Mavis, mavis god dang it one of these days, you're gon na. Do it you're gon na do it. I swear and it's gon na be the most beautiful thing ever patience, patience, patience, i'm telling you guys what is up. Everybody welcome to trace trades.

We have technical analysis on different stocks in the stock market, as well as potential buy, hold or sell opinions on these given stocks, i like the 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 it started this channel is because a couple years back, i was about thirty 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 now that my not financially free, but i'm doing pretty well for myself at the age of 23.. So if i can pass along any of the information resources or tools that are given to me here in the community and make a couple people better off than they were before, that's all that i can ask for last. If you would not mind drop a like on the video, it really does help support the channel and consider subscribing if you'd like to see more content like this.

Now, today we have our usual daily update on ticker symbol, mvis microvision incorporated our girl, mavis man i'll tell you what, even when, even when mavis isn't being good to us, we'll still be good to her. You know what i mean i'll drink some rum to that i got some in my car. I'm gon na i'm gon na take in here and eat. With my dinner, i'm probably gon na make a little pb j sandwich, i'm chilling in a hotel right now, i'm on my way to oklahoma for training uh for basic officer leadership course and uh yeah.

I just i just i camped out here in uh, kansas city. Just just to take it easy for the night i drove for about seven hours, but anywho we're gon na look at ticker symbol, mbis uh, we're gon na look at this on a one month chart as well as a one day. One minute chart to give you both a macroscopic and microscopic perspective of how the stock is looking. I've got three different indicators pulled up the rsi, which is a relative strength index.

Anything over 70 is overbought. Anything under 30 is oversold. I have the 200 ema, which is the exponential moving average, and this is just a average valuation. Uh price trend line moving over a 200-day period and then the 15-day vomit, which is the volume-adjusted moving average and some brokerage accounts won't offer this.

You might need to use the v-wop or the m8, but they're about the same thing, and this is just an average valuation trendline based over a 15-day period, adjust it accordingly to the overall volume that goes into a stock. We'll talk about what these all mean, both bullish and bearish indicators establish some levels of support and resistance. Give you an idea of where we're bottomed out at give you some ideas of what we can expect in the future potential entry points i'm holding this forever. I do have a position to well not forever, but for a long time i do have a position in mbis at a dollar cost average of actually six uh 676 five.

I will show you my history here 676 to do. Where are we at right here? Nope? That's not it 676.5 right there, so i do have a an average uh average cost of 676.5 for 2190 shares and i will be holding this for a very long time. I love microvision, there's a lot of great things that they do, and that is how i'm going to present it to you is as a hold play. I do think it is potential to uh to touch that 10 mark in the near future.

I'm guessing anywhere between two and three weeks. We are currently setting up nicely for another bullish run. We did close down a little bit here today, but buyers definitely kept the price back up and there was a lot of selling pressure which i do like to see. So look at this uh and all those different things, but first i want to get a quick shout out to the guys over the patreon.

I really do appreciate your support. We're almost 500 members strong! It's actually. It blows my mind because i think, like three weeks ago, there was like five people here, so it's been some crazy growth. I really love what's happening and i appreciate every single one of you.

Uh they'll have access to the private discord as well as real-time insight to my personal training and there's a lot of good stuff in here. We've got spec plays short-term plays mid-term, plays long-term, plays investing assistance, chatting questions. So, if you're interested in joining the community, there is a link to the patreon in the description box down below now, if you're not familiar with what microvision is i'll. Just read you off a quick little description here.

They engage in the development of laser beam scanning technology. It offers its product under the picop brand pcop scanning technology has addressing the following market segments. Interactive and non-interactive projected displays 3d perceptive, lidar sensing for consumer electronics, augmented and mixed reality and 3d perceptive lidar sensing for automotive, active uh collision avoidance, and we are expecting a lot of great things out of microvision in the future. They're supposed to give a presentation on uh on automotive lidar in late april, and if this does go well, there have been rumors of a buyout or a company acquisition by companies such as microsoft, apple, ford, tesla.

All of these companies that are trying to get into the autonomous vehicle game right, especially microsoft. Oh, i i really would love to see a microsoft acquisition if that presentation does go well, that is going to really make them a competitor in all of those different scenes and think about this. If that presentation goes well, they're not going to have to like beg for a company to acquire them, they're going to have people knocking on their door and they're going to be able to uh, really really do some some bargaining. You know really market themselves in a way and not go for a price less than what they want to, and i've just got nothing but good feelings and good things to say about microvision they've got great tech.

I'm going to show you what their technology is here. On the website in case you're interested they've got source coding, silicon design, hardware, design systems, design, mems design, optomechanical design, advanced manufacturing capital equipment. They've got a lot of different patents, guys, which is a generated revenue that they never have to worry about, and if they need revenue or cash flow, they can sell one of these patents and have instant money. They've got a projection engine about the size of a quarter which you can project onto a wall.

It's it's it'd, be cool for like if you're in the shower, and you want to watch a movie uh. You can put it up on the on the wall. In the kitchen and watch like a cooking tutorial, they've got an interactive projection engine, which is the same thing except you can play on it like a tablet, so you could be, you could be making cookies right. Your hands are all dirty and grimy uh.

I know i like my cookies and when you're making them you could be playing candy, crusher or swiping through a recipe and never have to worry about messing anything up. You just clean the counter up afterwards right they've got the consumer 3d lidar sensor, which is really cool. This would be a great security system for homes. They've got the projection.

