MBLY manufactures autonomous driving components LONG

6월 8일

Mobileye Global Inc. (MBLY) operates in the Automotive - Original Equipment sector1. The company specializes in developing and deploying advanced driver assistance systems (ADAS) and autonomous driving technologies and solutions worldwide They offer a range of products, including safety features for real-time detection of road users, cloud-enhanced driver assist solutions, and self-driving systems for various road types

MBLY on a 180 minute chart shows up and down trending in the past 3-4 months. A support level
is identified in the $24-25 range. Price is currently rising above support with an increase in
relative volume similar to that of late February and Early March.

The Awesome oscillator is green and positive at this time.

The volume profile shows a low volume overhead demonstrating little volume resistance to an
overhead move higher.

I will take a long trade here seeking those targets in the upcoming 1-2 months.

I have identified targets of 41 and 45 based on pivots in 2023.

I will take a long trade here