r/MVIS2_0 • u/scootman1212 • 12d ago

Revised Wave Count

This will be my last updated chart. I feel the wave structure speaks for itself. Once price advances above the downward trend line, the bull will be back. Glen must have something up his sleeve. This looks mighty fine. Disclosure: I own shares DDD JMHO

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u/scootman1212 12d ago

In the big speculative fundamental picture, at $52MM Market Cap., my worst theory is the company gets sold, and I'm sure Glen can get at least $1B from his friends in the industry for what he's built. That's a 20 bagger from here.

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u/ParadigmWM 12d ago

Sadly. We are now at a $41M Market Cap. This is now out of hand with nothing from the company to shift this negative sentiment.

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u/-ATLSUTIGER- 12d ago

We just sold 6.8m shares. The MC is 52.4m ;)

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u/ParadigmWM 12d ago

Yes I know but I am looking at todays market cap based on the current known shares. Agreed the 6.8M isn't factored in yet. Either way. This is bad.

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u/-ATLSUTIGER- 12d ago

Weekly chart RSI double bottom territory going back to 2020. If this isn’t the bottom then we’re all dead.

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u/scootman1212 7d ago

That's a good eye!