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In an upward wedge. Went short at resistance today but a safer entry on wedge break.
Nice double bottom breakout last week that retested 200 EMA and back up long target 49.5
will this continue ?
Long at 34.40 with SL just below todays low at 33.50. target 36.50
stoch divg,. break trend line i think we can go to the target area.
Short < 38.25
Stop - 38.61
Target - 37.5
Stair stepping up nicely off news-related lows.
at bottom of up trend channel???? long? buy breaks trend line you are out
Needs to base here to get back to $59
ABCD reversal. first target 44, 2nd target 40
NYSE: MBLY is looking to form a head within the next 3-4 months. This head could form early as today (LOW HEAD), or could form later in the month of September (HIGH HEAD). Check it out.
This will be shorted till the GAP is filled before making new highs.
MACD Curling Up
there are also time to be cautious
It's all heresay until it bounces off support but this is what I'd like to see if MBLY is going to deliver on it's initial five up. The fibs of the 5 up are standard other than the deep 2. So far, not awful. But how it behaves in the blue box will tell us what is next.
...after this 6 $ run.
Potential reversal up to $30+