MBLY trade ideas
MBLYUnless the low at ~$25 stands unbroken, I am long. The prior bearish move down - circled - has a lot of overlaps, therefore I am assuming this to be a wave B (btw, followed by the impulsive bullish advance). Will take chances at this point
$MBLYNASDAQ:MBLY It retested Weekly Bottom CPR I expect a bounce here to higher levels are on the chart.
My target is 40. I advice buy here :)
MBLY manufactures autonomous driving components LONGMobileye 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 $24-25 range. Price is currently rising above support with an increase in
relative volume similar to that of late February and Early March.
The Awesome oscillator is green and positive at this time.
The volume profile shows a low volume overhead demonstrating little volume resistance to an
overhead move higher.
I will take a long trade here seeking those targets in the upcoming 1-2 months.
I have identified targets of 41 and 45 based on pivots in 2023.
I will take a long trade here
Double Bottom?As we can see there is a possible double bottom forming here.
Profit targets are as shown.
*this is not financial advice*
Use a stoploss please
MBLY potential buy setupReasons for bullish bias:
- Price bounced from strong support
- Strong bullish divergence
- Entry at LH breakout
Entry Level: 27.81
Stop Loss Level: 23.06
Take Profit Level 1: 32.56
Take Profit Level 2: Open
Mobileye Partners With Volkswagen For Automated DrivingIn a strategic move towards revolutionizing the automotive industry, Volkswagen ( GBEBROKERS:VOWG ) has announced an expansion of its partnership with Mobileye ($MBLY.) to integrate cutting-edge automated driving technologies into series production vehicles. This collaboration marks a significant step forward in Volkswagen's commitment to enhancing safety and convenience across its luxury brands, including Audi, Bentley, Lamborghini, and Porsche.
Mobileye ($MBLY.), the Israeli automotive tech powerhouse, will leverage its advanced SuperVision and Chauffeur platforms to provide driving assistance software tailored for Volkswagen's premium vehicles. These technologies will not only elevate the driving experience but also set new standards for safety and efficiency on the road.
The collaboration between Volkswagen and Mobileye ( NASDAQ:MBLY ) encompasses a range of automated driving functions designed to navigate both highway and urban environments seamlessly. Among these innovations are systems for automated overtaking on multilane highways, automatic stopping at red lights and stop signs, and comprehensive support in navigating intersections and roundabouts. Such advancements promise to redefine the driving experience, offering unparalleled convenience and peace of mind to drivers.
Oliver Blume, CEO of Volkswagen, expressed his enthusiasm for the partnership, emphasizing the transformative impact of the new automated driving functions on both safety and convenience. He highlighted how these advancements align with Volkswagen's vision of delivering state-of-the-art automotive technology to its discerning customers, underscoring the company's commitment to innovation and excellence.
Beyond enhancing the driving experience, Volkswagen's integration of Mobileye's technologies underscores a broader commitment to sustainability and societal well-being. By streamlining traffic flow, reducing congestion, and mitigating the risk of accidents, these automated driving functions hold the potential to create safer, more efficient transportation networks for communities around the world.
Looking ahead, Volkswagen's software unit, Cariad, will play a pivotal role in integrating Mobileye's technologies into its luxury vehicles, ensuring seamless operation and optimal performance. This collaborative effort reflects Volkswagen's holistic approach to innovation, leveraging the expertise of industry leaders to drive progress and shape the future of mobility.
In conclusion, Volkswagen's partnership with Mobileye ( NASDAQ:MBLY ) heralds a new era of automated driving, where cutting-edge technology converges with automotive excellence to redefine the driving experience. As these advanced functions make their way into series production vehicles, Volkswagen reaffirms its position as a trailblazer in the automotive industry, committed to shaping a safer, more connected future on the road.
MBLY: Potential BuyAfter falling 28% overnight the price seems to stabilize around this key level which is 40% from ATH. Targetting 35.8 USD.
$MBLY Breaking Out?
I have been in and out of NASDAQ:MBLY several times in the last few months. I posted an idea a few weeks ago (link below). I am back in this one this morning as it breaks above the most recent high. It looks to me that it is getting ready to run. All TBD. My stop is below today’s low. If it does not work, I will be out for a small loss. I will look to add on any consolidation over the breakout area.
Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
MBLY - Building nicely for ATHAll things are pointing up. Breakout of this triangle should be a good one. Likely to grind up to 48 and set up near ATH before next ER. You know the drill ;)
Disclosure: I have partial position at 42. Stop loss 41.5
MBLY - Building flag on weekly
Seemed like this name lagged the market last year, but now basing on weekly timeframe for nice run.
EMA 5D is working good. Constructive volume in the supply.
44-47 is a chop zone. if it can build here, next upward move is likely to be violent.
20% short float can add fuel to the fire.
Targets: 47, 49, 53 and 58
Disclosure: I am long via commons at 39.
$MBLY U&R?NASDAQ:MBLY looks like and technically is a fairly new IPO. However, it was a publicly traded company prior to NASDAQ: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.
$MBLY: Maybe a move down from 35?Following this daily triangle here on MBLY and waiting for a potential break of 35 to move lower to 30 or maybe below. We will look to initally take profits there but we'll see.
Possible upside?Chart has been within this channel for sometime now.
Looks like it has hit the bottom of the channel with good chance of upside
Shorted MBLYNot entirely sure what this company does....Shorting small size here. Gut feeling mostly but hourlys looks atrocious. Not advise.
$MBLY Setting Up$MBLY all coiled up (mini coil, trend, price and volatility contraction).
That said, still a bit trick and one that can move double digits easily in one day.
Earnings around the corner as well. I'll be just watching it for now.
🟨 2023 WATCHLIST: $MBLY2023 WATCHLIST
A series of stocks that i will be monitoring at the beginning of 2023
Here is a new issue from the Semiconductor Industry.
Relative Strength (IBD): 96
IPO: 2022
Sales acceleration:
Jun-22: 41%
Sep-22: 38%
$MBLY - Mobileye Has a nice bull (?) pennant Mobileye Has a nice bull (?) pennant on this 15 min chart. It's also regained the 5 DSMA (Black Line on chart). I have a position. I'd like to add but I'll wait for Powell remarks... Ideas, not investing / trading advice.
$MBLY outside day after last Friday inside day.$MBLY outside day after last Friday inside day.
$27 level to watch on support side.
Pivot developing at around $30
