Stock Chart Analysis MVIS

Posted by downtowntrader | 7/29/2007 09:39:00 PM | 0 comments »

Stock Chart Analysis MVIS

Microvision, Inc. (Public, NASDAQ:MVIS)

MVIS is a stock that has been showing good strength the entire year. Recently the company called some warrants and it had an adverse affect on the price of the stock. Then they released news of their first deal with Motorola to develop their Cell phone video projector and it seems like there was a large group waiting to sell that news. The stock seems to be firming up here and this could be a decent place to enter MVIS for a trade. If this level holds, then it could prove the $4.70-$5.00 area as strong support.

Good Trading,


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