Vuzix CorporationShort
5 reasons VUZI is under heavy resistance
Recently failed to hold and failed to recover.. and dipped below the 8 year uptrend support channel. (orange rising)
Below 50 SMA (red above)
Below 7$ historic resistance. (orange horizontal)
Riding the short-term downward trend
Downward trending stochastic.
the only thing technically that seems to hold the price is the 200 SMA (green above)
Below 50 SMA (red above)
Below 7$ historic resistance. (orange horizontal)
Riding the short-term downward trend
Downward trending stochastic.
the only thing technically that seems to hold the price is the 200 SMA (green above)
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