MBLY is looking great so far this morning. It broke above the descending trend line (highlighted in blue on the daily chart) and an advanced pivot at 61.19. Its RS line is in new high ground ahead of price.
There is support along the 50dma, specifically at 56.50 Watch this level in case the breakout fails.
There is support along the 50dma, specifically at 56.50 Watch this level in case the breakout fails.