MBLY
looks like and technically is a fairly new IPO. However, it was a publicly traded company prior to
INTC
buying them in 2017. They re-IPO’d in 2022.
I am playing this as an Undercut and Rally play. Earnings are behind them, and they beat expectations and guided sales and earnings higher. My stop is a close below today's low.
A word of caution, they are located in Israel and may be affected in some way by the conflict going on over there.
They have enjoyed several upgrades as well. See Chart for additional notations.
Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
I am playing this as an Undercut and Rally play. Earnings are behind them, and they beat expectations and guided sales and earnings higher. My stop is a close below today's low.
A word of caution, they are located in Israel and may be affected in some way by the conflict going on over there.
They have enjoyed several upgrades as well. See Chart for additional notations.
Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
코멘트:
I have raised my stops, I have 2, so that this will be a profitable trade. They are hard stops entered into my trading platform. If this continues to rise, I will buy additional shares once we have a close over yesterday's high of 35.86. All TBD.
코멘트:
I took 1/2 of this off with $1.67 profit per share which is a 5% gain on these shares. I have a hard stop on the balance with a 3% gain. If I don't get stopped I'll follow my trading plan as above to add back and more. All TBD.
거래청산: 스탑 닿음:
I have been stopped out of my remaining shares. Back on watchlist.
액티브 트레이드:
I like the action in
MBLY
this morning. I have started a 1/2 sized position. I'll look to add or get stopped based on tomorrows CPI report... My stop is todays LOD.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I am still in the trade and will stay with my trading plan and current stop.