Today MVIS had a swell in volume to levels not seen since August. The stock dropped and retested its August lows. While this breakdown from tight Bollinger Bands could cause one to be concerned, the chart is showing many bullish divergences.
While the stock has continued to make lower lows since the end of August, the MACD, RS, and Stochastics have all bottomed and have turned up. As buyers stepped in today and picked the stock up from its lows, its probable that a trend change is near.
Also, it was within a few days of today's date in October of 2006 that MVIS began its run which saw it rise 125% by the January CES show.