Monday, March 8, 2021

MVIS Microvision

 


MVIS gave mixed signals on Friday, the RSI crossed and so did the DI's but the stock bounced off of support at $10. Could be a good trade with potential big gains but with risk in this environment.

ARKK Ark Innovation ETF

 


ARKK was a sell on the Feb 22 close when the RSI crossed below 50, the DI lines crossed, and the stock traded below the 50 day moving average. After all that, Friday's bounce from the 106 support level is somewhat promising.