MVST - Bearish Head & Shoulders Breakdown Targeting $2.25–$2.75

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MVST - Bearish Head & Shoulders Breakdown Targeting $2.25–$2.75Microvast Holdings, Inc.BATS:MVSTKujikA classic Head and Shoulders pattern has formed on MVST's daily chart, with a clear neckline break to the downside. This technical setup suggests bearish momentum in the short term, with a likely price target between $2.25 and $2.75. This zone also aligns with a prior consolidation area and dynamic support. I expect the stock to potentially find a bottom in this area. If MVST can deliver strong Q2 earnings in August, a bullish reversal from that demand zone could follow.