every single day, extremely overbought. Today we might see a little bit of a pullback, so just keep that in the back of your mind, uh. If we look at this last little good run here, the pullbacks weren't too bad right uh. You know it came down to about 50 46 50..

So, if you're looking for an entry point, what might you be looking at right? Well in the long term? Let's look at this. We haven't had a pullback, yet so we're going to drive from the base of this run up because we haven't had a pullback yet and just based on previous trends. If we draw up a fibonacci based on this run-up and see where it leveled off, that will give us a pretty good idea. So if we drop a fibonacci, take a look at the retracement, we can see that it held pretty well at first at 50 percent and then held on really really well to that 61.8 percent retracement.

Now that is a longer term horizon. So if you're looking for a mid to short term uh entry point, you know quick in and out uh you're, probably more likely to see that 50 retracement at the very at the very worst. So if we come back here and take a look at the chart again, 50 here would look something like about seven dollars and 58 cents. Now.

Is that going to happen? I can't guarantee that there's a lot of buying pressure. We see that there's uh, there's especially right now. At the end of the day, we've got a big fat shooting star or a hammer candle and there's there's a lot of buying pressure here in the after hours, so absolutely beautiful. There uh, i can't guarantee you it's gon na, come back down, but if it does that 50 retracement to 758 is the best opportunity for you to get in, and i think you're going to do extremely extremely well there.

So that's how the one month chart is currently looking. If we come over to the two day, one minute chart we're gon na. Take a quick look at this and oh man, we got a big fat george w right now, that is, that is nice uh. You can interpret this a couple different ways.

We do have it's close to a head and shoulders pattern, uh one two, three four, but this is an ascending ascending top out, so i'm not quite going to call that a head and shoulders, but we definitely do have a double bottom right here, and this is Stair stepping double bottom - and i do like to see that a lot, especially especially after we see a pretty harsh top out - buyer stepped right back in and started pushing the price again. Let's look at the overall candle action and we can see quite a few tails underneath some of these candles here right. This is a pretty ugly one. That's at some selling pressure um, but this is a nice hammer, candle some good little wicks under here.

That's a good doji candle, which usually indicates uh buying pressure is coming, which we did see. Um good engulfing candlestick pattern here, which is a when you have a small red candle and a large green candle or you can you can flip it vice versa right. But this is a good engulfing, candlestick pattern and after that we were off we're just running running running and you see that again here engulfing candlestick pattern over this doji candle and again here. So a lot of buying pressure, a lot of buying confirmations uh.

If i had to guess, i think this will continue to run, but if it does not, what i am anticipating is a slight pullback to that area that we had talked about at seven dollars and fifty five cents. I think that is the most likely area for you to get in at this given moment, uh the best case scenario, so uh, of course, if it is below that eat it up, eat it up, eat it up. This is a long term play. This will always always always treat you well.

I have got a lot of love for mavis. I love my girlfriend a lot uh. She doesn't like me talking about her on social media, but i'm gon na i'm gon na shout her out right now. I love my girlfriend a lot, but if i had to have a side girl it'd, be my lady mavis i'll tell you that right now.

So that is 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 like, to see more content like this and lastly, i do an affiliate link in the description box down below for weeble uh weeble is a brokerage account that allows you to trade in the extended hours. At 4am uh cst, which is a great tool if you'd like to get ahead of some plays. So if you do use my link you receive for free stocks with 100 deposit, i will also receive a free stock if you're not interested, i don't really care guys.

It's all good. I just appreciate your support by taking the time to watch my videos, so that is what i have for you guys thank you for watching my friends and i'll see you all next time. Peace.