MBLY 0.00%↑ reported earnings yesterday and is enjoying a strong move upwards. Prior post on the idea, which is the latter of 2 posts from September
With earnings in the rearview, I’m maintaining risk management against the pictured AVWAP’s underneath, but I’m also watching for how the price action of the past 2 days gets digested. If things hold up well, I’ll likely be adding to this position. Adding to winners is a great position to be in.