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Friday, June 1, 2012

Microvision (MVIS) Stock Analysis June 2012


By Tim - http://stockstobuy.org - Twitter - @stockstobuy -

Facebook (FB) Stock Chart - The following is technical analysis on Microvision (MVIS) - June 1, 2012

Microvision (MVIS) Support & Resistance Levels - 6/1/12

Resistance Levels: $3.65, $3.99

Support Levels: $2.70

Chart - http://www.stockcharts.com

Microvision (MVIS) stock is breaking out to the upside today and is nearing $3.65 resistance. If MVIS breaks $3.65, I think we could see a retest of $3.99. Microvision (MVIS) is highly volatile so if you are trading the stock, buy the dips, sell the rips. I would sell MVIS above $4. If you are looking for a good entry point for a trade, buy below $2.70 and sell above $3. Be sure to follow me on Twitter for the latest stock market news from a traders perspective by clicking on the link below.


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