MBLY 0.00%↑ is a name I’ve been trading in and out of recently, with mostly little luck until this week. It has an interesting setup for a tactical trade -
It’s filling out a prior gap today, and approaching the 200 day moving, which itself is flattening out. There isn’t much overhead supply from there till around $25.50 or so, creating some potential to flip long and use the 200 day for risk management.