It doesn't look promising. I suppose latest share dilution plays into the hands of short traders. Stock price has lost its momentum despite the positive outlook for VUZI -8.47% (e.g. company continues to develop strong partnerships to succeed in augmented reality).
Nota
in 4H chart the neckline is straight (8.20$). In the early morning I posted that in a hurry.Nota
Stock price held above 8.20 and chart pattern has resolved. Good sign
Penafian
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Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.