Posted monthly and weekly charts earlier. Providing daily for extra detail as to why last week's weekly candle paused where it did.
Daily at short term resistance. Based on longer time frame posts, I don't expect the short term resistance to hold moving into the next week. I do expect slightly more pausing at $1.67 which is a longer term downtrend resistance started back in June '23. Maybe where our monthly candle closes Tuesday? A close between $1.67-$1.90 would be a positive monthly candle IMO. That would have MVIS daily, weekly, and monthly all appearing to be putting in a bottom in time for a pre-election rally in coming months?
Daily at short term resistance. Based on longer time frame posts, I don't expect the short term resistance to hold moving into the next week. I do expect slightly more pausing at $1.67 which is a longer term downtrend resistance started back in June '23. Maybe where our monthly candle closes Tuesday? A close between $1.67-$1.90 would be a positive monthly candle IMO. That would have MVIS daily, weekly, and monthly all appearing to be putting in a bottom in time for a pre-election rally in coming months?