Engine for head mounted displays, i think. Currently, the army is working on a contract between microvision and themselves for uh these goggles that they can wear like uh aviation sector. They they do have these and they wear them on their kevlars and what they do is they help them navigate the skies more freely. Well, infantrymen armament, uh, air defense artillery field artillery.

All these guys would have goggles that help them navigate the the battleground in a better way and then the automotive 3d lidar sensor, which we are talking about. We are expecting a presentation on this in april, so these are all awesome pieces of tech and i really really feel like this company is undervalued, they're currently sitting at a market cap of about 994 million dollars. They were just at a billion. They are down a little bit here, but i think they're worth a lot more than this.

I could see this in a couple of years being a 567x company and i really think people are sleeping on microvision. So if you think about the autonomous driving vehicle sector right now, right, those guys are the guys out out in the coal mine pickaxe in the coal and microvision vldr frsx. These are the companies selling them the pickaxe right. They can't do what they're doing with these electric vehicles without the help of companies like this, and i really really really think mdis is gon na be a big player in this, so that is my two cents in my due diligence for you on mvis.

I do have a write link, also in the description box, if you'd like to read more about the company. So with that being said, uh we're just gon na take a quick look at the charts here today was a pretty pretty standard day. We were down about a half a percent, so nothing crazy. Nothing to write home about volume was pretty low, uh, actually a lot lower than we've seen in the past here.

So not a lot of volatility, not a lot of price action. There were a couple times where buyers tried to push the price back up. I do think we touched about six dollars and 82 cents at one point in the day which was green compared to i think - and we were at 679 yesterday. So it would have been positive a little bit, but there was just not enough volume to really back up what the buyers were trying to do, and i kind of like to see this um in the sense that we were able to hold the price up.

We were able to stop the short attack in uh in a day where there really wasn't a lot of volume here. So rsi was nothing crazy, pretty neutral uh. We did close down that gap between the 200 ema and the 15 vomit, but there is still a gap here, so you can see that if i, if i focus on the bar right there, there is a very small gap between the 15 volume and the 200 Ema, so we did actually come back up, it did cross underneath at one point, and this is still slightly bullish - territory just slightly and uh. I i still feel pretty good about where we're at right.

Now i would consult. I call this a consolidation day. You know nothing crazy, nothing to write home about. We are currently trading at 676, which is exactly neutral with where we closed the day here in the after hours, and if we draw a retracement here from the base of the the run up to the peak of this last run up, we do have a very Solid support level sitting at 6 and 55 cents or so, and we have held above that extremely well.

So, if you're looking for an entry point into the stock, if you're looking to average down in the stock uh, if you're looking average up in the stock, that seems like a very solid point in which to get in, as we do have quite a few different Touch points here that do hold above that level, of course, the pre-market and the after hours uh, sometimes the volume or the market makers it can get kind of goofy, but for the most part, during the regular market hours, this level does hold up very well. So i would look to add to position anywhere between 650 and 660. I think you'll do extremely extremely well. So that's how that's looking right now, currently no crazy bullish pattern.

Sticking out to me. There may be a small wedge formation right here. So if we draw a trend line from the peak right here and tighten it down squeeze a little bit, you can see the bottom of this. This really last gnarly dip that we've been tightening up right here.

So this could be a spring loading action and consolidation to me. Favors buyers, because this tells people hey there's, not really that much risk for me if i decide to get into the stock because it has been consolidating for days unless there's some real nasty filthy, i mean like dirty filthy, not clean, filthy, not like the filthy. I like, like not good um, that we're not really worried about it dipping again so the longer this consolidates the more you're gon na likely to see buyers step into mvis, and this is typically a good thing to see on the charts so we're gon na change. It over to the two day, one minute chart real, quick and just take a quick look at some different things on here and uh.

It does look like we're squeezing down on price action a little bit. I mean honestly, if you wanted to today, you could have probably made some pretty decent cash swing trading. This i mean we stayed between a really tight price window. Here we touched 682 come back down to 666 touched 675.

666. uh 680., and here we are right. Now, in the after hours, at 6.73 kind of choppy price action here, not a lot to write home about with that volume was nothing crazy, rsi up and down day. This is as consolidation-esque as it gets uh there was.

It was a pretty strong battle between the bulls and the bears today, not a whole, not a whole lot to write home about so we're gon na be looking for tomorrow is a break above this trend line. So i think, if we can break above 6.85 to 6.90 you're very, very likely to see this price uh close north of seven dollars, and that would be a great step in the right direction for nbis. But it's very tough to say, which way. This is going to go because right now, this is a picture-perfect illustration of what's happening between the bulls and the bears we're seeing this battle for control of the stock between the shorts, because this is a very heavily short attack.

Stock and buyers were trying to push this up, and one thing i'm so excited for this to happen someday is this is going to have an epic epic short squeeze. This thing is going to be so freaking filthy nasty when it gets short squeezed because the stock is very heavily short attacked, so when this finally gets backed up by volume or a public relations or uh whatever it may be right. We're gon na see this initial run up and then shorts are gon na have to cover they're gon na have to buy back their shares at a higher price than they paid, and that is going to squeeze this stock, and i would not be surprised whatsoever when That happens to see this reach, all-time all-time highs, or at least a couple month highs. It's it's i'm very excited for sure.

I will and i will never i'll, never give up on my girl mavis. I love everything about this company, and that is the update today. On mvis, so if you enjoyed the video, 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 have an affiliate link in the description box down below for tubebuddy. Now.

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I just appreciate your support by taking the time to watch my videos, so that is what i have for you guys today. Thank you for watching my friends and i will see you all next time. Peace.